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Commercial Property for Sale in Cranbourne West, VIC

Premium Child Care Investment Opportunity

6

Premium Child Care Investment Opportunity

84-90S, Quarters Boulevard, Cranbourne West, VIC, 3977
798 m²  | For Sale | Other
$6,850,000 - 7,500,000
2724 m²
798 m²
An outstanding opportunity to acquire a high-quality, leased child care centre located in one of Melbourne's fastest-growing south-eastern growth corridors. This secure investment offers strong income fundamentals, fixed annual rental growth, and a long lease to an established, quality operator. Property Highlights * Purpose-built child care centre on a substantial landholding * Land Area: 2,724 sqm (approx.) * Approx. 130 licensed child care places * Modern, industry-leading design and construction * Strategically positioned within a high-growth residential catchment Lease & Income Details * Tenant: Established and reputable child care operator * Lease Term: 7 + 5 + 5 years * First Term Expiry: 30 September 2032 * Annual Rental: $411,351 + GST per annum * Rent Reviews: Fixed 3% annual increases (every October) * Land Tax: $13,900.50 per annum (owner payable) Tenant Outgoings * Water: Approx. $750 per quarter * Council Rates: $6,096 per quarter * Insurance: $6,404 per annum Investment Highlights * ROI: 5.7% * Long-term lease providing secure, predictable income * Fixed annual rental growth offering built-in income escalation * Essential-services asset class supported by strong government funding * Located in a proven, high-growth south-east Melbourne corridor * Significant underlying land value with future upside * Attractive passive investment with minimal landlord responsibilities