171 Military Road
Avondale Heights, VIC 3034

Positioned in a prominent, high-exposure location, 171–173 Military Road offers an exceptional investment opportunity in the thriving heart of Avondale Heights. This substantial freehold property benefits from outstanding accessibility along one of the area's major thoroughfares, making it an ideal asset for investors seeking a secure, long-term investment with a quality tenant already established.

The property is leased to a reputable early education centre, providing essential childcare services to the growing local community. This tenancy generates an immediate annual income of approximately $240,000 plus GST, with attractive 3% annual increases, ensuring reliable and steadily growing returns for investors.

The lease agreement provides long-term security with a 10 + 10 + 10 year term commencing from 7 July 2020. This structure enhances the property's appeal as a stable, income-producing investment, offering peace of mind and financial predictability.

Set on a substantial landholding of 1072 square meters with commanding street presence, the property enjoys a strategic position surrounded by established residential neighborhoods, schools, parklands, and major transport connections. These factors are key drivers supporting continued demand for quality childcare services in the area.

Melbourne's north-west region continues to experience strong population growth and increasing demand for premium childcare facilities. This presents 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, a quality tenant covenant, and excellent future growth potential, 171–173 Military Road represents an outstanding addition to any investment portfolio.