470 Dandenong Road, Caulfield North, VIC, 3161

CBRE Australian Healthcare & Social Infrastructure are pleased to exclusively present for sale 470 Dandenong Road, Caulfield North. Just 8km* from the Melbourne CBD, this trophy childcare centre features prime placement in one of Melbourne’s prestigious suburbs, Caulfield North.

Purpose-built to the highest standard, the three-storey centre is leased to Guardian Childcare & Education, one of Australia’s largest operators with over 180 centres nationally and backed by global investment giant Partners Group. The asset offers a long lease with rare fixed 4% annual increases.

Positioned in a tightly held and affluent catchment, surrounded elite schools, major retail and medical amenities, the property enjoys unbeatable exposure to 60,000 passing vehicles daily and exceptional transport connectivity. This investment combines location, covenant strength, and long-term security – delivering all the key fundamentals for a blue-chip education investment.

Overview:

+ Leased to Guardian Childcare & Education with 180+ centres across Australia and backed by Partners Group a leading Swiss investment firm active in over 550 private markets with AUD $225.6 billion in assets under management (https://www.partnersgroup.com/)

+ Immaculately designed, state-of-the-art childcare centre on a substantial 1,191 sqm* landholding, with 29 secure basement car parks.

+ Prominent frontage to Dandenong Road, one of Melbourne’s busiest arterial thoroughfares with approx. 60,000 vehicles passing daily, and just 2 minutes* to Glenferrie Road – one of Victoria’s most renowned retail strips.

+ Licensed for 131 long day care (LDC) places

+ Annual Income of $ 857,688 + GST with highly sought-after fixed 4% annual increase

+ 15-year initial lease term plus (2) two further (10) ten-year options to 2051

Location:

+ Just 8km* southeast of Melbourne CBD with direct drop-off access from Dandenong Road.

+ High barriers to entry for new childcare services in the catchment due to restrictive planning and scarce land availability in Caulfield North. No new DA-approved childcare centres within 2km (as of Oct 2025)

+ Situated adjacent to Malvern and Armadale, two of Melbourne’s most prestigious suburbs with median house prices exceeding $2.4 million

+ Located within the City of Glen Eira, forecast to grow by 35% to 200,000* residents over the next 15 years. Council has also committed $360m in capital infrastructure projects between 2025–2035

+ Only 4 mins from Caufield Junior College and proximity to 10+ education facilities within 3km including Melbourne Grammer School (1.4km*), Lauriston Girl School (1.7m*), Armadale Primary School (1.7km*), Lady of Lourdes Primary School (1.7km*), St Joseph Primary School (1.8km*), Malvern Central School (2.1km*), St Mary Primary School (2.4km*), Ripponlea Primary School (2.5km*), Caufield Grammer School (2.6km*) and more

+ 1km* from Glenferrie Road retail precinct and moments from other essential medical and retail amenities inclusive of Malvern Central (1km*), Chemist Warehouse Malvern (1.2km*), Woolworth Malvern (1km*), Coles Malvern (1.4km*), Woolworth Caulfield North (1.3km*), Cabrini Private Hospital (1.7km), IGA Caufield North (1.7km*) and more

+ Tram stops at doorstep (Matlock Ct/Dandenong Rd), multiple other tram lines within 200m*, and easy access to Malvern, Armadale, and Toorak train stations (all within 1.8km*)

The Property is being offered as part of the Guardian Collection for sale via expressions of interest individually or in-one-line closing Thursday 27th November at 2:00pm (AEDT)

Sandro Peluso

+61 418 389 757

Jimmy Tat

+61 439 399 118

Marcello Caspani-Muto

+61 417 065 777

approx*

^ Does not necessarily encompass every possible cost incurred.

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