SOLD
SOLD
SOLD
SOLD
SOLD
SOLD
SOLD
SOLD
SOLD

DA Approved Childcare Development Opportunity

55 McKenzie Street, Melton VIC

Property Highlights

DA approved 110 place childcare
Architecturally designed facility
Strategic 1,012 sqm site

Description

+ Prime 1,012 sqm site with DA approval for 110 place child care facility
+ Architecturally designed two-storey facility with basement parking for 19 cars
+ Outstanding opportunity for either a developer or an owner / operator to construct within an existing residential location
+ Positioned metres from Melton’s main retail shopping strip, ALDI, and Woodgrove Shopping Centre underpinned by Woolworth/Coles and 165 specialty stores.
+ Located within easy access of both the Western Freeway and Melton Highway and only 35 kilometres west from Melbourne’s CBD
+ Childcare/Early Education is an essential service and one of Australia’s most sought-after asset classes, with both Federal and State Governments providing record funding. In the 2021-22 Federal Budget, the Federal Government added a further $1.7 billion to the $10.3 billion already budgeted for the year.*
+ City of Melton: One of the fastest growing municipalities in Australia, home to 172,500 people, supporting 26,139 jobs and has an annual economic output of $8.074 billion

For Sale by Expressions of Interest
Closing 3pm (AEDT) Wednesday 20 October 2021

*Mitchell Institute, Australian Investment in Education: Early Learning.

Property Details

Listing
Sale
Current Tenant
Vacant
Occupancy Type
Childcare
Land Size
1,012 SQM
Building Area
1 SQM

Contact Agents

Contact Me

Stay up to date with our latest portfolio auctions & insights