CBRE Australian Healthcare & Social Infrastructure is poised to launch a longstanding childcare offering to the early learning market. Long operated by non-profit provider Melbourne City Mission the property is located at 123 Albion Street, Brunswick.

The centre is poised to launch in just over 1 weeks’ time and follows the recent success of a rooftop leasing campaign in Melbourne’s Moonee Ponds.

The current operator, Melbourne City Mission (MCM), operates two Early Learning Centers (ELCs) plans to exit the sector as they continue to focus more on services into creating new possibilities for children, young people and adults experiencing disadvantage, including homelessness, family violence, and mental health.

This shift is part of their service portfolio adjustment.

Hartnett House Children’s Centre has been in high demand, reflecting its strategic location and offering.

A longstanding and heritage-listed facility with a history spanning 100+ years, it has been well maintained with existing improvements dedicated to early learning and supplementary office plus staff spaces.

Located 7km north of Melbourne CBD in Brunswick, with an above-market median weekly income and a population growing at 3% annually, Is now ready for its next chapter.

The centre caters to 126 places, allowing plenty of room for any operator to create their own mark.

“The property showcases both old and new architectural features and desirable floorplan with plenty of additions space that can easily cater for top-tier childcare operators. In addition, thorough research and analysis of positive demographic indicators, proximity to community amenities and commercial precincts, has identified the areas is in need of quality childcare supply” Mr. Tat said.

“The subject centre is located in a catchment which has a strong immediate demand in additional to minimal modern and high-quality centre either in operation or the pipeline. Couple this with its location and ample parking” Mr. Peluso added. 

The centre will be launching For Lease via Expressions of Interest.

Related Readings

Brighton Childcare Centre sold by CBRE for $17.5m adds to Australia’s list of largest ever childcare transactions

CBRE Release 2024 Childcare Report – What asset class should investor consider to invest in?

CBRE lease city rooftop childcare centre along the famed St Kilda Road corridor