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40 Korumburra-Warragul Road

Warragul VIC 3820

4275 m²
Land
Currently for sale - view listing

Overview

Prime Childcare Investment Opportunity | 100 Places Approved | 25-Year Lease Secured | Warragul Growth Corridor!

LEASED. APPROVED. READY TO GROW. 100-Place Childcare Development | 25-Year Lease Secured | Prime Warragul Growth Corridor Lifestyle & Acreage Real Estate proudly presents 40 Korumburra-Warragul Road, Warragul — an exceptional childcare investment and development opportunity situated within one of Warragul's rapidly expanding residential growth corridors. Occupying approximately 4,275m² (1.06 acres), this strategically positioned property offers planning approval for a 100-place childcare centre, a signed long-term lease with a secured operator, and a building permit currently in progress. Combining long-term rental security, strong surrounding residential growth and potential for additional development (STCA), this opportunity presents an attractive proposition for investors, childcare operators and developers seeking a premium commercial asset. KEY INVESTMENT HIGHLIGHTS Planning Approved for 100 Children Baw Baw Shire Council has issued Planning Permit PLA0051/25 for the proposed childcare centre, providing a significant head start in the development process. 25-Year Lease with Fixed Rental Growth A childcare operator has secured a lease structured as an initial 10-year term with three further 5-year options (10 + 5 + 5 + 5), incorporating fixed 3% annual rental increases. Rental commencement is subject to construction, handover and the agreed lease provisions. Building Permit in Progress With planning approval already obtained and the building permit process underway, the project is progressing towards its next development milestone. Existing 40-Square Residence The property features a substantial existing residence of approximately 40 squares, proposed to be incorporated into the childcare development, subject to the relevant building requirements. Generous Landholding with Future Potential The proposed childcare facility is anticipated to occupy approximately 2,500–2,800m², potentially leaving additional land for future commercial or residential development, subject to council approval (STCA). Strategically Positioned in a High-Growth Corridor Located in Warragul's expanding southern residential corridor, the property is positioned to benefit from approximately 3,000 new homes reportedly approved across five surrounding estates, supporting future demand for childcare services. LOCATION & CONNECTIVITY The property enjoys prominent frontage to Korumburra-Warragul Road, offering convenient accessibility and proximity to key local infrastructure, including: Approximately 3 minutes to Princes Freeway access. Warragul Hospital and nearby medical facilities. Established and emerging residential estates. Nearby retirement living communities. Warragul town centre, shopping facilities and schools. With continuing residential expansion and an identified need for additional childcare facilities in Warragul's southern corridor, the location offers promising long-term investment fundamentals. A RARE OPPORTUNITY TO INVEST IN WARRAGUL'S FUTURE Opportunities of this calibre, combining an approved childcare development, a secured long-term tenant, fixed annual rental increases and potential surplus land, are rarely presented in such a compelling package. 40 Korumburra-Warragul Road, Warragul offers the opportunity to secure a well-advanced childcare development project within an expanding regional market. For further information, lease documentation, planning approvals or to arrange a private inspection, contact Lifestyle & Acreage Real Estate today. Disclaimer: All measurements, distances and development estimates are approximate. The planning permit is subject to its conditions and further required approvals. Lease terms should be verified against the executed agreement. Future development potential is subject to council approval (STCA). Illustrations are for marketing purposes only. ENQUIRE TODAY. Contact Lifestyle & Acreage Real Estate to secure your stake in Warragul’s next growth phase.

Features

4275 m² lot size
Land

Property history for 40 Korumburra-Warragul Road

2024
Rented
Undisclosed
Leased on 31 May 2024 by Diamond Estate Agents
2023
Sold
Undisclosed
29 Dec 2023 by Dev Sandhu, of Lifestyle & Acreage Real Estate

Happy sellers in Warragul

79%
79% of sellers in Warragul reported that their sale price either exceeded or met their price expectations.

Warragul stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 35 reviews in Warragul over the last 12 months.

Local market activity for land plots in Warragul

In the last 12 months, 104 land plots similar to 40 Korumburra-Warragul Road, have been sold.

This represents a 39% decrease in land plots sales when compared to the previous 12 months.

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