2 Crew Street,
Yallambie, VIC 3085
Medical & Consulting • Other
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CBRE - Melbourne
Level 34, 8 Exhibition StreetMELBOURNE, VIC 3000
2 Crew Street
Yallambie, VIC 3085
Map of 2 Crew Street
PREMIUM INNER EAST CHILDCARE OPPORTUNITY LEASED TO LEADING NATIONAL OPERATOR NIDO EARLY SCHOOL TO 2042 PLUS OPTIONS TO 2062
- Returning $285,476 + outgoings & GST
- 20+10+10 Year Lease To 2062
- Substantial depreciation benefits
CBRE Australian Healthcare & Social Infrastructure are proud to exclusively present 2 Crew Street, Yallambie for sale. A purpose-built childcare centre leased to one of the country’s top tier early learning providers.
Constructed with uncompromising standards amidst a back drop of rising development costs the subject property offers investors a stable long-term income stream with a significantly reduced early learning investment supply forecast in the years to come.
Part of the Elite Early Education Collection comprising ten (10) premium childcare investments offered individually or in one-line.
+New 20 year lease to 2042 with (2) two further (10) ten year options to 2062
+Annual income of $285,476pa + Outgoings & GST with fixed annual increases (CPI + 0.75%)^
+Tenant pays all outgoings including land tax
+Leased To Nido Early School - A brand synonymous with success and a powerhouse national operator featuring 99 centres in operation or under development across Australia
+Architecturally designed improvements of 480sqm*, with construction completion occurring in early 2022 offering significant depreciation benefits
Location
+Well located with immediate access via Lower Plenty Road, a major eastern suburbs thoroughfare
+Three notable primary schools within the immediate centre catchment (2km*) including - Rosanna Primary School, Viewbank Primary School, and Banyule Primary School
+Walking connected to retail and lifestyle amenity and within walking distance to McDonalds, Viewbank Medical Group, Coleen Street Playground and Reserve
+Underserviced early learning location with minimal competing high quality early learning centres within the immediate catchment
For more information please contact CBRE’s National Healthcare & Social Infrastructure team below;
Sandro Peluso
0418 389 7...
Jimmy Tat
0439 399 1...
Marcello Caspani-Muto
0417 065 7...
^4% cap & 3% collar. NOI is based on FY23 Vendor Outgoings Budget. Prospective purchasers should make their own enquiries. NOI is as at 31 March 2023.
Constructed with uncompromising standards amidst a back drop of rising development costs the subject property offers investors a stable long-term income stream with a significantly reduced early learning investment supply forecast in the years to come.
Part of the Elite Early Education Collection comprising ten (10) premium childcare investments offered individually or in one-line.
+New 20 year lease to 2042 with (2) two further (10) ten year options to 2062
+Annual income of $285,476pa + Outgoings & GST with fixed annual increases (CPI + 0.75%)^
+Tenant pays all outgoings including land tax
+Leased To Nido Early School - A brand synonymous with success and a powerhouse national operator featuring 99 centres in operation or under development across Australia
+Architecturally designed improvements of 480sqm*, with construction completion occurring in early 2022 offering significant depreciation benefits
Location
+Well located with immediate access via Lower Plenty Road, a major eastern suburbs thoroughfare
+Three notable primary schools within the immediate centre catchment (2km*) including - Rosanna Primary School, Viewbank Primary School, and Banyule Primary School
+Walking connected to retail and lifestyle amenity and within walking distance to McDonalds, Viewbank Medical Group, Coleen Street Playground and Reserve
+Underserviced early learning location with minimal competing high quality early learning centres within the immediate catchment
For more information please contact CBRE’s National Healthcare & Social Infrastructure team below;
Sandro Peluso
0418 389 7...
Jimmy Tat
0439 399 1...
Marcello Caspani-Muto
0417 065 7...
^4% cap & 3% collar. NOI is based on FY23 Vendor Outgoings Budget. Prospective purchasers should make their own enquiries. NOI is as at 31 March 2023.
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Property ID: 504301856Last Updated: 16 Jul 2023
CBRE - MelbourneLevel 34, 8 Exhibition Street
MELBOURNE, VIC 3000
MELBOURNE, VIC 3000
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