Peritus Childcare Sales as exclusive sales and marketing agents is pleased to present for your consideration 22-24 Milton Street, Bankstown, NSW, a brand new, fully equipped and resourced 80-place premium centre, featuring a world-class fit-out and high-quality furnishings throughout.
Expression of Interest Closing 5pm Friday 8 May 2026.
- Incoming tenant / purchaser has a true plug-and-play turnkey centre ready for trading and just needs to provide resources and furniture and then apply for Service Approval
- Lease Commencement: Date Earlier of: (a) date Lessee commences trading; or (b) 90 days after Practical Completion
- Lease Expiry: 10 Years post lease commencement date
- Options: 10+10+10 years
- 40 Years secured lease tenure
- Incentive: 3 months gross rent free (base rent + outgoings) from Commencing Date + 50% reduction months 4–6 (3 months rent and outgoings free plus 3 months at half rent and outgoings) PLUS Lessor's Contribution of $3,500/place + GST toward Playscape Works
- Base rent of only $4,500 per place (10.5-11.6% Rent / Revenue Ratio)
- Only 3% p.a. annual rental increases
- Only 3 months bank guarantee
- 10,066 0-5 year old children reside within 3km of the centre growing at 2.3% CAGR for the next 15 years (2.3x stronger than the NSW average)
- 10,048 0-5 year old children reside within the 7-minute drive-time definition of the centre growing at 2.2% CAGR for the next 15 years (3.0x stronger than the NSW average)
- Pro forma EBITDA potential / forecast adopting current catchment fees and 80% annual average hold occupancy, approximately $520,000
- Pro forma EBITDA potential / forecast adopting current catchment fees and 90% annual average hold occupancy, approximately $770,000
- Pro forma EBITDA potential / forecast adopting current catchment fees and 95% annual average hold occupancy $900,000
- Pro forma EBITDA potential / forecast adopting current catchment fees and 100% annual average hold occupancy $1,000,000
Current Daily Fees
Current catchment daily fees of $165
Current Demand: Supply Ratio
Demand:Supply Ratio of 3.3:1
Average Household Income
$90,698
Estimated Resident Population
127,816 (ERP - Defined Catchment Area) 10,066 (0-5 year old children - Defined Catchment Area)
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Other opportunities
FOR LEASE || Turn-Key Leasehold Interest || Raby || $160 Avg Daily Fee || 72 Place Centre || 40 Year Lease
FOR LEASE || Turn-Key Leasehold…


