Strategic Childcare Investment in High-Growth Corridor | Long Net Lease + Options to 2060
Description
CBRE is pleased to offer to the market Child’s Play ELC, located at 121 Callaway Street, Mambourin VIC, for sale via Expression of Interest (EOI), closing Thursday 12th March 2026 at 3:00 pm (AEDT).
This opportunity has the following key investment highlights:
+ Brand new fourteen (14) years eleven (11) months net lease to Child’s Play ELC to 2040.
+ Two (2) further ten (10) year options to 2060.
+ Child’s Play ELC: boutique early education provider with a network of 8 locations and growing across Melbourne.
+ Tenant pays all usual outgoings.
+ Fixed 3% annual rent increases, ensuring consistent rental growth, with market reviews at the commencement of each option term.
+ Modern 1,086 sqm* childcare facility, licensed for 134 LDC places with 29 on-title car spaces.
+ Brand new construction (completed in 2025), offering outstanding depreciation benefits
+ Substantial 3,080 sqm* corner landholding with triple street frontage site only 350m* from Laa Yulta Primary School (opened in 2024) with a further 7 schools within a 3km* radius.^
+ Strategic location with direct access to Wyndham Vale Square Shopping Centre (1.2km*) and within close proximity to Manor Lakes Central (2km*) and Harpley Town Centre(3km), anchored by national tenants, including ALDI, Bunnings, Coles, Hungry Jack’s, KFC, McDonald’s and Woolworths.^
+ Mambourin: a rapid-growth family-friendly suburb only 32km* from Melbourne CBD.^
+ City of Wyndham: one of Australia’s fastest growing municipalities, with an anticipated 43% population increase, reaching 475,000+ residents by 2046, and over 75% of the population comprises families with children.^^
+ Childcare/Early Education is an essential service asset class with both the Federal and State Governments allocating over $16 billion in funding for FY25, including $3.6 billion to support wages and $1 billion to expand access in underserved areas.
+ 3-day guarantee for childcare introduced on 5th January 2026, expected to boost overall affordability and accessibility for childcare throughout Australia.
+ Net Income: $ 540,700 pa* + GST
For Sale by Express of Interest (EOI)
Closing Thursday, 12th March 2026 at 3:00 pm (AEDT)
Please contact the exclusively appointed team for more information.
* Approx
^ Gapmaps
^^ Forecast.Id
Enquire
Contact agents
Jing Jun Heng
0411 059 116
Marcello Caspani-Muto Director
0417 065 777
Natalie Couper Senior Director
0413 856 983Enquiry Form
Mambourin, VIC
121 Callaway Street
For Sale by Expression of Interest
This property is part of Portfolio 182
Price: Contact Agent
Contact agents
-
Jing Jun Heng
0411 059 116 -
Marcello Caspani-Muto Director
0417 065 777 -
Natalie Couper Senior Director
0413 856 983