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27 Livingstone Street, Ivanhoe, Vic 3079

27 Livingstone Street, Ivanhoe, Vic 3079

Medical/Consulting Retail Other

  • Sold Contact Agent
  • Wed 22-Dec-21

IVANHOE EDUCATION INVESTMENT – PART OF THE EXCLUSIVE EARLY LEARNING PORTFOLIO

  • 20-year lease + options to 2062
  • Premium operator Niño Early Learning
  • State-of-the-Art building of 777sqm*

  • Land Area
  • 1015.00 m² (approx)
  • Floor Area
  • 777 m²
  • Tenure Type
  • Tenanted Investment
  • Building
  • Whole
  • Last Updated
  • Jan 19, 2022

Additional Details


Interested in this property? Contact an Agent today

CBRE - Melbourne

Level 34, 8 Exhibition Street

Melbourne Vic 3000

Sandro Peluso, CBRE - Melbourne
Sandro Peluso
Marcello Caspani-Muto, CBRE - Melbourne
Marcello Caspani-Muto

IVANHOE EDUCATION INVESTMENT – PART OF THE EXCLUSIVE EARLY LEARNING PORTFOLIO

CBRE Australian Healthcare and Social Infrastructure is delighted to offer for sale 27 Livingstone Street, Ivanhoe. A premium freestanding education investment on a substantial corner landholding of 1,015sqm* with generous street frontage totalling 63m*.

OVERVIEW

+ Brand new and architecturally designed centre forecast for completion in February 2022 and constructed by Ruber Group with a 62 year history and 20+ centres built

+ Leased to Niño Early Learning Adventures (20 centres operational and in development) with a permit for 113 places

+ Annual income of $627,000 pa*+ GST and outgoings, plus 6-month bank guarantee

+ 20 year lease to 2042 with two (2) further ten (10) year options to 2062

+ Strategic 1,015 sqm* corner site, zoned General Residential with twenty-four (24) on-site car spaces

LOCATION

+ One of Victoria’s most desirable postcodes, Ivanhoe is borded by suburbs including Eaglemont and Kew, and is less than 10km* from the Melbourne CBD

+ Substantial historical median house price growth with Ivanhoe seeing a price increase of 49% in the past 5 years alone

+ Exceptional location

27 Livingstone Street, Ivanhoe, Vic 3079

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