144 Wollahra Rise 17,814 SF Retail Building Wyndham Vale, VIC 3024 $3,602,250 ($202.21/SF) 5.46% Cap Rate

This newly constructed, tenanted childcare investment offers a rare opportunity to secure a long-term income stream in Melbourne’s thriving western growth corridor. Completed in January 2026, the single-level facility accommodates 78 licensed childcare places and is backed by a highly experienced operator with a strong presence across Melbourne’s western suburbs.
The property is underpinned by a secure 10-year lease with two additional 10-year options, generating $273,000 per annum plus GST, with fixed annual increases of 3.5%. This structure provides investors with predictable income growth and substantial depreciation benefits from a brand-new build.
Strategically positioned in Wyndham Vale, one of Victoria’s fastest-growing residential areas, the asset benefits from exceptional demand drivers. The surrounding catchment includes 21 active housing estates and a projected population increase of 180% by 2046. The property sits within an established education hub, with 18 schools and TAFE colleges within 3 km, and serves a childcare market where daily fees reach up to $180 per child.
Excellent connectivity via Princes Freeway (M1) ensures fast access to Melbourne CBD, while strong local demographics, including 12,671 children aged 0–4 within a 5 km radius, reinforce the long-term viability of this investment.