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Permitted 96- Place Childcare Centre for Lease Assignment

1071-1073 High Street, RESERVOIR VIC 3073

•Brand new centre, ready to occupy in approximately September 2025.

•Be the first operator to run a business in this purpose-built facility, located in a strong market area and opening soon.

•High Demand Area: Located in the middle of the undersupplied Reservoir – North-West and Nort-East catchment areas, which have a combined total of 1,513 children aged under 5 and only 242 long day care places. This translates to a ratio of 6.3 children aged under 5 per LDC spot.

•Fee in the Area: High average daily fee of $155, with rates reaching up to $163 per child per day.

•High Exposure Site: Enjoy the benefits of its strategic, high-exposure location on High Street, with 27,000 cars passing daily and positioned directly opposite Keon Park Train Station.

•Proximity to Schools: Located within close proximity to around 20 primary and secondary schools within a 3-km radius, with the nearest just a 2-minute drive*, ideal for families with school-aged children.

•Great Connectivity: Well-connected by public transport, the centre is close to multiple bus stops and train stations, including Keon Park Station, which is less than 400m* away, ensuring easy and convenient access for families and staff.

•Close to Housing Estates: Surrounded by growing residential communities, including several townhouse estate developments delivering over 270 new dwellings, supporting future enrolment growth and long-term viability.

•About the Centre: The building features 5 dedicated child rooms, a reception area, a designated admin office, children’s WCs, storage, a staff/planning room, a fully equipped kitchen, and a laundry area.

•Land Size: 1,728 sqm*

*Approximately

By Expressions of Interest, closing Thursday 4th September 2025 at 4pm unless leased prior.

For more information, please contact Wendy Zhou at 0422 011 188 or Jasmine Li on 0499 115 330 to receive a detailed information memorandum.

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Property Features
  • Childcare
  • Land is 1,728 m²
  • Floor Area is 1,728 m²

Inspection Times

No inspections are scheduled at this time.

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