84 Hull Road

Croydon VIC 3136

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 389 757

Jimmy Tat
0439 399 118

Marcello Caspani-Muto
0417 065 777

^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.