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Moonee Ponds · Victoria
Moonee Ponds, Victoria
A heritage-listed 1973 residence and its Edna Walling garden, transformed into a 91-place early learning centre — full to a waitlist on opening.
Capacity
91 places
Early learning centre
Occupancy
100%
Full waitlist on opening
Net yield
5.29%
On sale in 2019
Heritage residence
1973
Architect HJ Wagstaff
Garden
Edna Walling
Renowned landscape designer
Project overview
Heritage does not have to mean history.
For the Moonee Valley Racing Club, the site was a heritage-listed residence — designed in 1973 by architect HJ Wagstaff, set in a garden by the renowned landscape designer Edna Walling. The brief was to make it work as a modern childcare centre without erasing what made it significant.
MPG delivered a full turnkey solution — a sensitive conversion and extension, the planning permit secured through the heritage constraints, and a long-term tenant locked in with a premium early learning operator.
i.
The Challenge
A heritage-listed residence — a 1973 HJ Wagstaff home in an Edna Walling garden — is a constrained canvas. The Moonee Valley Racing Club needed it to become a modern, high-end childcare centre without losing the heritage that defined it.
ii.
The Approach
MPG delivered a full turnkey solution — property search, a sensitive conversion and extension, centre design and design management, and project administration. The planning permit was secured by navigating the heritage constraints, and a long-term lease was locked in with a premium early learning operator.
iii.
The Outcome
A 91-place centre that opened to 100% occupancy and a full waitlist, and sold in 2019 on a 5.29% net yield — a model for sensitive, high-quality heritage development.
What MPG delivered
A full turnkey heritage conversion.
From a heritage-listed residence to a fully tenanted, high-end centre.
i.
Full Turnkey Solution
Concept to completion on a single brief — search, design, development and administration.
Result · Concept to handover
ii.
Heritage Planning Permit
The planning permit secured by navigating the residence's heritage constraints.
Result · Permit approved
iii.
Sensitive Conversion & Extension
A high-end centre created within the heritage residence and garden, without erasing their character.
Result · Heritage preserved
iv.
Long-Term Tenant Secured
A long-term lease locked in with a premium early learning operator.
Result · Premium operator leased
Project gallery
Moonee Ponds.
Outdoor play
Entrance
Learning space
Outdoor activity space
Playroom
Playground
Services on this project
How we delivered Moonee Ponds.
Next project
Heidelberg Heights, Victoria
A flagship 102-place centre in a hospital precinct →
For landowners and developers
A heritage constraint can be an asset.
At Moonee Ponds, a heritage-listed residence became a 91-place centre that opened full and later sold on a 5.29% net yield. If you are holding a constrained or heritage site, we will model what it could become before you write it off.
Confidential. No obligation.
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(03) 9225 5254
Mon – Fri 9am – 5pm AEST
