SOLD
SOLD
SOLD
SOLD
SOLD
SOLD
SOLD
SOLD

DA Approved Childcare Development Opportunity

12 Sail Court , Armstrong Creek VIC

Property Highlights

DA approved for 125 place childcare
Architecturally designed facility
Prominent 2,740 sqm site

Description

+ Prime 2,740sqm site with DA approval for 125 place child care facility
+ Architecturally designed two-storey facility in one of Victoria’s fastest growing suburbs
+ Outstanding opportunity for either a developer or an owner operator to construct within a booming residential location
+ Strategically positioned within 2km of Armstrong Creek Town Centre, home to Coles and 20 + specialties, with Dan Murphy’s, Hungry Jack’s and KFC to commence trading soon.
+ Surrounded by important social infrastructure including 6 primary and secondary schools within 3km, servicing 1,975 full-time students***
+ Situated next to the $1billion Warralily development in Armstrong Creek that won the prestigious Masterplanned Development Award and the Environmental Excellence Award in 2018.
+ Located off the busy Surf Coast Highway, servicing on average 12,000 cars daily***
+ The suburb of Armstrong Creek is experiencing rapid growth and currently has an annual growth rate of 7.25%**. It’s expected to to provide housing to over 65,000 people upon completion.**
+ City of Greater Geelong: Currently 264,866 residents and is forecasted to grow to 360,245 by 2036 **
+ Childcare/Early Education is an essential service and one of Australia’s most sought-after asset classes, with the Federal and State Governments providing record funding. In the 2021-22 Federal Budget, the government added a further $1.7 billion to the $10.3 billion already budgeted for the year.*

Offers Currently Under Review

*Mitchell Institute, Australian Investment in Education: Early Learning.
** Forecast id.
*** Gap Maps

Property Details

Listing
Sale
Current Tenant
Vacant
Land Size
2,740 SQM
Building Area
1 SQM

Contact Agents

Contact Me

Stay up to date with our latest portfolio auctions & insights