CBRE Victorian Health, Aged and Child Care & Victorian Retail Investments are pleased to offer for sale 60 Florey Avenue, Point Cook, via the CBRE Premium Portfolio Auction, Thursday 31st August from 6pm. This is 1 of 4 childcare investments in a portfolio being offered separately.
- Brand new state of the art purpose built childcare investment
- High quality boutique family operator & childcare developer / builder of 20+ year experience
- Nino Early Learning Adventures with strong Melbourne network of 13 trading and forthcoming centres
- New 20 year lease with 10 year option, plus 3% annual increases and 6 month bank guarantee
- Income: $511,200 pa* + GST
- Permit: Childcare centre for 144 children
- Land area/zoning: 2,352sqm* / General Residential Zone GRZ1
- Building area: 1,102sqm*
- Status: Open (near full occupancy within 6 months of opening)
- Undervalued asset class experiencing exceptional demand due to Melbourne's booming population growth
- Investment sector supported by $37billion investment by Federal Government over the next 4 years & subsidies for childcare centre parents
- Attractive depreciation benefits
- Strategic catchment location
*approx.
Open for Inspection to be held at Nino Preston, 365 Bell Street, Preston on Tuesday 29th August at 4pm.
Scott Hawthorne
+61 400 861 048
scott.hawthorne@cbre.com.au
Nathan Mufale
+61 421 224 354
nathan.mufale@cbre.com.au
Alex Brierley
+61 447 974 447
alex.brierley@cbre.com.au
Jing Jun Heng
+61 411 059 116
jj.heng@cbre.com.au
David Minty
+61 422 564 199
david.minty@cbre.com.au
The size of Point Cook is approximately 38.9 square kilometres. It has 97 parks covering nearly 27.7% of total area. The population of Point Cook in 2016 was 49929 people. By 2021 the population was 66781 showing a population growth of 33.8% in the area during that time. The predominant age group in Point Cook is 30-39 years. Households in Point Cook are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Point Cook work in a professional occupation.In 2021, 65.50% of the homes in Point Cook were owner-occupied compared with 67.40% in 2016.
Point Cook has 27,116 properties. Over the last 5 years, Houses in Point Cook have seen a 29.76% increase in median value, while Units have seen a 23.82% increase. As at 31 December 2025:
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