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CBRE - VIC

142 Central Parkway Cranbourne West, VIC 3977

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142 Central Parkway,
Cranbourne West, VIC 3977

Medical & Consulting • Other

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CBRE - VIC
Jimmy Tat
Sandro Peluso
Marcello Caspani-Muto

CBRE - VIC

Level 34, 8 Exhibition Street
MELBOURNE, VIC 3000
CBRE - VIC
142 Central Parkway
Cranbourne West, VIC 3977

Map of 142 Central Parkway

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HIGH GROWTH EARLY LEARNING INVESTMENT LEASED TO NATIONAL TENANT - SURROUNDED BY 1,000+ NEW HOMES

  • National Operator with 20+ Locations
  • 9 Primary Schools Within 3km*
  • 15 Year Lease + Options to 2069
CBRE Australian Healthcare & Social Infrastructure is proud to exclusively present 142 Central Parkway, Cranbourne West (Cnr Fusion Court) - a brand-new trophy childcare offering at the entrance of the 100% sold "Linc Townhomes Estate".

Ideally positioned in the heart of Cranbourne West, this brand-new, double storey state-of-the-art childcare centre is leased to Bluebird Early Education, the flagship brand of the highly regarded Oxanda Education Group, operating over 20 centres nationally.

The centre benefits from strong local residential growth, with over 1,000 new homes in the immediate 3km* radius and more than 80,000 dwellings in development across the City of Casey.

Situated directly opposite the Quarter Primary School, one of the best local primary schools within the municipality. There are also nine (9) schools with over 5,300 students within 3km*. Alongside rapid local jobs growth—this exceptional property delivers investors all the essential fundamentals for a secure, long-term investment in a booming family demographic.

Overview:

+ Leased to Bluebird Early Education, the premium childcare brand within the Oxanda Education Group featuring over 20 childcare centres and a strong national brand reputation

+ Purpose built double storey centre with high-end finishes - complete in Oct 2024 with significant depreciation benefits

+ Dual street frontage with underlying land area of 1,740 sqm* and 110m* frontage to highly trafficked thoroughfare, Central Parkway

+ Licensed for 116 long day care (LDC) places plus 25 dedicated parking spaces

+ Annual Income of $463,500 + GST ($3,995 per place, as at Oct-25) with fixed 3% annual increases

+ Highly serviceable market rental well below comparable services in the municipality, averaging $4,500 per place

+ 15-year initial lease term plus (3) three further (10) ten-year options to 2069

Location:

+ Situated within the sold out 'Linc Townhome Estate', featuring 176 homes and over 1,000 additional homes planned within a 3km* radius

+ Directly adjacent to Quarters Primary School and within 3km of 9 additional schools, collectively serving over 5,300* students

+ Well-established residential area experiencing strong population growth, with projections indicating a 75%* increase in the Cranbourne catchment over the next two decades

+ Notably, 8% of the local population is children aged 0-4, compared to the Victorian average of 5.8%

+ Cranbourne has evolved into a significant employment hub over the past decade, with local jobs nearly doubling since 2011

+ The City of Casey has announced a planned investment of $1.1 billion in capital infrastructure projects from 2024 to 2034, further enhancing Cranbourne and surrounding suburbs

+ Moments from multiple primary and secondary educational facilities including, Cranbourne west Primary School (1.4km*), Cranbourne West Secondary College (1.8km*), Lyndhurst Primary School (2.1km*), Rangebank Primary School (2.4km*), Saint Therese's Primary (2.5km*), Barton Primary School (2.5km*), Cranbourne Park Primary School (2.7km*), Lyndhuest Secondary College (2.8km*) and more

+ Only 5 mins* from Cranbourne West Shopping Centre and moments from other essential retail amenities inclusive of Evan Road Medical Centre (1km*), Dorevitch Pathology (1km*), Cranbourne West Medical Centre (1.5km*), Our Medical Cranbourne (1.6km*), Cranbourne Community Pharmacy (1.6km*), Camms Road Shops (1.6km*) Sandhurst Centre (1.6km*), Marriot Waters Shopping Centre (1.8km*) Thompson Parkway HomeCo. (2.8km*), Thompson Road Clinic (3km*), Springhill Shopping Centre (4km*) and more

For sale via expressions of interest closing Thursday 16th October at 2:00pm AEDT

Sandro Peluso
+61 418 389 7...

Jimmy Tat
+61 439 399 1...

Marcello Caspani-Muto
+61 417 065 7...

approx*

Cranbourne West, 3977 demographic data

The median household income for Cranbourne West is $1,856, 2% lower than Greater Melbourne's household income of $1,901. Cranbourne West has a younger age profile compared to the rest of Greater Melbourne (median age 32 vs 37). Property ownership data shows 81% of property owners in Cranbourne West have a mortgage.

19,969
Population
$1,856 per week
Median household income
32 years
Median age
Owners
Most residents
Families
Most households

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