Opportunity to acquire high-demand childcare asset in Melbourne’s north

A brand-new childcare centre leased to Leading Edge Childcare in Melbourne’s high growth suburb of Wollert has been listed for sale.

The property, located at 230 Saltlake Boulevard, is being marketed by CBRE’s Australian Healthcare and Social Infrastructure team of Sandro Peluso, Jimmy Tat and Kai Wang.

Mr Peluso said the property, licensed for 80 children and secured with a new 10-year lease with options to 2065, was expected to attract investors in the sub $5 million range.

“Leading Edge Early Learning is a trusted and reputable boutique childcare provider with a strong presence in both Queensland and Victoria. With the lease secured with highly the serviceable terms, we expect the centre to perform well for decades to come,” he added.

Mr Tat noted the 2,239sqm corner property was strategically positioned near major residential and commercial developments which are expected to accommodate an additional 35,000 – 40,000 residents in the coming decades.

“This premium investment offers investors a secure, long-term income stream in a market facing a sharp decline in quality childcare centre supply. Compared to the average childcare demand ratio in Victoria, Wollert has a ratio of 6 to 1 so three is high demand for this service,” he added.

The Expressions of Interest campaign will close on April 10, 2025.