An exceptional opportunity to secure a tightly held childcare freehold investment in one of Melbourne’s most sought-after eastern suburbs. Positioned on a prominent main road and leased to a proven operator, this asset offers long-term income stability, strong growth potential, and strategic upside.
- Blue-Chip Location: Situated in Bulleen, a prestigious suburb in Melbourne’s east, with strong demographics and enduring demand for quality childcare services.
- Purpose-Built Facility: 40-place long day care centre designed for operational efficiency and long-term durability.
- Generous Land Holding: 864 sqm site with high visibility and easy access on Manningham Road.
- Secure Lease Structure: 10-year lease with two further 10-year options, providing up to 30 years of potential income.
- Strong Rental Terms: Current rent of $150,818 + GST per annum, with annual 3% increases and market reviews at the start of each new term.
- Tenant-Funded Outgoings: All outgoings are paid by the tenant, enhancing net returns.
- Established Operator: Leased to Bulleen Kids — a trusted local provider with strong community ties.
- Infrastructure-Driven Growth: The upcoming North-East Link tunnel is set to boost connectivity and population growth, driving increased demand for childcare services in the area.
To request a detailed Information Memorandum, contact Celestine Eramo on 0408 111 383.
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