Childcare Centre, 8 Parliament Street,
Point Cook, VIC 3030

Medical & Consulting • Offices • Shops & Retail

Key property information

Land area

Floor area

Property extent

Tenure type

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Map of Childcare Centre, 8 Parliament Street

Directions

Highly Sought-After Childcare Investment

Secure 15 + 10 yr lease to 2039
Fixed 4% annual rent increases
National provider with 30 centres

Secure 15 year lease to Sparrow Early Learning to 2029
One further 10 year option to 2039
Sparrow Early Learning: experienced and successful early education provider with 30 centres nationally
Desirable 4% annual rent increases
As new 850 sqm purpose built facility, licensed for 114 places
Prominent 2,383 sqm corner site with dual street frontage of 108 metres
Strategically located only 1.7km from the Coles and kmart anchored Sanctuary Lakes Shopping Centre and 25km from the Melbourne CBD
Wyndham City: one of the largest growth areas in Australia and expected to grow by a further 377,000 residents with an additional 164,000 jobs over the next 30 years
Net Income: $319,486 pa

Auction 11am AEST Wednesday 9 August 2017
River Room, Crown Casino, Melbourne

Point Cook, 3030 demographic data

The median household income for Point Cook is $2,392, 26% higher than Greater Melbourne's household income of $1,901. Point Cook has a younger age profile compared to the rest of Greater Melbourne (median age 33 vs 37). Property ownership data shows 76% of property owners in Point Cook have a mortgage.

66,781

Population

$2,392 per week

Median household income

33 years

Median age

Owners

Most residents

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Most households