4-6 Janine Road, SPRINGVALE SOUTH VIC 3172

Childcare Freehold Investment

Tenanted Childcare Freehold Investment

• Brand new tenanted Childcare with 100 places
• Excellent rental at $300,000 per annum plus GST
• Fixed annual rental increases at 3.5%. Market reviews at the commencement of
each term
• Lease term: 10 years + 10 + 10
• Directly next to Keysborough College Banksia with more than 1,800 students
enrolled
• Tenant is a local operator with a strong management team
• As of 2021, the median age in the Noble Park-West catchment was 36 years of age
• In a schools precinct with 12 schools located within a 2km radius and more than
6,400 students between them
• Noble Park Plaza Shopping Centre is 1.4km away with a Coles, Chemist Warehouse
and other major tenants
• Noble Park Train Station is only 1.6km away
• Conveniently close to Heatherton Road & Springvale Road, both within 950m
and close to the busy intersection where Eastlink (M3), Heatherton Road & Princes
Highway meet
• The 2021 population within 3km of the centre was 76,453 people. By 2031, this is
projected to grow to 86,590 people, an increase of almost 10,000 residents
• The centre falls into the Noble Park West childcare catchment where demand is 5.4
children per place
• Building area: 1,065 sqm (approx.)
• Land size: 1,312 sqm (approx.)

For Sale

Contact Wendy Zhou 0422 011 188 for a copy of the information memorandum.

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Inspection Times

No inspections are scheduled at this time.