108 Parraweena Rd 19,397 SF 100% Leased Retail Building Miranda, NSW 2228 For Sale

This freestanding commercial property offers a resilient long-term investment opportunity within Sydney’s high-growth Miranda precinct. Anchored by Story House Early Learning on a 15-year net lease through 2034, this asset delivers predictable income with fixed annual rental escalations of up to 4%, compounding long-term returns. Occupying a modern three-level building complemented by secure underground parking for 55 cars, the property benefits from strong tenancy supported by a leading childcare operator operating over 55 centers nationally.
Set strategically within a thriving large-format retail and lifestyle hub, the property sits opposite Ritchie’s IGA and near major retailers such as Bunnings, Harvey Norman, and Westfield Miranda. The surrounding area serves as an education-focused community with 21 schools and more than 10,200 pupils within a 3km radius. Bolstered by federal and state backing for the childcare sector, including over $16 billion in funding and wage support measures, this asset provides exceptional security and growth potential for investors seeking a government-supported essential service tenant in a population-expanding corridor.