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CBRE - VIC

Child’s Play ELC, 121 Callaway Street Mambourin, VIC 3024

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Child’s Play ELC, 121 Callaway Street,
Mambourin, VIC 3024

Medical & Consulting • Shops & Retail • Other
Added 5 days ago

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CBRE - VIC
Natalie Couper
Marcello Caspani-Muto
Jing Jun Heng 王敬君

CBRE - VIC

Level 34, 8 Exhibition Street
MELBOURNE, VIC 3000
CBRE - VIC
Child’s Play ELC, 121 Callaway Street
Mambourin, VIC 3024

Map of Child’s Play ELC, 121 Callaway Street

Directions
  • Train stations within 5 km of Child’s Play ELC, 121 Callaway Street, Mambourin, VIC 3024Distance
    Wyndham Vale StationArmstrong Rd2.2 km
    POWERED BY HERE ©
  • Bus stops within 5 km of Child’s Play ELC, 121 Callaway Street, Mambourin, VIC 3024Distance
    Manor Lakes CollegeManor Lakes BVD1.5 km
    Arrowhead St/Manor Lakes BVD (Wyndham Vale)1.5 km
    Manor Lakes CollegeMinindee Rd1.5 km
    Wyndham Vale Square SCGreens Rd Wyndham Vale1.5 km
    Condamine AveManor Lakes BVD1.7 km
    POWERED BY HERE ©
POWERED BY HERE ©

Strategic Childcare Investment in High-Growth Corridor | Long Net Lease + Options to 2060

  • New 14 years 11 months net lease to 2040
  • Fixed 3% annual rent increases
  • Substantial 3,086sqm* corner site
CBRE is pleased to offer to the market Child’s Play ELC, located at 121 Callaway Street, Mambourin VIC, for sale via Expression of Interest (EOI), closing Thursday 12th March 2026 at 3:00 pm (AEDT).

This opportunity has the following key investment highlights:

+ Brand new fourteen (14) years eleven (11) months net lease to Child’s Play ELC to 2040.
+ Two (2) further ten (10) year options to 2060.
+ Child’s Play ELC: boutique early education provider with a network of 8 locations and growing across Melbourne.
+ Tenant pays all usual outgoings.
+ Fixed 3% annual rent increases, ensuring consistent rental growth, with market reviews at the commencement of each option term.
+ Modern 1,086 sqm* childcare facility, licensed for 134 LDC places with 29 on-title car spaces.
+ Brand new construction (completed in 2025), offering outstanding depreciation benefits
+ Substantial 3,080 sqm* corner landholding with triple street frontage site only 350m* from Laa Yulta Primary School (opened in 2024) with a further 7 schools within a 3km* radius.^
+ Strategic location with direct access to Wyndham Vale Square Shopping Centre (1.2km*) and within close proximity to Manor Lakes Central (2km*) and Harpley Town Centre(3km), anchored by national tenants, including ALDI, Bunnings, Coles, Hungry Jack’s, KFC, McDonald’s and Woolworths.^
+ Mambourin: a rapid-growth family-friendly suburb only 32km* from Melbourne CBD.^
+ City of Wyndham: one of Australia’s fastest growing municipalities, with an anticipated 43% population increase, reaching 475,000+ residents by 2046, and over 75% of the population comprises families with children.^^
+ Childcare/Early Education is an essential service asset class with both the Federal and State Governments allocating over $16 billion in funding for FY25, including $3.6 billion to support wages and $1 billion to expand access in underserved areas.
+ 3-day guarantee for childcare introduced on 5th January 2026, expected to boost overall affordability and accessibility for childcare throughout Australia.
+ Net Income: $ 540,700 pa* + GST

For Sale by Express of Interest (EOI)
Closing Thursday, 12th March 2026 at 3:00 pm (AEDT)

Please contact the exclusively appointed team for more information.

* Approx
^ Gapmaps
^^ Forecast.Id

Mambourin, 3024 demographic data

The median household income for Mambourin is $2,359, 24% higher than Greater Melbourne's household income of $1,901. Mambourin has a younger age profile compared to the rest of Greater Melbourne (median age 30 vs 37). Property ownership data shows 100% of property owners in Mambourin have a mortgage.

315
Population
$2,359 per week
Median household income
30 years
Median age
Owners
Most residents
Families
Most households

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