36 Tinks Rd 7,352 SF Retail Building Narre Warren, VIC 3805 $5,412,673 CAD ($736.24 CAD/SF)

Jones Real Estate is proud to present Where We Grow ELC, 36 Tinks Road (Corner Prospect Hill Road), Narre Warren VIC, as part of the Melbourne Growth Corridor (“MGC”) Education Collection – FOR SALE via Deadline Private Sale closing Wednesday, 3rd June 2026 at 12:30pm (AEST).
This opportunity represents the freehold interest only in the property, not the tenant’s business (leasehold operation). The tenant remains in full compliance with a newly implemented long-term lease and continues strong operation at the site.
The offering comprises a modern, purpose-built childcare centre licensed for 95 places, prominently positioned on an expansive 2,019 sqm corner allotment with dual street access and 19 dedicated onsite car parking spaces. This facility is strategically located in Melbourne’s booming south-east corridor adjacent to Fountain Gate Primary School and only 800 metres from Westfield Fountain Gate, ensuring stable demand and exceptional convenience for families.
The tenancy is secured by a new 10-year net lease with two further 10-year options (10+10+10), underpinning a strong WALE and long-term income certainty. The property currently returns $350,000 per annum plus GST (as at April 2026), strengthened by fixed 3% annual rental increases and a ratchet clause preventing rent decrease at any review. The lease is structured on a net basis with the tenant paying all usual outgoings and offers enhanced covenant quality with six (6) months’ bank guarantee along with additional backing from S&E Education Group, which owns and operates multiple centres nationally under one entity, ensuring substantial covenant depth.
Located within the City of Casey — Victoria’s largest and fastest-growing LGA — with over 380,000 residents, this asset enjoys a demographic profile that strongly supports childcare demand. Within the primary catchment, approximately 1,150 children aged 0-4 years, accounting for 7.1% of the local population compared with the national average of 2.8%, underpin a robust and sustainable service requirement.
The property also benefits from its positioning within a dense education precinct, neighboring Fountain Gate Primary School (just 400m away) and more than seven primary schools within a 3 km radius. Excellent connectivity to Monash Freeway and Princes Highway, combined with proximity to Westfield Fountain Gate, amplifies land-use versatility and future alternative-use value. Adding to this strategic appeal is a strong infrastructure pipeline exceeding $1 billion, including Monash Freeway upgrades and the development of Bunjil Place civic and cultural precinct, strengthening accessibility and local lifestyle amenities.
This is a rare opportunity to secure a premier essential services investment combining long-term income security, fixed growth profile, robust operational covenant, and commanding exposure in a fast-growing metropolitan region. Indicative price range: $5,200,000 – $5,720,000, with sale closing under Deadline Private Sale on Wednesday, 3rd June 2026 at 12:30pm (AEST).