Press Release
Rare childcare centre investment opportunity in Sydney’s Upper North Shore
Sydney
October 26, 2025
Media Contact
Senior Communications Specialist, Australia
The opportunity to acquire a childcare centre asset in Sydney’s Upper North Shore is expected to attract significant investor interest.
The property, located at 143–145 Pentecost Avenue in Turramurra, is secured with a long-term initial lease of 27 years, plus further options into 2056, to premium childcare provider Only About Children (OAC) which is owned by global education giant Bright Horizons.
CBRE’s Sandro Peluso, Marcello Caspani-Muto and Jimmy Tat as well as Michael Vanstone of Burgess Rawson from CBRE are managing the marketing of the property which is set to be sold via an International Expressions of Interest campaign.
Constructed in 2016, the Turramurra centre features an annual net income of $522,086 plus outgoings and GST.
Mr Caspani-Muto said in the past 24 months assets with an OAC lease were among the most sought after in the premium investment market.
“This is fundamentally the best childcare center marketed in 2025 across the country. The combination of a long-term lease to a global operator, land tax exemption, and a land-rich holding in a blue-chip suburb ticks all the boxes. Comparable sales suggest the underlying land alone is worth close to 70% of initial investment value, which is unheard of in the sector,” Mr Caspani-Muto added.
Mr Tat noted, noted the centre sits on a land area of 2,244sqm - more than double the size of most blocks within the suburb.
“Turramurra’s median house price has surged over 51% in the past five years alone, now sitting above $3.3 million. The property’s location is one of the most sought after by international capital who we expect will see this as a true trophy holding to add to their portfolio. Popularity of early learning offerings across the international buyer market in Sydney’s North Shore has always been substantial and we are confident this will be no exception,” Mr Tat added.
This Turramurra listing follows a string of benchmark results achieved in Victoria and New South Wales by the CBRE team ranging from $12.5 million to $18.5 million.
The International Expressions of Interest closes Wednesday 26th November 2025 at 2.00pm AEDT.
About CBRE Group, Inc.
CBRE Group, Inc. (NYSE:CBRE), a Fortune 500 and S&P 500 company headquartered in Dallas, is the world’s largest commercial real estate services and investment firm (based on 2024 revenue). The company has more than 140,000 employees (including Turner & Townsend employees) serving clients in more than 100 countries. CBRE serves clients through four business segments: Advisory (leasing, sales, debt origination, mortgage servicing, valuations); Building Operations & Experience (facilities management, property management, flex space & experience, digital infrastructure services); Project Management (program management, project management, cost consulting); Real Estate Investments (investment management, development). Please visit our website at www.cbre.com.