Eden Academy, 11 Aspect Drive,
Doreen, VIC 3754

Burgess Rawson from CBRE is pleased to offer to the market Eden Academy, located at 11 Aspect Drive, Doreen VIC, for sale via Private Treaty.

This opportunity has the following key investment highlights:

+ Twenty (20) year net lease to June 2045.
+ Two (2) further ten (10) year options to June 2065.
+ Eden Academy: industry leading early education provider with a network of over 50 centres nationally.
+ Fixed 3% annual rent increases, ensuring rental growth.
+ Tenant pays all usual outgoings, including single holding land tax.
+ Expansive 1,760sqm* facility licensed for 120 LDC places with 34 on-site car spaces.
+ Substantial 4,347sqm* corner landholding with triple street frontage site opposite Ivanhoe Grammar School and a further three schools within 900metres* servicing 3,000+ annual student enrolments.(1)
+ Conveniently located within close proximity to Mernda's major retail and lifestyle amenities, including Mernda Town Centre, underpinned by Bunnings, Coles, Woolworths, Mernda train station and an array of specialty stores.
+ Strategically positioned fronting Bridge Inn Road with exposure to over 11,000 vehicles daily and immediate connectivity to Plenty Road, a major arterial with more than 36,000 vehicles passing daily.(1)
+ Doreen: a booming growth corridor in Melbourne north, a highly sought after family friendly location located only 23km from the CBD.
+ City of Whittlesea: One of the fastest growing municipalities in Australia, with a population forecast to grow 56.27% by 2041.(2)
+ Childcare/Early Education is an essential service asset class with both Federal & State Government's allocating over $16 billion in funding for FY25, including $3.6 billion supporting wages and $1 billion to expand access in underserved areas.
+ Net Income: $504,000 pa* + GST

For Sale via Private Treaty.

Please contact the exclusively appointed team for more information.

* Approx
1 Gapmaps
2 Forecast.id