Description

32 Walkers Road, Lara VIC 3212

A rare opportunity to secure a fully approved childcare development site in one of Victoria’s most family-friendly and rapidly expanding growth corridors.

Prime Location:
• Just 600m from Lara Railway Station
• Opposite a medical centre and 400m from the local market
• Close to schools and education facilities, supporting strong enrolments
• Only 50 minutes to Melbourne and 15 minutes to Geelong via Princes Freeway
• Approved Development:
• Council-approved plans & permits for 70 places
• Zoned GRZ4 – Childcare suitable
• Beautiful-level design – cost-effective build
• Operating hours approved: 6:30am – 6:30pm
• Permit validity: 4 years from issue date
• Demographic Advantage:
• Children aged 0–4 years make up 6.3% of Lara’s population, above the Victorian average (5.8%)
• Average daily childcare fees in Lara are approx. $154.70/day, with some centres charging up to $170/day
• Investment Highlights:
• Estimated rental return $225,000 – $250,000 p.a (or $3,200 - $3,600 per child) once completed
• Includes land, existing dwelling, council permit & approval

Land 920 m2

Offered for sale at $1,500,000

Don’t miss this exceptional opportunity to develop and operate (or lease to an operator) a childcare centre in one of Victoria’s most sought-after growth suburbs.