89 Morris Rd 2,971 SF Retail Building Upwey, VIC 3158 $1,584,990 ($533.52/SF)

This boutique childcare investment offers a rare opportunity to secure a high-performing asset in the scenic Dandenong Ranges. The property is fully leased to an established operator, Dandenong Ranges Childcare, which has been serving the local community for nearly three decades. With a licensed capacity of 45 places, the single-level facility features multiple indoor playrooms and a generous outdoor play area, creating an environment tailored for early childhood education.
The investment is underpinned by a strong income profile, generating $128,044 per annum plus GST, with fixed annual increases of 4.5%. A secure long-term lease extends to 2030, with options through to 2040 (5x5x5 lease), ensuring consistent and predictable cash flow for years to come. The property benefits from its proximity to Upwey South Primary School and other key educational institutions, enhancing its appeal to families in the area.
Located within 1 km of Upwey’s main street and offering convenient access to Eastlink and the Monash Freeway, the site combines operational stability with excellent connectivity. With a landholding of 1,060 m², a building footprint of 276 m², and eight dedicated car parks, this asset represents a compelling opportunity for investors seeking a resilient, income-generating property in a tightly held sector.