PRIME 92 PLACE 15 YEAR LEASED CHILDCARE INVESTMENT OPPORTUNITY
BUILT FOR GROWTH. POSITIONED FOR PERFORMANCE.
677 FARRALL ROAD, MIDVALE WA 6056
THE ASSET COMPROMISES OF A NEWLY COMPLETED 92 PLACE ELC LEASED TO
MIRABILIA EARLY LEARNING EDUCATION LEASED FOR 15 YEARS + 15 YEAR OPTION
STARTING RENT OF $380,000 PER ANNUM + GST AND OUTGOINGS.
STRATEGIC LOCATION WITH STRONG DEMAND DRIVERS
Positioned within the Movida Estate by Peet, this approved 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, health, and transport hub for the region — driving consistent childcare demand from 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.
INVESTMENT SUMMARY
** 15-YEAR LEASE + 15 YEAR OPTION
** RENT $380,000 PA + GST AND OUTGOINGS
** 3% NET RENT PA RENT INCREASES
** ALL OUTGOING PAID (TRIPLE NET LEASE)
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 FROM 6% NET RENTAL OR $6.335,000 + GST CONSIDERED
FOR FURTHER INFORMATION
PAUL PERIN 0411 514 346
harrperprojects.com.au
HARRPER PROJECTS
