383 High Street, Lalor, VIC, 3075

Cushman & Wakefield is pleased to present 383 High Street, Lalor for sale - an established childcare investment combining substantial rental income, fixed annual rental growth and the security of a long-term lease.

Occupying a prominent corner landholding with incredible High Street exposure, this state-of-the art childcare centre is supported by an established operator, a strong local family catchment and convenient access to retail, transport and community amenities.

Key investment highlights include:

• Leased to Me for Kids Lalor Early Learning Centre, returning $401,020* per annum + GST + outgoings (including management fees).* An established childcare operator with a track record spanning almost a decade, Me for Kids has a strong Melbourne presence, with additional centres in Thomastown, Heathmont and Croydon.

• Significant corner landholding: A substantial 1,864 sqm* site with over 80 metres* of combined frontage, providing outstanding visibility and High Street exposure.

• A long 10-year lease in place with two (2) further options of ten (10) years each.

• Fixed annual rental increases of 3%, with lease security comprising a bank guarantee equivalent to six months’ rent* plus GST and a director’s guarantee.

• Completed in 2024, this purpose-built childcare facility accommodates 108 places across a building area of 530* sqm and features convenient on-site parking for 24 vehicles.

• Favourable childcare supply fundamentals: Lalor has an estimated 4.49* resident children aged 0–4 per approved long day care place, compared with approximately 1.9* across Greater Melbourne. This demand is supported by a strong local family catchment where an estimated 65.8%* of families have children.

• Positioned within an established family catchment, with six schools within a 2km* radius including within walking distance to Lalor Primary School, reinforcing the location’s education focus and convenience for families.

• Convenient transport and retail access: Positioned approximately 550 metres* from Lalor Station on the Mernda Line and 130 metres* from Lalor Shopping Centre.

• Just 17km north of Melbourne’s CBD, offering convenient access to the M80 Ring Road and Edgars Road.

For Sale by International Expressions of Interest closing Thursday 3rd December 2026 at 12pm (AEDT).

For more information, please contact the exclusive agents below.

Jack Cooper | +61 498 231 704

Angus Parnham | +61 424 961 895

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