230 Saltlake Boulevard Wollert VIC 3750

CBRE Australian Healthcare & Social Infrastructure is please to offer for sale 230 Saltlake Boulevard, Wollert - a brand-new, architecturally designed childcare centre leased to premium multi location operator - Leading Edge Early Learning.

Strategically positioned in Wollert, a high-demand "childcare desert" with a staggering 5:1 demand ratio, this property is surrounded by major residential developments spanning over 62 hectares* and 35,000 planned homes* in neighbouring locations.

This premium investment offers investors a secure, long-term income stream in a market facing a sharp decline in quality childcare centre supply.

Overview:

+State of the art brand new centre built to uncompromising standards in combination with leading architectural design across an area of 560sqm*

+ Leased to leading private operator Leading Edge Early Learning offering services across QLD and Victoria with highly successful track record

+ Highly serviceable rental of $3,300 per place deemed to be below market levels for the immediate area

+ Selling below replacement costs with land value making up over 50% of the price.

+ Passing income of $264,000 with the security of bank guarantee + personal guarantee

+ Brand new 10-year lease with (3) three further (10) ten-year options to 2065

+ 2,239sqm* corner landholding with over 160m* combined street frontage

+ 80 place centre with 17 dedicated parking spaces

Location:

+The City of Whittlesea is experiencing significant population growth, with the population expected to increase from 245,029 to 382,896 by 2041, and an estimated 3,952 newborns annually

+Well-connected location, only ~1 min drive from major thoroughfare Epping Road, with ~15,000+ vehicles daily passing

+Wollert's residential landscape is being reshaped by large-scale developments like Habitas Aurora, Fellow Estate, Fellow Estate etc (with over 62 hectares and 35,000 planned homes)

+Moments from retail amenities including McDonalds' (1km*) Woolworths Epping (1.9km*), Epping North Shopping Centre (1.7km*), Aurora Village (3km*), Aldi Epping (3km*)

+Across the road from Al Siraat College (200m*) and multiple primary and secondary educational facilities are present within Wollert, including Wirrigirri Primary School (850m*), Epping Views Primary School (1.9km*), Glowrey Catholic Primary School (2.0km*), Wollert Primary School (2.3km*), Wollert Secondary School (2.4km*).

To be sold via international expressions of interest closing on Thurday 10th April at 2.00pm

For further information, please contact the exclusive sales and marketing agents:

Sandro Peluso
+61 418 389 757

Jimmy Tat
+61 439 399 118

Kai Wang
+0431 898 531

approx*