High-Exposure Site with Holding Income | Approved Uses Possible for Childcare or Swim School (STCA)
An outstanding opportunity to secure a strategically located corner site in one of Victoria's most rapidly growing residential corridors.
Situated directly next to a high-performing childcare centre, and surrounded by established and new housing estates, schools, and transport links, this 2,005sqm* site is ideal for a wide range of community, recreational, and wellness-based developments.
Perfectly suited for a Swim School or Childcare Centre - subject to council approval (STCA).
Currently generating $1,955/month in holding income, the site provides cash flow while you obtain planning approval or finalise development plans. The existing tenant is cooperative and happy to remain on flexible terms during the planning phase.
Key Features:
2,005sqm* corner block with dual street frontage
Development-ready site - flat, accessible, and highly visible
Monthly income of $1,955 from an existing long-term tenant
Flexible tenancy arrangement during planning or permit stages
Ideal for Childcare Centre or Indoor Swimming School (STCA)
Located beside an operating childcare centre - strong synergy
Surrounded by young families, schools, and new residential estates
Excellent access to Hume Freeway and Wallan Train Station
Ideal Development Outcomes (STCA):
Childcare Centre
Heated Indoor Swim School
Allied Health & Wellness Hub
Gymnastics / Youth Sports Facility
Martial Arts or Recreation Centre
Education or Family Services Facility
Why Wallan?
Designated high-growth suburb in Melbourne's northern corridor
Strong demand for family and community-focused services
Young demographic with high participation in sport and wellness activities
Government investment in infrastructure and housing continues to drive growth
Limited competition for well-located, large-format sites
The Opportunity:
18 Eden Place offers the rare combination of location, income, and development potential - all in a community that's crying out for new services. Secure the site, earn while you plan, and deliver a purpose-built facility for Wallan's growing population.
Contact the exclusive agent today to receive plans, zoning details, or arrange a site inspection.
Due diligence checklist - for home and residential property buyers - http://www.consumer.vic.gov.au/duediligencechecklist.
This document has been prepared to assist solely in the marketing of this property. While all care has been taken to ensure the information provided herein is correct, we do not take responsibility for any inaccuracies. Accordingly all interested parties should make their own enquiries to verify the information.
