365 Bell Street,
Preston, VIC 3072

CBRE Victorian Health, Aged and Child Care & Victorian Retail Investments are pleased to offer for sale 365 Bell Street, Preston, via the CBRE Premium Portfolio Auction, Thursday 31st August from 6pm. This is 1 of 4 childcare investments in a portfolio being offered separately.

- Brand new state of the art purpose built childcare investment

- High quality boutique family operator & childcare developer / builder of 20+ year experience

- Nino Early Learning Adventures with strong Melbourne network of 13 trading and forthcoming centres

- New 20 year lease with 10 year option, plus 3% annual increases and 6 month bank guarantee

- Income: $488,000 pa* + GST

- Permit: Childcare centre for 122 children

- Land area/zoning: 1,161sqm* / Public use zone PUZ4

- Building area: 913sqm*

- Status: Construction nearing completion - Imminent opening August 2017 (strong registrations of interest)

- Undervalued asset class experiencing exceptional demand due to Melbourne's booming population growth

- Investment sector supported by $37billion investment by Federal Government over the next 4 years & subsidies for childcare centre parents

- Attractive depreciation benefits

- Strategic catchment location

*approx.

Open for Inspection to be held at Nino Preston, 365 Bell Street, Preston on Tuesday 29th August at 4pm.


Scott Hawthorne
+61 400 861 048
scott.hawthorne@cbre.com.au

Nathan Mufale
+61 421 224 354
nathan.mufale@cbre.com.au

Alex Brierley
+61 447 974 447
alex.brierley@cbre.com.au

Jing Jun Heng 王敬君
+61 411 059 116
jj.heng@cbre.com.au

David Minty
+61 422 564 199
david.minty@cbre.com.au