Property Description

Positioned in a prominent, high-exposure location, 171–173 Military Road presents an exceptional investment opportunity in the thriving heart of Avondale Heights. Offering outstanding accessibility along one of the area’s major thoroughfares, this substantial freehold property is perfectly suited to investors seeking a secure, long-term asset with a quality tenant already in place.

The property is securely leased to Little Stars Early Education Centre, a well-established childcare provider servicing the growing local community. This strong tenancy delivers an immediate annual income of approximately $240,000 plus GST, with attractive 3% annual increases, providing investors with reliable and steadily growing returns.

The lease structure offers outstanding long-term security with a 10 + 10 + 10 year term commencing from 7 July 2020, enhancing the property’s appeal as a stable, income-producing investment.

Set on a substantial landholding with commanding street presence, the property enjoys a strategic position surrounded by established residential neighbourhoods, schools, parklands, and major transport connections — all key drivers supporting continued demand for quality childcare services in the area.

With Melbourne’s north-west continuing to experience strong population growth and increasing demand for premium childcare facilities, this is a rare opportunity to secure a blue-chip investment asset in one of the region’s most tightly held and sought-after locations.

Combining prime exposure, a secure long-term lease, quality tenant covenant, and excellent future growth potential, 171–173 Military Road represents an outstanding addition to any investment portfolio.

For a private inspection or further information, contact Dannie Tran on 0413 778 119.

Property Details

Land Size

Car Spaces

1072.0 m2

0

Property Type

Property Status

Other

For Sale

Address

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