130 Brossard Road, Mickleham, VIC, 3064

Aston are pleased to present 130 Brossard Road Mickleham for sale by Private Sale.

For investors moving capital out of office and retail, childcare offers something both sectors have lost: certainty. No vacancy risk from remote work. No turnover rent exposure to consumer spending. No incentive packages eroding the headline rent. Just a fixed 3% annual increase, underwritten by government subsidised demand for an essential service, for as long as the lease runs.

130 Brossard Road is a near new purpose built facility leased to One Early Education Group, an established operator with ten centres across Victoria, in the heart of one of Melbourne's fastest growing family catchments.

The evidence

Sixteen Victorian childcare transactions have settled in the past twelve months at yields from 5.0% to 6.9%, averaging 5.94%*. Comparable growth corridor assets on similar lease terms, Greenvale, Doreen and Wollert among them, have traded between 5.8% and 6.35%. Brossard Road's fourteen year nine month term and near new condition sit at the stronger end of that set.

The investment

• Annual net income of $460,200* + GST + outgoings

• Fixed 3% annual rental increases, reviewed automatically

• Brand new lease to One Early Education Group with a term of fourteen (14) years and nine (9) months from May 2026

• Three (3) further ten (10) year options extending through to 2071

• Established operator with ten (10) centres across Victoria

The asset

• Purpose built facility catering for children aged six (6) weeks to six (6) years

• Licensed for 118 children

• Completed in 2024, offering significant depreciation benefits

• Triple fronted landholding of 2,322m²*

The location

• Positioned within a high growth corridor forecast to grow in population by 44%* by 2046

• Directly opposite Botanical Village Shopping Centre anchored by Coles

• Surrounded by schools medical facilities and established residential amenity

For further information or to arrange a private inspection contact the exclusive sale team at Aston.

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