24 Scotsburn Grove, Werribee, Vic 3030

CBRE Australian Healthcare & Social Infrastructure are proud to exclusively present 24 Scotsburn Grove, Werribee (Explorers Early Learning). 

A brand synonymous with success, Explorers Early Learning represents one of Australia’s most desirable childcare tenants. With consistently strong occupancy levels and 27+ locations they are the tenant of choice for some of the country’s most astute investors and developers.

Constructed in 2024, this state-of-the-art facility sets a benchmark for quality across the Wyndham City Council Area. Designed to the highest standards, it stands as a flagship centre within the thriving Werribee community, offering cutting-edge amenities and an environment tailored for exceptional early learning experiences.

Rarely seen in early learning investments, the subject property is zoned Activity Centre. This enhances underlying land value and long-term growth potential with development potential of up to 5 storeys* as per independent planning advice.

Overview:

+Favourable Activity Centre zoning with underlying land area of 1,853sqm* and significant development potential of up to 5 levels* (STCA) as per independent town planning advice 

+Explorers Early Learning – highly respected private childcare provider with 27 centres in operation and further across the development pipeline

+Licensed for 132 long day care (LDC) places plus 25 dedicated parking spaces  

+Annual income of $435,072 + GST with fixed 3% annual increases 

+15-year initial lease term plus (2) two further (10) ten-year options to 2059

+Highly serviceable rent of $3,300 per place – well below market levels allowing future rental reversion and highly profitable tenant operations 

Location:

+Ideal public transport connectivity – Only 500m* from Werribee Train Station plus multiple bus stops within walking distance

+Strong underlying growth prospects – Werribee has seen it’s median price double over the past 10 years 

+Favourable demographic profile for long-term childcare success: 10%* of the population aged 0–4 (compared to Australian average of 5%*) 

+Strong population growth with a forecast increase of 60% over the next 20 years (15,000 new residential dwellings to be constructed)

+Moments from essential retail amenity, inclusive of Woolworths (0.6km*), Watton Plaza Arcade (0.7km*), Werribee Central (0.9km*), Bunnings (1.3km*), Coles (0.9km*), Aldi (1.4km*), Werribee Central (2.2km*) and more

+Immediate proximity to multiple primary and secondary educational facilities, including Werribee Primary School (1.5km*), Manorvale Primary School (2.1km*), MacKillop College (2.2km*), Thomas Chirnside Primary School (2.5km*), Westgrove Primary School (2.9km*), Warringa Park School (3.2km*) and more

To be sold via international expressions of interest closing on Wednesday 23rd July at 2:00pm (AEST)

For further information, please contact the exclusive sales and marketing agents:

Marcello Caspani-Muto
+61 417 065 777

Jimmy Tat
+61 439 399 118

Sandro Peluso
+61 418 389 757

approx*