44 Galway Street,
Seaford, VIC 3198
Medical & Consulting • Other
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Map of 44 Galway Street
Train stations within 5 km of 44 Galway Street, Seaford, VIC 3198 Distance Seaford Station 1.5 km Kananook Station 1.5 km Frankston Station 4 km Carrum Station 4.1 km Leawarra Station 4.7 km POWERED BY HERE ©Bus stops within 5 km of 44 Galway Street, Seaford, VIC 3198 Distance Heversham Dr/Hartnett Dr (Seaford) 233 m Belvedere Park Primary School/Seaford Rd (Seaford) 442 m St Annes Catholic School/Brunel Rd (Seaford) 451 m Austin Rd/Brunel Rd (Seaford) 504 m Peninsula BVD/Hartnett Dr (Seaford) 558 m POWERED BY HERE ©
POWERED BY HERE ©
PREMIUM 20 YEAR EDUCATION INVESTMENT LEASED TO LEADING NATIONAL OPERATOR
- Returning $377,652 + outgoings & GST
- 20+10+10 Year Lease To 2062
- Substantial depreciation benefits
CBRE Australian Healthcare & Social Infrastructure are proud to exclusively present 44 Galway Street, Seaford for sale. A purpose-built childcare centre leased to one of the country’s top tier early learning providers.
Constructed with uncompromising standards amidst a back drop of rising development costs the subject property offers investors a stable long-term income stream with a significantly reduced early learning investment supply forecast in the years to come.
Part of the Elite Early Education Collection comprising ten (10) premium childcare investments offered individually or in one-line.
+ New 20 Year lease to 2042 with (2) two further (10) ten year options to 2062
+ Annual income of $377,652pa* + Outgoings & GST with fixed annual increases (CPI + 0.75%) ^
+ Tenant pays all outgoings including land tax
+ Leased to Nido Early School - A brand synonymous with success and powerhouse national operator featuring 99 centres in operation or the development pipeline across Australia
+Architecturally designed improvements of 687sqm*, with construction completion in late 2022 offering significant depreciation benefits
+Underlying landholding of 1,251sqm* within walking distance to ample retail and dinning amenity
Location
+City of Frankston’s population forecasts predict that the population of Seaford is expected to continue to grow in the coming years, with an estimated population of 21,000 by 2041
+Local growth driven by the development of new housing estates in the area, which are particularly popular among young families
+The centre services a catchment containing six major schools including Frankston Primary School, Aldercourt Primary School, Mahony Rise Primary School, Monterey Secondary College, John Paul College & McClelland College
+Ample accessibility options via both public transport and car with immediate access to the Frankston & Morning Peninsula freeway entries within 1km*
+Within close proximity to local amenities including the Hartnett Drive commercial precinct containing numerous retail/hospitality options, Woolworths Seaford, Kanook Train Station as well as Frankston Hospital
For more information please contact CBRE’s National Healthcare & Social Infrastructure team below:
Sandro Peluso
0418 389 7...
Jimmy Tat
0439 399 1...
Marcello Caspani-Muto
0417 065 7...
^NOI is based on FY23 Vendor Outgoings Budget. Prospective purchasers should make their own enquiries. NOI is as at 31 March 2023.
Constructed with uncompromising standards amidst a back drop of rising development costs the subject property offers investors a stable long-term income stream with a significantly reduced early learning investment supply forecast in the years to come.
Part of the Elite Early Education Collection comprising ten (10) premium childcare investments offered individually or in one-line.
+ New 20 Year lease to 2042 with (2) two further (10) ten year options to 2062
+ Annual income of $377,652pa* + Outgoings & GST with fixed annual increases (CPI + 0.75%) ^
+ Tenant pays all outgoings including land tax
+ Leased to Nido Early School - A brand synonymous with success and powerhouse national operator featuring 99 centres in operation or the development pipeline across Australia
+Architecturally designed improvements of 687sqm*, with construction completion in late 2022 offering significant depreciation benefits
+Underlying landholding of 1,251sqm* within walking distance to ample retail and dinning amenity
Location
+City of Frankston’s population forecasts predict that the population of Seaford is expected to continue to grow in the coming years, with an estimated population of 21,000 by 2041
+Local growth driven by the development of new housing estates in the area, which are particularly popular among young families
+The centre services a catchment containing six major schools including Frankston Primary School, Aldercourt Primary School, Mahony Rise Primary School, Monterey Secondary College, John Paul College & McClelland College
+Ample accessibility options via both public transport and car with immediate access to the Frankston & Morning Peninsula freeway entries within 1km*
+Within close proximity to local amenities including the Hartnett Drive commercial precinct containing numerous retail/hospitality options, Woolworths Seaford, Kanook Train Station as well as Frankston Hospital
For more information please contact CBRE’s National Healthcare & Social Infrastructure team below:
Sandro Peluso
0418 389 7...
Jimmy Tat
0439 399 1...
Marcello Caspani-Muto
0417 065 7...
^NOI is based on FY23 Vendor Outgoings Budget. Prospective purchasers should make their own enquiries. NOI is as at 31 March 2023.
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Property ID: 504301840Last Updated: 6 May 2024
44 Galway Street
Seaford, VIC 3198
CBRE - MelbourneLevel 34, 8 Exhibition Street
MELBOURNE, VIC 3000
MELBOURNE, VIC 3000
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