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

Recent Note: Avalon Airport will start its International flights from March 2026. This will be a significant positive for the region as new jobs will be created and generate additional population growth in the surrounding areas.

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.