• Kerry Huang
  • JRW Property International

For Sale

Rent is over $265000/ year, Long term leased

420-422 High Street Road, Mount Waverley, VIC 3149

  • Other

Last updated: 3rd June 2026

Listing ID: 100665

  • 421.0m2 Floor area
  • 1739.0m2 Land area

Blue-Chip Childcare Mount Waverley Investment - Established Childcare Centre with Secure Lease Over 30 Years

Positioned in a prominent and highly sought-after Mount Waverley location, 420-422 High Street Road presents a rare opportunity to secure an established childcare investment with immediate rental income and outstanding future potential.

Currently operating as a kindergarten/childcare centre with an existing lease in place, the property offers a strong foundation for investors seeking a securely tenanted asset in one of Melbourne's thriving eastern suburbs. The childcare facility has been successfully operating for over 30 years, further underscoring its stability and long-standing presence in the local community.

Set on a substantial landholding with excellent street exposure, the property combines long-term investment appeal with future upside (STCA). Surrounded by quality residential homes, schools and growing family demographics, the location is exceptionally well suited to childcare and community-based use.

Conveniently located close to local shops, public transport, major arterials and key lifestyle amenities, this is an outstanding opportunity for investors, land bankers or future developers alike.

Key Highlights:

Established childcare/kindergarten facility
Existing lease providing immediate rental income
Prime High Street Road exposure
Substantial landholding with future potential (STCA)
Strong family-oriented catchment location
Excellent access to schools, transport and amenities

A rare and versatile offering in one of Mount Waverley's most tightly held pockets.

WalkScore®

This property is somewhat walkable with some errands that can be accomplished on foot. If you are up for a little walk you can explore the local lunch and coffee options nearby. There is some transit available from here with a few nearby public transportation options.

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  • Leo Ren
  • JRW Property International
  • Kerry Huang
  • JRW Property International