An architecturally designed child care centre in Garden Suburb has been labelled 'one of a kind'.
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Movable's Jason Morris is guiding $1 million for a centre that is less than a decade old, located on 1137 square metres at 38A Prospect Road.
The property, which is leased to a child care operator until 2027 and has a net return of about $48,900, will go to auction online on November 9.
"It's certainly one of a kind," Mr Morris said.
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"It's only a 12-placement centre but the reason for that is they pick up and drop off the kids - it's a real boutique arrangement right in the middle of Garden Suburb.
"It was actually a house that they re-designed and rebuilt in 2014 to the current and it's zoned residential, so after the lease ends in years to come it could be used as a house again."
Designed by Webber Architects, the property has attracted strong interest from investors in its opening week.
It also features a double garage, solar power and split-system air-conditioning.