CBRE Australian Healthcare & Social Infrastructure is proud to exclusively present for sale 88 Potts Road, Langwarrin - A brand-new architecturally designed childcare center leased to one of the country's most sought-after early learning providers. Guardian Childcare and Education is one of the country's largest providers and is backed by global investment powerhouse Partners Group with AUD $225.6 billion under management. Already operating a successful centre in Langwarrin with the strong local presence, underscores the strategic decision to expand its footprint in the area.
Constructed with uncompromising standards amidst a back drop of rising development costs, the subject property offers investors a stable long-term income stream with significantly reduced early learning investment supply forecast in the years to come.
Overview:
+ Leased to Guardian Childcare & Education with 175+ centers across Australia and backed by Partners Group a leading Swiss investment firm active in over 550 private markets with AUD $225.6 billion in assets under management (https://www.partnersgroupaustralia.com.au/en/about-us/about-partners-group/)
+ Annual income of $484,000* + outgoings & GST with 3% annual increase^
+ Brand new 110 place centre with a building area of 784sqm* with high-quality improvements and full builders warranties - complete in May 2024
+ Underlying land area of 2,625sqm* with ample on-site parking for 24 cars
+ Brand new 20 year lease with (2) two further (10) ten year options to 2064
Location:
+ Positioned within walking distance of Woodlands Primary School (376m) and a short distance to Langwarrin Park Primary School (2.5km), Skye Primary School (2.2km), St. Jude's Primary School (3.5km), Elisabeth Murdoch College (3.8km), and Cranbourne South Primary School (4.5km)
+Adjoining the new Langwarrin Community Aged Care development with 144 rooms and well connected to notable surrounding retail and lifestyle amenity including Woolworths, Ampol, Coles, McDonalds and more
+ Situated within walking distance of Langwarrin Plaza (1.2km) & the Gateway activity hub (2.6km), boasting significant premium retail and hospitality amenities
+ Prominent street exposure to Potts Road and Gum Nut Dr intersection, connecting directly to Woodlands Primary School and Cranbourne Frankston Road
+ City of Frankston is one of Australia's fastest-growing regions. Population is forecasted to increase by 20,851, representing a 14.81% growth from 2021 to 2041
FOR SALE VIA EXPRESSIONS OF INTEREST CLOSING FRIDAY 26TH JULY 2024 AT 2:00PM (AEST)
For further information, please contact the exclusive sale and marketing agents:
Sandro Peluso
+61 418 389 757
Marcello Caspani-Muto
+61 417 065 777
Jimmy Tat
+61 439 399 118
approx*
^Commencing in year 3 of the lease
