Journey Early Learning, 271 Thompsons Road,
Templestowe Lower, VIC 3107
Medical & Consulting • Shops & Retail • Other
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CBRE - QLD
Level 3, 1 Eagle StreetBRISBANE CITY, QLD 4000
Journey Early Learning, 271 Thompsons Road
Templestowe Lower, VIC 3107
Map of Journey Early Learning, 271 Thompsons Road
Set-and-Forget Childcare Investment | New 12+10+10+10 Year Net Lease to 2064
- Fixed 3.25% annual rent increases
- 100% occupancy with long wait-list
- 861sqm high profile corner site
Burgess Rawson is pleased to offer to the market, 271 Thompsons Road, Templestowe Lower for sale via our Auction Investment Portfolio 155.
This investment has the following key investment highlights:
+ New 12 year net lease to Journey Early Learning to 2034.
+ Three further 10 year options to 2064.
+ Journey Early Learning: leading early education provider, with a network of 37 centres across the eastern seaboard.
+ Attractive 3.25% annual rent increases.
+ Strong trading business with 100% occupancy & long wait-list.
+ Tenant pays all usual outgoings.
+ Extensively refurbished childcare centre with significant depreciation and licensed for 45 LDC places.
+ Prominent corner road site with frontages to Sunhill Road and Thompsons Road, situated within a significant schooling precinct with six primary and secondary schools within a 1.5-kilometre radius.
+ Conveniently located metres from the ALDI and Woolworths-anchored Macedon Square, and within close proximity from Westfield Doncaster, underpinned by major retailers ALDI, Coles, Woolworths and over 350 specialty retailers.
+ Childcare/Early Education is an essential service and one of Australia’s most sought-after asset classes, with both Federal and State Governments providing record funding. In the 2021-22 Federal Budget, the Federal Government added a further $1.7 billion to the $10.3 billion already budgeted for the year*
+ Net Income: $172,825 pa + GST.
For Sale by Investment Portfolio Auction
10:30am (AEST) Wednesday 14 September 2022
Crown Casino - River Room
Please contact the exclusively appointed Burgess Rawson team for more information.
Burgess Rawson:
Natalie Couper: 0413 856 9...
Adam Thomas: 0418 998 9...
Sam Mercuri: 0413 830 7...
Conjunctional Agent:
David Knuppel
0412 393 829
childcarebrokers@bigpond.com.au
*Mitchell Institute, Australian Investment in Education: Early Childhood Education and Care (ECEC).
This investment has the following key investment highlights:
+ New 12 year net lease to Journey Early Learning to 2034.
+ Three further 10 year options to 2064.
+ Journey Early Learning: leading early education provider, with a network of 37 centres across the eastern seaboard.
+ Attractive 3.25% annual rent increases.
+ Strong trading business with 100% occupancy & long wait-list.
+ Tenant pays all usual outgoings.
+ Extensively refurbished childcare centre with significant depreciation and licensed for 45 LDC places.
+ Prominent corner road site with frontages to Sunhill Road and Thompsons Road, situated within a significant schooling precinct with six primary and secondary schools within a 1.5-kilometre radius.
+ Conveniently located metres from the ALDI and Woolworths-anchored Macedon Square, and within close proximity from Westfield Doncaster, underpinned by major retailers ALDI, Coles, Woolworths and over 350 specialty retailers.
+ Childcare/Early Education is an essential service and one of Australia’s most sought-after asset classes, with both Federal and State Governments providing record funding. In the 2021-22 Federal Budget, the Federal Government added a further $1.7 billion to the $10.3 billion already budgeted for the year*
+ Net Income: $172,825 pa + GST.
For Sale by Investment Portfolio Auction
10:30am (AEST) Wednesday 14 September 2022
Crown Casino - River Room
Please contact the exclusively appointed Burgess Rawson team for more information.
Burgess Rawson:
Natalie Couper: 0413 856 9...
Adam Thomas: 0418 998 9...
Sam Mercuri: 0413 830 7...
Conjunctional Agent:
David Knuppel
0412 393 829
childcarebrokers@bigpond.com.au
*Mitchell Institute, Australian Investment in Education: Early Childhood Education and Care (ECEC).
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Templestowe Lower, 3107 demographic data
The median household income for Templestowe Lower is $1,920, 1% higher than Greater Melbourne's household income of $1,901. Templestowe Lower has an older age profile compared to the rest of Greater Melbourne (median age 45 vs 37). Property ownership data shows 40% of property owners in Templestowe Lower have a mortgage.
14,098
Population
$1,920 per week
Median household income
45 years
Median age
Owners
Most residents
Families
Most households
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