CBRE & IB Property are pleased to present 108 Parraweena Road, Miranda (Sydney), a premium freestanding commercial investment. This freehold asset, anchored by a long-term net lease to national childcare provider Story House Early Learning, offers an attractive yield and long-term security within a key Sydney growth corridor, and is available for sale via Expressions of Interest.

Key Investment Highlights:

+ Anchored by 15-year net lease to 2034 plus options to Story House Early Learning: leading national childcare provider with 55+ centres
+ Fixed annual rent reviews up to 4%, compounding for long-term growth
+ Easily managed modern freehold investment with recovery of outgoings as per the leases, including rates, lift maintenance, insurance and general repairs & maintenance
+ Long 5.6 year WALE
+ Three-level freestanding 1,802* sqm (NLA) commercial building plus underground parking for 55 cars
+ Strategically positioned within Miranda/Taren Point large format precinct opposite Ritchie’s IGA; near Tesla, BMW, Bunnings, Beacon Lighting, Harvey Norman and Westfield
+ Thriving education hub: just 650m* from Endeavour Sports High School, with 21 schools & 10,200+ pupils within a 3km catchment
+ Miranda is a high-growth suburb with a population projected to expand 12%¹ by 2036
+ Sutherland Shire Council is rapidly evolving, underpinned by more than $2billion in residential building approvals since 2023¹
+ Net Income: $929,438 pa* + GST

Government-Underpinned Investment:
Childcare is an essential service asset class that enjoys bipartisan Federal and State Government support. The sector is underpinned by over $16 billion in Federal funding (FY25/26) to ensure that every child has access to at least 3 days per week of subsidised early education and care. The Government has also allocated a further $3.6 billion for educator wage increases — strengthening the tenant’s operational stability².

To be sold by Expressions of Interest
Closing 4:00pm (AEDT) Wednesday, 24 June 2026

For more information on this anchored childcare investment, contact CBRE & IB Property, your exclusive sales team.

*Approx
1 Forecast ID
2. Australian Government Productivity Commission website