56 Thompsons Road 9,644 SF Retail Building Bulleen, VIC 3105 $7,880,400 ($817.09/SF)

This metropolitan childcare investment offers a rare opportunity within the established suburb of Bulleen. The property is secured by a 15-year head lease to Affinity Education Group, a national childcare operator ranked among Australia’s largest early education providers with over 250 centers nationwide and annual revenues exceeding $600 million. The lease features fixed annual rental growth of 3 percent, underpinned by corporate guarantees and a six-month bank guarantee, delivering stability and long-term income certainty.
Constructed in 2021, the facility spans three levels and accommodates 128 licensed places, providing significant depreciation benefits for investors. Positioned on a prominent site with over 50 meters of street frontage, the property has an estimated 30,000 vehicles passing daily. Bulleen offers an affluent residential catchment, supported by a median house price of approximately AUD 1.34 million, ensuring strong local demand for early education. The strategic location provides excellent connectivity, being near the Eastern Freeway and within walking distance to the upcoming North East Link infrastructure project, which will further enhance accessibility and area growth.
The childcare sector remains underpinned by essential service status, supported by substantial Federal and State funding, including a record AUD 16 billion allocation to childcare subsidies in the 2024/2025 Federal budget. This combination of long-term income security, quality improvements, and sustained sector demand positions the asset as a highly compelling investment.