The opportunity to gain a foothold in Australia's economically-prioritised early learning sector is on offer through CBRE. 

A childcare centre at 138 Hoffman’s Road, Essendon, is being marketed by CBRE’s Healthcare & Social Infrastructure team of Sandro Peluso, Josh Twelftree, Jimmy Tat and Marcello Caspani-Muto.

The 804sqm facility first commenced operation in 2010 and has a recently renewed 10-year lease (plus options) with Guardian Early Learning, which is owned by Swiss private equity firm Partners Group.

At a glance: 

• A childcare centre at 138 Hoffman’s Road, Essendon is for sale through CBRE’s Healthcare & Social Infrastructure team of Sandro Peluso, Josh Twelftree, Jimmy Tat and Marcello Caspani-Muto.
• The 804sqm facility first commenced operation in 2010 and has a recently renewed 10-year lease (plus options) with Guardian Early Learning, which is owned by Swiss private equity firm Partners Group.
• The centre is For Sale via Tender closing on Thursday, October 29.

Source: CBRE 

Mr Peluso said the provider benefitted from a strong reputation amongst owners and investors alike.

“Guardian is one of the country’s most sought after childcare covenants, given its premium and up-market service offering," he said.

The campaign for the facility follows CBRE’s successful sales of 282-288 Geelong Road, West Footscray and 82 Ferntree Gully Road Oakleigh East already so far this year.

Source: CBRE

Mr Twelftree said the federal government’s substantial financial backing of the sector in the form of the Early Childhood Education and Care Relief package announced in April had re-enforced investor confidence in the asset class.

“If the Australian Government is willing to invest in the space, even during a time of economic crisis, it’s a clear indicator of its ongoing commitment to supporting childcare,” he said.

Source: CBRE 

“It highlights how important the childcare sector is to the Australian economy, with a number of studies even pushing for a further increase in sector support to help restart the economy.”

The childcare centre at 138 Hoffman’s Road, Essendon is For Sale via Tender closing on Thursday, October 29.

Click here to view the listing.

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