642 Frankston-Dandenong Road, Carrum Downs, Vic 3201

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House
Type
2
Bedrooms
2
Bathrooms
22
Parkings
1,555 m²
Area

Published on Thursday, June 11, 2026 ( See property details for 642 Frankston-Dandenong Road, Carrum Downs, Vic 3201)

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A rare childcare investment opportunity on a prominent corner site in Carrum Downs, featuring approved facilities, strong lease terms, and strategic location within a high-growth area.

🏡 Property Highlights

  • Prime corner site with outstanding exposure in a rapidly growing family community
  • Approved modern two-storey childcare centre accommodating 96 children
  • Secure 15-year lease with fixed annual rent reviews and strong rental income
  • Strategic location near schools, shopping, public transport, and beaches
  • Exceptional development opportunity with existing dwelling and multiple sheds
  • High-demand growth corridor with strong demographic trends

✨ Key Features

  • Outdoor Area
  • Open-Plan Living
  • Security Screens / Gates
  • Fly Screens
  • Waterfront / Views
  • Garage / Secure Parking
  • Built-in Robes
  • Air Conditioning
  • Ceiling Fans
  • Extra Storage (Shed/Linen)

Carrum Downs is a thriving suburb known for its family-friendly environment, excellent schools, and convenient access to beaches and transport links. The area offers strong demographic growth, a vibrant community, and a range of amenities including shopping centres, parks, and recreational facilities. Its strategic location within Melbourne’s southeastern corridor makes it an ideal spot for childcare development and investment. The suburb’s established residential estates and ongoing growth ensure sustained demand for early learning services.

What are the key features of the approved childcare centre?
The approved childcare centre is a modern two-storey facility accommodating 96 children, with spacious indoor and outdoor learning environments, quality staff amenities, and a strategic location within a high-demand catchment area.
What are the lease terms and rental conditions?
The property is leased under a 15-year agreement with options for two additional 10-year extensions, featuring fixed annual rent reviews of 3%, and a signed AFL at $3,800 plus GST per licensed place per annum.
What makes this location ideal for childcare investment?
Its prominent corner site with high exposure, proximity to schools, shopping centres, public transport, and beaches, combined with strong demographic growth, makes it a highly desirable location for childcare services.
Are there any existing structures on the property?
Yes, the property includes an existing dwelling and multiple Colorbond sheds with concrete floors, power, and plumbing, providing additional development or operational options.
What are the accessibility features of the property?
The site benefits from two separate driveways for convenient access from Frankston-Dandenong Road and Bawden Street, with a bus stop directly at the doorstep.
Are there any zoning restrictions or planning overlays that could affect future development or use of the property? What are the potential costs for property maintenance, including the sheds and existing dwelling? Are there any easements, covenants, or restrictions registered on the title? Has the property been assessed for flood or bushfire risks? Are there any upcoming planning or infrastructure projects in the area that could impact the property’s value or accessibility? What are the terms and conditions of the existing lease agreement, and are there any upcoming rent reviews or lease expirations? Is there any history of structural issues or environmental concerns on the site? Are there any strata or body corporate considerations if additional development occurs? What are the current council rates and any other ongoing costs associated with the property? Is there potential for future expansion or redevelopment within the current zoning?

642 Frankston-Dandenong Road, Carrum Downs, Vic 3201 - More Details

CONTACT AGENT

Type
House
Bedrooms
2
Bathrooms
2
Parkings
22
Area
1,555 m²
House Size
75 m²

Price guide

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