418 & 1/420 Nepean Highway, Parkdale VIC 3195

Features:

Prime Childcare Development Opportunity

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.

1. 130m to Parkdale Plaza
2. 600m to Parkdale Train Station
3. 300m to Parkdale Primary School
4. 1.8km to Moorabbin Airport
5. 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:

1. 7 playrooms
2. Piazza and outdoor play areas
3. 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 or wendy@aslre.com.au for a copy of the information memorandum.

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