60 Florey Avenue, Point Cook, VIC 3030 | Property Value & History | OnTheHouse
OFF MARKET

60 Florey Avenue
Point Cook VIC 3030

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 2352m2
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Property Details for 60 Florey Ave, Point Cook

Building Type
Commercial
Land Size
2352m2
Local Government
Wyndham
Lot/Plan
PC376522

Last Listing description (September 2021)

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

Property History for 60 Florey Ave, Point Cook, VIC 3030

A timeline of how this property has performed in the market
Last Sold
$10,000,000
31 Aug 2017
  • 02 Sep 2021
    Listed for Sale SOLD - $10,000,000
  • 31 Aug 2017
    Sold for $10,000,000
  • 04 Aug 2017
    Listed for Sale Not Disclosed
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About Point Cook 3030

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:

  • The median value for Houses in Point Cook is $899,158 while the median value for Units is $624,377.
  • Houses have a median rent of $565 while Units have a median rent of $525.
There are currently 161 properties listed for sale, and 61 properties listed for rent in Point cook on OnTheHouse. According to Cotality's data, 1287 properties were sold in the past 12 months in Point cook.

Suburb Insights for Point Cook 3030

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Cotality Copyright and Legal Disclaimers about Property Data
Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.