84-90S Quarters Boulevard 8,590 SF Retail Building Cranbourne West, VIC 3977 $5,427,750 ($631.90/SF) 5.70% Cap Rate

This premium childcare investment presents a rare opportunity to secure a fully leased, purpose-built facility in one of Melbourne’s most dynamic south-eastern growth corridors. Strategically located within a robust residential catchment, the property offers strong market fundamentals with substantial landholding and secure tenure.
The property is fully leased to a reputable childcare operator under a secure 7 + 5 + 5-year lease, with the first expiry in September 2032. It generates an annual net income of $411,351 plus GST, supported by fixed 3% annual rental increases. With minimal landlord responsibilities, the asset offers a passive investment profile. Positioned within a high-growth corridor experiencing significant residential development, the property benefits from strong underlying land value and future development potential, supporting long-term capital growth.
The centre features a contemporary, industry-leading design that meets modern childcare standards, accommodating approximately 130 licensed places. Sitting on a generous 2,724 m² allotment, the asset provides both immediate income security and solid long-term capital value underpinned by significant land content.
This essential-services investment is backed by a long lease arrangement with an established operator, ensuring resilient cash flow. The Cranbourne West area continues to experience substantial population growth and housing development, supporting strong demand for childcare services well into the future.