Blue-chip child care centre poised to peak leading operator engagements


Blue-chip child care centre poised to peak leading operator engagements

Coming Soon - 760 Toorak Road, Hawthorn

Melbourne, September 4 – The newest child care centre in Melbourne’s inner east is poised to hit the national leasing market in the coming weeks and will certainly make it’s mark on the surrounding skyline. 

760 Toorak Road, Hawthorn is positioned moments from one of the highest exposure and trafficked locations in Melbourne’s inner east with the centre expected to capture demand from some of the countries most sought after postcodes including, Hawthorn/Armadale & Glen Iris. 

Being marketed by CBRE’s Healthcare & Social Infrastructure team comprising Sandro Peluso, Marcello Caspani-Muto and Jimmy Tat the subject property has been expertly designed by leading child care and commercial firm Architecton. 

Mr Peluso said “With a planning permit for 96 places the centre will sit within what is a sweat spot for a number of experienced providers. We consistently see centres  of 120 places being built and designed and these work well. However more consistently we are hearing providers state anything from 90 to 100 places can also work well subject to their location. This maximises their ability to provide quality care in an efficient manor. 

“The property will be a landmark centre and one of the highest quality upon completion so will suit the area well. As such it is key the developer partners with the right operator who will provide the up-market quality of care expected from residents of the area and it’s surronds.” Peluso added

Marcello Caspani-Muto added “The location is terrific and will benefit immediately from residents and employees of the Tooronga Village shopping centre and Coles head office. In addition the exposure on offer is unrivaled and the centre will be seen from every direction so native market capacity is strong.”

The opportunity is being offered for lease via expressions of interest closing on Thursday 7th October by the agency who have leased three additional early learning centres in 2021 across Bentleigh, Glen Waverlery and Rosebud.

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