642 Frankston-Dandenong Road, Carrum Downs, Vic 3201

Raine & Horne Land Victoria proudly presents an exceptional childcare investment and development opportunity at 642 Frankston-Dandenong Road, Carrum Downs. Positioned on a prominent corner site with outstanding exposure and accessibility, this rare offering combines a state-of-the-art approved childcare centre, a strategic location within a rapidly growing family-oriented community, and a secure Agreement for Lease (AFL), making it an ideal acquisition for investors, developers and childcare operators alike.
Situated at the gateway to the established Clifton Grove Estate and surrounded by schools, childcare centres, shopping facilities and public transport, the property benefits from strong underlying demand for early learning services. With approved plans for a modern two-storey childcare facility accommodating 96 children and a signed AFL at $3,800 plus GST per licensed place per annum, this is a compelling opportunity to secure a premium childcare asset in one of Frankston's most sought-after growth locations.

Property Features:
• Prominent corner site of approximately 1,555sqm in General Residential Zone (GRZ)
• Approved double-storey childcare centre accommodating 96 children
• Signed AFL at $3,800 plus GST per licensed place per annum
• Lease Term: 15 years + 10 years + 10 years options, with fixed annual rent reviews of 3%
• Dominant 80m corner frontage providing exceptional exposure to passing traffic
• State-of-the-art childcare design with spacious indoor and outdoor learning environments
• Outdoor play areas located on both ground and first floor levels
• Quality staff amenities and modern facility design throughout
• Strategically positioned near Banyan Fields Primary School and St Joachim's Catholic Primary School
• Located within a strong childcare catchment with growing family demographics
• Gateway position to the established Clifton Grove Estate directly behind the site
• Two separate driveways providing convenient access from Frankston-Dandenong Road and Bawden Street
• Existing dwelling and multiple Colorbond sheds with concrete floors, power and plumbing
• Bus stop located directly at the property's doorstep
• Easy access to Frankston-Dandenong Road, EastLink and Mornington Peninsula Link
• Close proximity to Seaford, Kananook, Frankston and Dandenong Train Stations
• Less than 10 minutes to Seaford Beach, Carrum Beach and Patterson River Boat Ramp
• Surrounded by primary schools, secondary schools, parklands and established residential communities
• Walking distance to IGA Village Shopping Centre, cafés, restaurants and local amenities
• Exceptional childcare investment and development opportunity within a high-demand growth corridor

Call Kevin Paghdar on +61 426 510 510 Or Rizul Sharma on +61 424 366 555 Or Sagar Bhaliya on +61 426 992 493 today for further enquiries and to inspect the property.

Interested parties should conduct their due diligence prior to making any submissions. Particulars given are for general information only and do not constitute any representation on the part of the vendor or agent.

Due Diligence Checklist -
http://www.consumer.vic.gov.au/duediligencechecklist

Type

House

Bedrooms

2

Bathrooms

2

Parkings

22

Area

1,555 m²

House Size

75 m²