Invest in an essential and growing industry.
Avondale Heights Property Pty Ltd is leading the development of an 84-place childcare centre at 338 Milleara Rd, Avondale Heights, located next to St Martin de Porres Parish School and Milleara Shopping Centre.
We seek to raise $500,000 to fund the next development stage, covering land purchase, professional fees, and construction.
Investors can expect a targeted pre-tax return of up to 16% per annum, with project completion in approximately 15 months.
THE OPPORTUNITY
In 2021, there were 792 couples with young children in Avondale Heights, comprising 17.0% of households.
Demand
Supporting the modern family.
According to the Australian Bureau of Statistics, the proportion of full-time working mothers in couple families with children under five increased from 17% in 2009 to 24% in 2019. Additionally, in 2021, 69% of couple mothers and 54% of single mothers were employed, highlighting the ongoing need for accessible childcare (AIFS, 2021)
Location
Experienced operators.
Avondale Heights, a suburb of Melbourne is situated 11 km from Melbourne’s Central Business District. The Project, Avondale Heights Childcare, is located on a corner block with street frontage off a main road within the area. It is positioned 250m from St Martin de Porres Parish School (289 students) and within minutes’ drive from Milleara Shopping Centre (19 shops). The site is easily accessed on St Raphael St just off Milleara Rd (27,000 cars daily) and is well serviced by public transport.
Interest
The next growing suburb.
An offer to lease has been received by an established childcare operator, totalling income to approximately $400,000+GST excluding outgoings per annum. The exit strategy for the centre will be by sale through one or several leading commercial childcare sales agents after completion.
CONNECT WITH US