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Value

$8.2m

Type

117-place child care centre

About the Project

This site was acquired in August 2017. It is located only 50m from the Maroondah Hospital in Grey St, which is becoming an emerging health precinct. There are bus and train services within walking distance and the Ringwood East village is 1km from the site. A permit has been obtained for a 117-place child care facility. An emerging national operator with several awards to their name has been secured for the site. The project is being undertaken in joint venture with Sydney based fund manager – Barwon Investment Partners.