Stonebridge National Investment Sales is pleased to present to the market 56 Army Road, Pakenham for sale via Expressions of Interest closing Friday 28th October 2022 at 3pm (AEDT).
The asset has the following key investment features:
- Secure brand new 20 year net lease to 2043 + 2 x 10 year options to 2063 with 3% fixed annual rent increases
- Eden Academy is an experienced operator with 20+ centres nationally
- Strategically designed, state-of-the-art childcare centre with 743 sqm* internal rooms and 784 sqm* outdoor play area
- Construction commencing shortly (Planning Permit Approved August 2022) providing strong depreciation benefits
- Prominently located opposite the Pakenham Hills Primary School, providing incredible convenience for before / after school care for families
- Pakenham - located 53 km south-east of Melbourne CBD with excellent linkage to surrounding areas via Princes Highway
- High profile 2,239 sqm* site with capacity for 110 childcare places
- Pakenham - high growth pocket with forecast population growth to 200,238* by 2041
- Recession Proof investment with $11 billion of Government investment in the 2022 Federal Budget confirmed for the Childcare Sector
- Net income $388,775 p.a.* + GST
*Approximate
Please contact the exclusively appointed Stonebridge property professionals for more information.
Rorey James
0439 400 081
Kevin Tong
0422 848 818
Tom Moreland
0408 072 822
Property Code: 499
The size of Pakenham is approximately 85.9 square kilometres. There are 124 parks, covering nearly 5.8% of the total area. The population of Pakenham in 2016 was 46421 people. By 2021 the population was 54118 showing a population growth of 16.6% in the area during that time. The predominant age group in Pakenham is 30-39 years. Households in Pakenham are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Pakenham work in a trades occupation.In 2021, 65.00% of the homes in Pakenham were owner-occupied compared with 65.00% in 2016.
Pakenham has 27,505 properties. Over the last 5 years, Houses in Pakenham have seen a 24.02% increase in median value, while Units have seen a 26.87% increase. As at 31 May 2026:
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