Just months after the largest ever childcare investment sale in Victorian history another centre is poised to hit the state’s early learning investment market with all the attributes to challenge for top spot.

Imagine Early Learning, Doncaster which is located on the corner of Doncaster Road and Lauer Street is poised for an International Expressions of Interest campaign launching September 29. The property, which reached construction completion in 2022, is one of the largest and most imposing childcare offerings in the state and is easily recognised by many in Victoria’s eastern suburbs for it’s premium multi-level improvements.

The subject property which is located moments from Westfield Doncaster Shopping Town along the suburbs Golden Mile is within a core commercial precinct including BMW, Mercedes Benz and Porsche car dealerships along with a substantial volume of additional retail and commercial amenity and surrounded by schools and young families.

Formally addressed as 1 Lauer Street, the subject property is leased to national operator Imagine Early Learning who feature over 26 centres across the country. The lease structure is triple net with the tenant paying all outgoings including maintenance (structural repairs and defects), insurances, rates, management fees and land tax (multiple holding basis) and all CAPEX.

The operator pays an annual rental of $939,750 on a new 15 Year Lease Plus Options to 2048. The centre has been developed on a corner allotment of close to 2,000sqm.

The property is being marketed by CBRE’s Australian Healthcare & Social Infrastructure team of Sandro Peluso, Marcello Caspani-Muto and Jimmy Tat. The same team just months ago set a Victorian record for the largest ever childcare transaction in state history in Armadale.

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Imagine Early Learning Doncaster for sale by CBRE’s Australian Healthcare & Social Infrastructure team of Sandro Peluso, Marcello Caspani-Muto and Jimmy Tat.