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11-15 Maynes Pde 0.55 Acres of Commercial Land in Unanderra, NSW 2526
Investment Highlights
- DA-approved 128-place childcare facility on a prominent 2,218.5 sqm corner landholding.
- Secure net rental income of $588,800 per annum upon completion.
- Located within a fast-growing family catchment, anchored by strong demographic fundamentals in the Illawarra region.
- Pre-committed 10+10+10-year lease to respected national operator Little Leo’s.
- Adjoins St Pius X Catholic School and opposite West Illawarra Club, enhancing convenience and visibility.
- Rare opportunity to acquire a future-proofed essential service investment with long-term growth prospects.
Executive Summary
Knight Frank proudly presents a premier childcare investment located at 1115 Maynes Parade, Unanderra—an exceptional opportunity combining development certainty, income security, and prime positioning within a high-demand family precinct in the Illawarra region.
The property consists of an expansive 2,218.5 sqm corner site with DA approval for a 128-place childcare centre, offering an attractive low-risk investment supported by a pre-committed long-term lease with Little Leo’s, a highly regarded childcare operator. Once completed, the centre will generate a strong net income of $588,800 per annum, secured by a robust 10+10+10-year lease structure, underpinned by minimum rental increases and proven tenant covenant strength.
Strategically positioned adjoining St Pius X Catholic Parish Primary School and opposite West Illawarra Club, the property is ideally situated for synergy with local educational and community facilities. Its accessible and high-exposure location ensures strong future enrolments and long-term operational viability, making this a sought-after investment for those targeting defensive, income-producing assets within the thriving childcare sector.
There are currently two residential homes on this lot.
The property consists of an expansive 2,218.5 sqm corner site with DA approval for a 128-place childcare centre, offering an attractive low-risk investment supported by a pre-committed long-term lease with Little Leo’s, a highly regarded childcare operator. Once completed, the centre will generate a strong net income of $588,800 per annum, secured by a robust 10+10+10-year lease structure, underpinned by minimum rental increases and proven tenant covenant strength.
Strategically positioned adjoining St Pius X Catholic Parish Primary School and opposite West Illawarra Club, the property is ideally situated for synergy with local educational and community facilities. Its accessible and high-exposure location ensures strong future enrolments and long-term operational viability, making this a sought-after investment for those targeting defensive, income-producing assets within the thriving childcare sector.
There are currently two residential homes on this lot.
Property Facts
| Sale Type | Investment | Property Subtype | Commercial |
| No. Lots | 1 | Total Lot Size | 0.55 AC |
| Property Type | Land |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Total Lot Size | 0.55 AC |
1 Lot Available
Lot
| Lot Size | 0.55 AC |
| Lot Size | 0.55 AC |
Description
11-15 Maynes Parade is positioned on a substantial 2,219 sqm corner landholding directly adjoining St Pius X Catholic Parish Primary School and the West Illawarra club.
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11-15 Maynes Pde
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