84-86 Hull Road,
Croydon, VIC 3136
Medical & Consulting • Other • Development Sites & Land
Key property information
Land area
Floor area
Property extent
Tenure type
NABERS
Sold on
CBRE - Melbourne
Level 34, 8 Exhibition StreetMELBOURNE, VIC 3000
84-86 Hull Road
Croydon, VIC 3136
Map of 84-86 Hull Road
HIGH PERFORMING 15 YEAR PLUS CHILDCARE INVESTMENT LEASED TO PREMIUM VICTORIAN OPERATOR
- Returning $424,176+ outgoings & GST
- 15+10+10+10 Year Lease To 2067
- Substantial depreciation benefits
CBRE Australian Healthcare & Social Infrastructure are proud to exclusively present 84-86 Hull Road, Croydon for sale. An architecturally designed, childcare centre leased to one of the country’s highest quality private childcare providers.
Constructed with uncompromising standards amidst a back drop of rising development costs the subject property offers investors a stable long-term income stream significantly reduced early learning investment supply in the years to come.
Part of the Elite Early Education Collection comprising ten (10) premium childcare investments offered individually or in one-line
+15-year lease to 2037 with (3) three further (10) ten year options to 2067
+Annual income of $424,176* + Outgoings & GST with fixed annual increases^
+Explorers Early Learning – Highly respected, leading private childcare provider specialising in the Victorian market with 22 centres in operation and further across their development pipeline
+Architecturally designed improvements of 832sqm*, with construction completion in late 2022
+Underlying landholding of 2,626sqm* with ample main road exposure (45m*)
Location
+Positioned within the City of Maroondah and well connected to multiple major arterials including Mount Dandenong Road and Maroondah Highway with immediate access to the Ringwood transport and retail precinct.
+The City of Maroondah forecasts continued population growth in coming years, with an estimated population of 36,100 by 2041
+Centre servicing catchment area inclusive of 8 major schools within a 3km* radius including Croydon Community School, Ainslie Parklands Primary, Dorset Primary school, Croydon Primary School, Sacred Heart Primary School, Croydon Hills Primary school, Village School & Yarra Road Primary School
For more information please contact CBRE’s National Healthcare & Social Infrastructure team below;
Sandro Peluso
0418 389 7...
Jimmy Tat
0439 399 1...
Marcello Caspani-Muto
0417 065 7...
^NOI is based on FY23 Vendor Outgoings Budget. Prospective purchasers should make their own enquiries. Figure is net of land tax & land tax is not recoverable. NOI is as at 31 March 2023.
Constructed with uncompromising standards amidst a back drop of rising development costs the subject property offers investors a stable long-term income stream significantly reduced early learning investment supply in the years to come.
Part of the Elite Early Education Collection comprising ten (10) premium childcare investments offered individually or in one-line
+15-year lease to 2037 with (3) three further (10) ten year options to 2067
+Annual income of $424,176* + Outgoings & GST with fixed annual increases^
+Explorers Early Learning – Highly respected, leading private childcare provider specialising in the Victorian market with 22 centres in operation and further across their development pipeline
+Architecturally designed improvements of 832sqm*, with construction completion in late 2022
+Underlying landholding of 2,626sqm* with ample main road exposure (45m*)
Location
+Positioned within the City of Maroondah and well connected to multiple major arterials including Mount Dandenong Road and Maroondah Highway with immediate access to the Ringwood transport and retail precinct.
+The City of Maroondah forecasts continued population growth in coming years, with an estimated population of 36,100 by 2041
+Centre servicing catchment area inclusive of 8 major schools within a 3km* radius including Croydon Community School, Ainslie Parklands Primary, Dorset Primary school, Croydon Primary School, Sacred Heart Primary School, Croydon Hills Primary school, Village School & Yarra Road Primary School
For more information please contact CBRE’s National Healthcare & Social Infrastructure team below;
Sandro Peluso
0418 389 7...
Jimmy Tat
0439 399 1...
Marcello Caspani-Muto
0417 065 7...
^NOI is based on FY23 Vendor Outgoings Budget. Prospective purchasers should make their own enquiries. Figure is net of land tax & land tax is not recoverable. NOI is as at 31 March 2023.
Explore property virtually
Virtual tours
Video
Croydon, 3136 demographic data
The median household income for Croydon is $1,615, 15% lower than Greater Melbourne's household income of $1,901. Croydon has an older age profile compared to the rest of Greater Melbourne (median age 39 vs 37). Property ownership data shows 52% of property owners in Croydon have a mortgage.
28,608
Population
$1,615 per week
Median household income
39 years
Median age
Owners
Most residents
Families
Most households
CBRE - MelbourneLevel 34, 8 Exhibition Street
MELBOURNE, VIC 3000
MELBOURNE, VIC 3000
More properties from CBRE - Melbourne
Other properties you might be interested in based on the location and property type you are looking at.
Contact Agent
10 Leith Road,Montrose, VIC 3765 252 m²Medical & Consulting • Shops & Retail • Development Sites & Land
Contact Agent
1/664 Mountain Highway,Bayswater, VIC 3153 269 m²Medical & Consulting • Offices • Other
Contact Agent
11 & 15 Kimberley Drive,Chirnside Park, VIC 3116 979 m²Medical & Consulting • Shops & Retail • Other