Burgess Rawson from CBRE is pleased to offer to the market Discovery Bay Early Learning, located at 197-199 Murrindal Drive, Rowville VIC, for sale via Private Treaty.

This opportunity has the following key investment highlights:

+ Fifteen (15) year net lease to June 2037.
+ Two (2) further ten (10) year options to 2057.
+ Discovery Bay Early Learning: premium ‘Montessori’ early education provider with a network of 5 locations across Melbourne.
+ Fixed 3% annual rent increases, ensuring rental growth.
+ Tenant pays all usual outgoings as per the lease.
+ Modern purpose-built centre licensed for 76 LDC places.
+ Established and long-standing trading centre since 1995.
+ Strategically 1,489sqm landholding adjoining Karoo Primary School (450+ enrolments) and situated in a favourable educational precinct, featuring an additional 10 schools within a 3km radius.^
+ Conveniently located within close proximity to major retail amenities, including major centres Rowville Lakes Shopping Centre, HomeCo Knoxfield, Wellington Village Shopping Centre and Stud Park Shopping Centre, anchored by national retailers including ALDI, Coles, Kmart, McDonald’s and Woolworths.
+ Rowville: established family-orientated suburb with excellent access to key retail, commercial and transport amenities, and located only 27km* from the Melbourne CBD.
+ Childcare/Early Education is an essential service asset class with both Federal & State Government’s allocating over $16 billion in funding for FY25, including $3.6 billion supporting wages and $1 billion to expand access in underserved areas.
+ Net Income: $264,084 pa* + GST

For Sale by Private Treaty.

Please contact the exclusively appointed team for more information.

* Approx
^ Gapmaps