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74-78 Paperbark St 8,697 SF of Retail Space Available in Doveton, VIC 3177
Highlights
- Permit approved for 115 childcare places.
- Located in an undersupplied childcare market with demand outweighing supply by nearly 4:1.
- Strong demographic base with significant projected population growth within the City of Casey.
- Architecturally designed by Jesse Ant Architects for functionality and compliance.
- Close to schools and educational institutions, reinforcing steady enrolment pipelines.
- Forecast completion of the project is Q2 2027, ensuring time for pre-leasing and operational setup.
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| Ground | 8,697 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | TBD |
Ground
74-78 Paperbark Street presents an exceptional childcare leasing opportunity in a high-demand location within Doveton. This site comes with full planning and building permits approved for a well-designed centre catering to 115 licensed places, responding to significant undersupply in the catchment. The strategic location is set within a family-oriented suburb, neighboring Holy Family Primary School (approx. 1.2 km away) and within close proximity to 12 other primary and secondary schools servicing over 8,000 students within a 3 km radius. The City of Casey, under which this property falls, is one of Australia’s fastest-growing municipalities, supported by a $1.1 billion capital works program aimed at infrastructure and community development. With an exceptional demand ratio of 3.9 eligible children per licensed childcare place, strong population growth, and local fee levels exceeding $150 per day, this centre is positioned for sustainable long-term operations.
- Corner Space
- Yard
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
Property Facts
| Total Space Available | 8,697 SF | Property Subtype | Day Care Center |
| Property Type | Retail | Gross Leasable Area | 8,697 SF |
| Total Space Available | 8,697 SF |
| Property Type | Retail |
| Property Subtype | Day Care Center |
| Gross Leasable Area | 8,697 SF |
About the Property
This property comprises a high-capacity childcare facility located in a growth precinct, offering a rare leasing opportunity for experienced operators. Market fundamentals and local planning initiatives support strong occupancy potential and long-term viability given current undersupply conditions.
- Corner Lot
- Fenced Lot
- Signage
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74-78 Paperbark St
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