OFFERS INVITED – MIRABILIA EARLY LEARNING
20 FARRALL ROAD, MIDVALE WA 6056
BUILT FOR GROWTH. POSITIONED FOR PERFORMANCE.
92 PLACE EARLY LEARNING CENTRE
15-YEAR LEASE + 2 X 10-YEAR OPTIONS (20 YEARS TOTAL)
LEASED TO GROWTH & SUCCESS FAMILY BUSINESS
“MIRABILIA EARLY LEARNING EDUCATION”
https://mirabilia.com.au/about-us
JUST COMPLETED – AWAITING LICENSING APPROVAL, EXPECTED NOVEMBER 2026
THE ASSET COMPRISES A NEWLY COMPLETED STATE-OF-THE-ART
92-PLACE EARLY LEARNING CENTRE LEASED TO MULTI-SITE OPERATOR
MIRABILIA EARLY LEARNING EDUCATION
STARTING RENT OF $391,000 PER ANNUM + GST AND OUTGOINGS.
RENT COMMENCEMENT DATE 1ST OCTOBER 2026
INVESTMENT SUMMARY
** STRATEGIC LOCATION WITH STRONG CHILDCARE DEMAND DRIVERS
** BRAND NEW QUALITY FACILITY FOR 92 PLACES
** MULTI-SITE OPERATOR & FAMILY BUSINESS (MIRABILIA EARLY LEARNING EDUCATION)
** 15-YEAR LEASE + 2 X 10 YEAR OPTIONS ( 20 YEARS)
** RENT $391,000 NET PA + GST AND OUTGOINGS
** 3% NET RENT PA; RENT INCREASES MARKET REVIEW AT OPTION
** ALL OUTGOINGS PAID (TRIPLE NET LEASE) INCLUDING CAPITAL REPAIRS
** PLAYGROUND INCLUDED AS PART OF OWNERSHIP ( UPGRADE BY TENANT)
** OUTSTANDING DEPRECIATION ALLOWANCES
** 6-MONTH BANK GUARANTEE AND PERSONAL GUARANTEES
Positioned within the Movida Residential Estate by PEET this 92-place childcare centre is embedded in a rapidly growing, master planned residential community in the heart of Midvale.
Movida is a 60-hectare urban infill estate designed to accommodate approximately 1,000 households upon completion, creating a significant and immediate family-based catchment.
Location
Approx. 2 km to Midland (Major Activity Centre)
Midland serves as the primary commercial, retail, healthcare, and transportation hub for the region, driving consistent demand for childcare among working families.
Approx. 23 km from Perth CBD
Easy access via Great Eastern Highway and Roe Highway supports strong commuter-based enrollment.
CORE GOVERNMENT SCHOOL CATCHMENTS
Midvale Primary School
Governor Stirling Senior High School (Midland)
Swan View Senior High School
La Salle College (private, Midland)
CHILDCARE INVESTMENT HIGHLIGHTS
✔ Approved 92-place childcare centre
✔ Located within a high-growth residential catchment
✔ Proximity to Midland Strategic Metropolitan Centre
✔ Strong accessibility via major arterial roads
✔ Excellent positioning to capture commuter and local demand
✔ Close to schools, medical precincts, and retail infrastructure
FAMILY-ORIENTED CATCHMENT
Strong proportion of young families and working households
Average household size ~2.5 persons
Predominant age group: 20–39 years (prime childcare demographic)
POPULATION & DENSITY DRIVERS
Midvale Population: ~2,283 residents (2021 Census)
Land Area: ~3.0–3.2 km²
Population Density: ~700–760 people per km² (approx.)
This reflects a compact, urbanising suburb with increasing density driven by infill developments such as Movida.
Growth Rate: +52.8% population growth (2016–2021)
Projected Growth: ~39% increase by 2036
The subject site directly benefits from high-density residential expansion and accelerating population growth, both of which are critical drivers of childcare demand.
Movida Estate specifically targets first-home buyers and young families, further strengthening enrollment potential.
This is a rare opportunity to secure a scale childcare asset (92 places) in a tightly held and undersupplied market, supported by strong fundamentals and long-term growth drivers.
PRICE GUIDE CIRCA $6.500,000 (GOING CONCERN) 6% NET PASSING RENT
FOR FURTHER INFORMATION
PAUL PERIN 0411 514 346
harrperprojects.com.au
