(South East) Dandenong VIC 3175 - 1536 Heatherton Rd

Overview

Premium Childcare Investment: A Secure, High-Yield Asset in a High-Growth Corridor

Presenting a premier commercial investment opportunity: a brand-new, architecturally designed childcare centre strategically located at 1536 Heatherton Road, Dandenong. Secured by a 15-year initial lease to a leading national childcare operator, with two additional 10-year options, this property promises a stable and escalating income stream. The triple net lease structure ensures a hassle-free investment, with the tenant responsible for all outgoings. Positioned in a high-demand area with a significant undersupply of childcare places, and offering substantial tax depreciation benefits from its new construction, this asset is a rare opportunity for investors seeking long-term capital growth and reliable, passive returns.

Property & Investment Highlights:
- Lease Term: Secure 15-year net lease with two (2) further ten (10) year options, potentially extending to 35 years.
- Tenant: Leased to a top-tier national childcare operator with a professional management team.
- Income: Net annual income of $341,250 + GST + Outgoings, commencing May 2, 2025.
- Rent Reviews: Fixed 3.5% annual rent increases, guaranteeing consistent income growth.
- Outgoings: Tenant pays all outgoings, including Council Rates, Insurance, and Management Fees.
- Capacity: Approved for 91 long day care places, capitalizing on the area's high demand.
- Facility: Brand-new construction (completion May 2025) featuring modern facilities on a 1,652 sqm site with 20 on-site car parking spaces.
- Tax Benefits: Significant tax depreciation benefits available from the new construction.
- Management: Optional professional management by Heed Property for a truly passive investment experience (fees paid by tenant).

Location & Amenities:
- [Major Arterial] Prime corner location at the intersection of Heatherton Road and Dandenong Valley Highway, offering maximum exposure.
- [Freeway Access] Excellent connectivity with nearby access to major transport routes including the Monash Freeway (M1) and EastLink (M3).
- [Business Hub] Proximity to the Dandenong Central Business District and surrounding commercial/industrial precincts.
- [Shopping Centre] A short drive to Dandenong Plaza and other local retail hubs.
- [Community] Situated in a catchment area with a 3.45:1 ratio of children to available childcare places, indicating a critical undersupply.