162 Elevation Boulevard,
Craigieburn, VIC 3064
Medical & Consulting • Shops & Retail • Other
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CBRE - Melbourne
Level 34, 8 Exhibition StreetMELBOURNE, VIC 3000
162 Elevation Boulevard
Craigieburn, VIC 3064
Map of 162 Elevation Boulevard
CRAIGIEBURN EDUCATION INVESTMENT – PART OF THE EXCLUSIVE EARLY LEARNING PORTFOLIO
- 20 year lease + options to 2062
- Premium operator Niño Early Learning
- State-of-the-Art building of 881sqm*
CBRE Australian Healthcare and Social Infrastructure is delighted to offer for sale 162 Elevation Boulevard, Craigieburn. Premium freestanding education investment on a substantial corner landholding of 1,797sqm* with exposure to Elevation and Vantage Boulevards.
OVERVIEW
+ Brand new and architecturally designed centre forecast for completion in February 2022 constructed by Ruber Group with a 62 year history and 20+ centres built
+ Leased to Niño Early Learning Adventures (20 centres operational and in development) with a permit for 114 places
+ Annual income of $450,300 pa*+ GST and outgoings plus a 6-month bank guarantee
+ 20 year lease to 2042 with (2) two further (10) ten year options to 2062
+ Strategic 1,797sqm* corner site, zoned Urban Growth with twenty-two (22) on-site car spaces
LOCATION
+ Brand new centre at the heart of dense surrounding residential and community amenity
+ Strategically selected location with the Nino brand operating multiple successful centres within the municipality and its surrounds generating immediate demand while optimising staffing efficiencies
+ High price growth location with Craigieburn now an established suburb with median house price growth of 145% since 2015
+ Significant surrounding residential estates and communities under construction or recently completed, contributing to the gradual gentrification of the area with developers including Stockland, Burbank Homes, Porter Davis and others.
EXPRESSIONS OF INTEREST NOW CLOSED - Under Exclusive Due Diligence
For further information on this opportunity or the entire portfolio of premium assets, please contact the exclusive selling agents:
Sandro Peluso
+61 418 389 7...
Jimmy Tat
+61 439 399 1...
Marcello Caspani-Muto
+61 417 065 7...
approx*
OVERVIEW
+ Brand new and architecturally designed centre forecast for completion in February 2022 constructed by Ruber Group with a 62 year history and 20+ centres built
+ Leased to Niño Early Learning Adventures (20 centres operational and in development) with a permit for 114 places
+ Annual income of $450,300 pa*+ GST and outgoings plus a 6-month bank guarantee
+ 20 year lease to 2042 with (2) two further (10) ten year options to 2062
+ Strategic 1,797sqm* corner site, zoned Urban Growth with twenty-two (22) on-site car spaces
LOCATION
+ Brand new centre at the heart of dense surrounding residential and community amenity
+ Strategically selected location with the Nino brand operating multiple successful centres within the municipality and its surrounds generating immediate demand while optimising staffing efficiencies
+ High price growth location with Craigieburn now an established suburb with median house price growth of 145% since 2015
+ Significant surrounding residential estates and communities under construction or recently completed, contributing to the gradual gentrification of the area with developers including Stockland, Burbank Homes, Porter Davis and others.
EXPRESSIONS OF INTEREST NOW CLOSED - Under Exclusive Due Diligence
For further information on this opportunity or the entire portfolio of premium assets, please contact the exclusive selling agents:
Sandro Peluso
+61 418 389 7...
Jimmy Tat
+61 439 399 1...
Marcello Caspani-Muto
+61 417 065 7...
approx*
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Property ID: 503934794Last Updated: 19 Jan 2022
CBRE - MelbourneLevel 34, 8 Exhibition Street
MELBOURNE, VIC 3000
MELBOURNE, VIC 3000
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