Stonebridge is pleased to present ‘Imagine Childcare Coburg (Melbourne)’ for sale via Expressions of Interest closing Thursday 5 September at 3pm (AEST).

The asset has the following key investment features:

• Brand new 20 year net lease to 2044 plus options to 2054 with annual increases to the greater of CPI or 3%
• Imagine Childcare - Longstanding, nationally recognised childcare operator across 30+ centres
• Prominent 1,178 sqm* corner site improved by state-of-the-art centre offering huge depreciation benefits
• Refurbished in 2021, the immaculate 115 place centre includes 30 basement car parks, commercial grade kitchen, premium internal finishes and expansive playscape
• Ideal childcare location with four primary schools within 1 km,* servicing family suburbs Brunswick and Pascoe Vale
• Coburg - Established suburb only 8 km* to Melbourne CBD with population forecast to reach 186,400* by 2026
• Lease secured by Bank Guarantee equivalent of 6 months' rent + GST
• Net Income $572,500 pa* + GST

Please contact the exclusively appointed Stonebridge property professionals for more information.

*Approximately