Point Cook Childcare Centre leased to ASX Listed G8 Education Continues CBRE’s Run of Early Learning Dominance11 November 2023
CBRE Australian Healthcare & Social Infrastructure are poised to continue their run of early learning success – with the upcoming sale of another G8 listed childcare center at 269 Point Cook Road, Point Cook. The center will again be marketed by Sandro Peluso, Jimmy Tat, and Marcello Caspani-Muto.
Currently operating as Greenwood ELC (subsidiary of G8 Education), the subject property is leased until 2033, plus further options through to 2048”. With a triple net lease structure, the subject property follows a string of successful sales from the CBRE business who currently hold an 70% market share for centres of $7,000,000 nationally. This listing follows the success of multiple childcare centre sales across Victoria, including the record-breaking sale of 117A Kooyong Road, Armadale.
“With construction costs still on the rise, the opportunity that 269 Point Cook Road presents to an investor is one of security, long-term viability, and within one of Australia’s most supported sectors.
Point Cook currently has the second-highest level of childcare demand in Victoria, and with a shortage of new centres being built, this centre fulfills all the criteria parents seek when selecting childcare for their children,” Mr. Peluso explained. Point Cook, a thriving Melbourne suburb, is gaining recognition as one of the city’s most promising and rapidly growing locations. This escalating demand for childcare services is driven by several key factors.
The suburb has witnessed a significant influx of residents, particularly young families attracted to its family-friendly environment and quality of life offerings. As more parents enter the workforce, the demand for reliable, professional childcare services has surged, making facilities like this one highly sought after.
“The high demand for childcare services in Point Cook presents a compelling opportunity for investors looking to secure assets in a thriving market. With Point Cook’s continued population growth and its status as one of Melbourne’s most up-and-coming locations, the childcare sector remains an attractive and resilient investment option,” Mr. Tat affirmed.
269 Point Cook Road, Point Cook, will be investors last opportunity to acquire an early learning investment in 2023 with the Expressions of Interest Campaign closing at the end of November.