KinderPlay ELC, 303 Springvale Road (Cnr Wickham Avenue), Forest Hill

HIGH-EXPOSURE CORNER CHILDCARE INVESTMENT SECURED BY NEW DUAL-GUARANTEED LEASE AND UNDERPINNED BY STRONG SCHOOL CATCHMENT WITH 25K+ VEHICLES DAILY!

Jones Real Estate is proud to present KinderPlay ELC, 303 Springvale Road (Cnr Wickham Avenue), Forest Hill, to the market, For Sale via Deadline Private Sale closing Wednesday 13th May 2026 at 12.30pm (AEST).

This fully leased, purpose-built childcare investment in Melbourne’s tightly held eastern suburbs. Anchored by KinderPlay Early Learning Centre on a prominent 814 sqm* corner landholding delivers a secure highly serviceable income stream underpinned by fixed 3% annual growth, dual-layer tenant security, and strong underlying land value.

Childcare operators thrive in this environment – a family-rich catchment of 550+ children aged 0-4 years*, 7+ primary schools within 2.5 km* and a median house price of $1.2 million*, all hallmarks of a high-demand, high-retention precinct.

Key highlights of this investment include:

– Established tenant KinderPlay ELC who have been trading since 2018, reflecting strong operational commitment.

– Prominent 814 sqm* corner site with direct exposure to Springvale Road (25,000+ vehicles daily), offering outstanding visibility and strong underlying land value.

– Purpose built 26-place licensed facility with 8 on-site car spaces.

– Secured by a brand new 5-year renewed lease to 2031, delivering immediate income security with a passing net rent of $51,583 p.a. ($1,983 per place) + GST and fixed 3% annual growth.

– Strong dual security structure including a 3-month bank guarantee and personal guarantees from the directors, enhancing tenant covenant strength.

– Located in a tightly held residential precinct in Forest Hill (City of Whitehorse) – a family-rich catchment of 550+ children aged 0-4 years* and an above-average $1.2 million median house price*, driving sustained childcare demand.

– Surrounded by 7+ primary schools within 2.5 km*, underpinning strong ongoing need for quality early learning.

– Moments from Forest Hill Chase Shopping Centre, Aqualink Nunawading, local medical services and family-oriented retail and lifestyle amenity.

*Approx.

For further information or to arrange an inspection, 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.