Features:
Prime Childcare Development Opportunity
- Permitted 158 place childcare centre for sale (potential to grow to full capacity). Tenant plans to convert one room into a piazza, initially accommodating 134 places.
- Impressive Rental Income: Annual rent of $569,500 plus GST with a 3% annual increase.
- Long-Term Lease: Secure lease terms of 10+10+10 years.
- Tenant Profile: A highly respected operator with an existing centre in Bon Beach near 100% occupancy, seeking to expand their portfolio and community presence.
- Size and Capacity: 158-place permitted childcare development site, tenanted by an experienced and reputable operator.
- Shovel-Ready Project: Includes approved planning permits and building permit in the sale price. Landlord to complete all pre-construction preparations.
- High Demand Area: There are 1,923 children aged under 5 in the area. This represents a ratio of 3.09 children under 5 per long day care place.
- Prime Location: Exceptional street frontage on the bustling Nepean Highway, with approximately 54,000 cars passing daily.
- 130m to Parkdale Plaza
- 600m to Parkdale Train Station
- 300m to Parkdale Primary School
- 1.8km to Moorabbin Airport
- 2.5km to Mentone Grammar School
- Educational Hub: Located within a thriving school precinct, with 12 schools within 2km hosting a combined 9,396 enrolled students.
- Proximity to New Developments: Adjacent to the recently completed Topaz Estate, featuring 22 luxury townhouses.
- Purpose-Built Facility: Plans for a two-storey, purpose-built childcare centre on a 1,509m² site, featuring:
- 7 playrooms
- Piazza and outdoor play areas
- 32 on-site parking spaces
This is a rare and exceptional investment opportunity in a high-demand location. Act now to secure this incredible asset!
Private Treaty Contact Agent
Contact Wendy Zhou on 0422 011 188 for a copy of the information memorandum.
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