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Bright Waves Swim School, 140 McMullen Road, Officer, VIC, 3809

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Bright Waves Swim School, 140 McMullen Road, Officer, VIC, 3809

Officer

Bright Waves Swim School, 140 McMullen Road, Officer, VIC, 3809
Properties / Buy / Victoria / Officer
Tenanted Investment
Selling Method
For Sale
Selling Details
Contact Agent
Land Area
1,128 m² (*approx)
Floor Area
549 m² (*approx)
Property Type
Health/Medical, Other, Retail
Est. Income
$380,000 p/a
Fully Leased
Bright Waves Swim School
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OFFICER FAMILY SERVICES HUB | ADJOINING CHILDCARE SYNERGY | BRAND NEW 14+5+5 NET LEASE TO ESTABLISHED, STATEWIDE SWIM SCHOOL OPERATOR
  • BRAND NEW BUILD
  • PROMINENT CORNER SITE
  • WITHIN 696-LOT RESIDENTIAL ESTATE

Jones Real Estate is pleased to exclusively offer Bright Waves Swim School Officer, 140 McMullen Road (Cnr. Brown Road), Officer, part of the "Officer Family Services Hub", For Sale via Deadline Private Sale closing Wednesday 14th October 2026 at 2pm (AEDT).

Positioned on a prominent dual-frontage corner allotment with 18 on-site car parks, this brand-new purpose-built aquatic centre is secured by an ultra-long 14-year net lease to established statewide operator Bright Waves Swim School in one of Melbourne's fastest-growing LGAs.

Directly embedded in YourLand's 696-lot Officer Fields Estate with over 2,000*^ homes within 1 km, the asset adjoins the brand-new Amiga Montessori Childcare across a 4,036 sqm* master corner - offering investors exceptional standalone or a rare in-one-line acquisition

Key highlights:

- Brand-New Purpose-Built Aquatic Facility: Substantial 1,128 sqm* Urban Growth Zoned freehold featuring a modern 549 sqm* indoor swim school, 18 on-site car spaces* with circa 60m* dual-street frontage.

- Rare 14+5+5 Year Lease Structure: Secure 14-year initial lease to 2040 plus two (2) 5-year options extending potential income to 2050.

- Returning $380,000 p.a. + GST, with fixed 3.0% annual increases and market reviews at Year 10 and each option renewal.

- Proven Multi-Site Aquatic Covenant: Leased to Bright Waves Swim School, a reputable Victorian operator with deep aquatic management expertise, backed by a 3-month bank guarantee and three (3) personal Director guarantees.

- High-Synergy Family Precinct: Direct co-location with Amiga Montessori creates a daily "single-destination" family hub, capturing shared 0–6 age demographic footfall and organic cross-referrals.

- Embedded in 2,000+ Home Catchment: Located in the 696-lot Officer Fields Estate, surrounded by Timbertop, Starling, and Arbor estates (~1,400+ homes), and 300m from St Margaret's Berwick Grammar.

- Booming South-Eastern Growth Corridor: Cardinia Shire's population is forecast to surge from 118,000+ to over 200,000 by 2041* (+53%), securing compounding long-term childcare demand.

*Approx.

^Estimated.

For further information regarding the opportunity, please contact the exclusive selling agents at Jones Real Estate.

Disclaimer: Sizes and dimensions described are approximate. Parties should not rely on the information contained within this summary; we recommend seeking professional advice before proceeding.

Remember to mention you found this property on CommercialReady

Read More
Tenanted Investment
Tenanted Investment

140 McMullen Road Investment Summary

Property Type
Health/Medical, Other, Retail
Est. Income
$380,000 p/a
Tenant
Bright Waves Swim School
Land Area
1,128 m² (*approx)
Floor Area
549 m² (*approx)
Selling Method
For Sale
DATAROOM AVAILABLE
Gain Access
Selling Details
Contact Agent

Investment Highlights

OFFICER FAMILY SERVICES HUB | ADJOINING CHILDCARE SYNERGY | BRAND NEW 14+5+5 NET LEASE TO ESTABLISHED, STATEWIDE SWIM SCHOOL OPERATOR
  • BRAND NEW BUILD
  • PROMINENT CORNER SITE
  • WITHIN 696-LOT RESIDENTIAL ESTATE

Jones Real Estate is pleased to exclusively offer Bright Waves Swim School Officer, 140 McMullen Road (Cnr. Brown Road), Officer, part of the "Officer Family Services Hub", For Sale via Deadline Private Sale closing Wednesday 14th October 2026 at 2pm (AEDT).

Positioned on a prominent dual-frontage corner allotment with 18 on-site car parks, this brand-new purpose-built aquatic centre is secured by an ultra-long 14-year net lease to established statewide operator Bright Waves Swim School in one of Melbourne's fastest-growing LGAs.

Directly embedded in YourLand's 696-lot Officer Fields Estate with over 2,000*^ homes within 1 km, the asset adjoins the brand-new Amiga Montessori Childcare across a 4,036 sqm* master corner - offering investors exceptional standalone or a rare in-one-line acquisition

Key highlights:

- Brand-New Purpose-Built Aquatic Facility: Substantial 1,128 sqm* Urban Growth Zoned freehold featuring a modern 549 sqm* indoor swim school, 18 on-site car spaces* with circa 60m* dual-street frontage.

- Rare 14+5+5 Year Lease Structure: Secure 14-year initial lease to 2040 plus two (2) 5-year options extending potential income to 2050.

- Returning $380,000 p.a. + GST, with fixed 3.0% annual increases and market reviews at Year 10 and each option renewal.

- Proven Multi-Site Aquatic Covenant: Leased to Bright Waves Swim School, a reputable Victorian operator with deep aquatic management expertise, backed by a 3-month bank guarantee and three (3) personal Director guarantees.

- High-Synergy Family Precinct: Direct co-location with Amiga Montessori creates a daily "single-destination" family hub, capturing shared 0–6 age demographic footfall and organic cross-referrals.

- Embedded in 2,000+ Home Catchment: Located in the 696-lot Officer Fields Estate, surrounded by Timbertop, Starling, and Arbor estates (~1,400+ homes), and 300m from St Margaret's Berwick Grammar.

- Booming South-Eastern Growth Corridor: Cardinia Shire's population is forecast to surge from 118,000+ to over 200,000 by 2041* (+53%), securing compounding long-term childcare demand.

*Approx.

^Estimated.

For further information regarding the opportunity, please contact the exclusive selling agents at Jones Real Estate.

Disclaimer: Sizes and dimensions described are approximate. Parties should not rely on the information contained within this summary; we recommend seeking professional advice before proceeding.

Remember to mention you found this property on CommercialReady

Read More
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Tenanted Investment
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Property Location of Bright Waves Swim School, 140 McMullen Road, Officer, VIC, 3809

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Officer Suburb Report About this data Demographic data is sourced from the Australian Bureau of Statistics (ABS) 2021 Census and reflect conditions at the time of collection.

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