Share this property

realcommercial.com.au

44 Galway Street Seaford, VIC 3198

Directions

44 Galway Street,
Seaford, VIC 3198

Medical & Consulting • Other

Price information

Sale

Contact Agent

Key property information

Land area

Floor area

Tenure type

Private inspections

to arrange a private inspection.

Map of 44 Galway Street

Directions
  • Train stations within 5 km of 44 Galway Street, Seaford, VIC 3198Distance
    Seaford Station1.5 km
    Kananook Station1.5 km
    Frankston Station4 km
    Carrum Station4.1 km
    Leawarra Station4.7 km
    POWERED BY HERE ©
  • Bus stops within 5 km of 44 Galway Street, Seaford, VIC 3198Distance
    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.

Explore property virtually

Video

If you'd like to inspect this property in person, please to arrange a private inspection.

Property ID: 504301840Last Updated: 6 May 2024

realcommercial.com.au logo
44 Galway Street
Seaford, VIC 3198
progress tick

Sending email...

Make an enquiry

What's your enquiry about?

Message

Enter your details

Name (required)
Email address (required)
Phone number
Comment

Your personal information will be passed to the Agency and/or its authorised service provider to assist the Agency to contact you about your property enquiry. They are required not to use your information for any other purpose. Our Privacy Policy explains how we store personal information and how you may access, correct or complain about the handling of personal information.

Similar properties

Other properties you might be interested in based on the location and property type you are looking at.