183-185 Banksia Street Ivanhoe VIC 3079

CBRE's Australian Healthcare & Social Infrastructure team is proud to present 183 185 Banksia Street, Ivanhoe (VIC) A trophy childcare centre with bespoke design elements available. Offering substantial surrounding amenities with favourable population and development growth location, the centre is positioned for long-term success in an area starved of modern early learning offerings.

OVERVIEW:

+ Architecturally designed centre with plan for 92 Long Day Care (LDC) places (STCA*)

+ Spacious floor plates and design with a combined 1,265 sqm+* of internal activity and external play area

+ A two-level childcare centre with generous on-site parking for 20 cars, sitting on 1,391sqm*

+ Substantial street exposure of 30m* with access/egress via Banksia Street (47,000 cars passing daily)

+ Modern high-quality childcare offering in the area with a large number of aging and substandard facilities in operation which heightened demand for modern offerings

+ Within a catchment with only two new/near new centre over 90 places as competing centres

LOCATION:

+ Favourable demographics with high birth rate, and median household income ($170,872) exceeding Australian averages ($110,240)

+ Consistent Population growth location with a forecast increase to be 14,968 to 21,219 (42% growth*) between 2021 and 2046.

+ The average vacancies at existing centres are considered to be very limited, with the hourly childcare rate in Ivanhoe having grown by 6.9% in the past 12 months

+ Notable immediate residential development in Ivanhoe with an average of 151 dwellings per annum to 9,977 in 2046 (33% growth*), population and density within the area is deemed to increase

+ Immediate access to transport and retail amenities including Heidelberg Repatriation Hospital/Banksia St Bus Stop (40m*), Heidelberg Train Station (1.3km*) and Ivanhoe Mall (1.6km), Ivanhoe Plaza (1.7km), Bell Street Mall (2.0 km*), Warringal Shopping Centre (1.9km*), East Ivanhoe Village (3.1km*), and more

+ Immediate access to transport and retail amenities including Heidelberg Repatriation Hospital/Banksia St Bus Stop (40m*), Heidelberg Train Station (1.3km*) and Ivanhoe Mall (1.6km), Ivanhoe Plaza (1.7km), Bell Street Mall (2.0km*), Warringal Shopping Centre (1.9km*), East Ivanhoe Village (3.1km*), and more

+ Surrounded by numerous educational amenities including Ivanhoe Girls Grammar School (1.1km*), Austin School (1.1km*), Waratah Special Developmental School (1.3km*), Ivanhoe Primary School (1.4km*), St John's Primary School Heidelberg (1.9km*), St Bernadette's Primary School (1.9km*), and more

+ Walking distance from healthcare amenities including Heidelberg Repatriation Hospital (300m*), Austin Hospital (1.2km*), Warringal Private Hospital (1.3km*), Mercy Hospital for Women (1.3km*), and more

For Lease via Expressions of Interest

Jimmy Tat
0439 399 118

Sandro Peluso
0418 389 757

Marcello Caspani-Muto
0417 065 777