Property Details for 44 Galway St, Seaford
Last Listing description (January 2024)
PREMIUM 20 YEAR EDUCATION INVESTMENT LEASED TO LEADING NATIONAL OPERATOR
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 $364,000pa* + 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 389 757
Jimmy Tat
0439 399 118
Marcello Caspani-Muto
0417 065 777
^NOI is based on FY23 Vendor Outgoings Budget. Prospective purchasers should make their own enquiries. NOI is as at 31 March 2023.
Property History for 44 Galway St, Seaford, VIC 3198
- 14 Apr 2023Listed for Sale Contact Agent
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0About Seaford 3198
The size of Seaford is approximately 12.5 square kilometres. It has 35 parks covering nearly 24.3% of total area. The population of Seaford in 2016 was 16463 people. By 2021 the population was 17215 showing a population growth of 4.6% in the area during that time. The predominant age group in Seaford is 30-39 years. Households in Seaford are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Seaford work in a professional occupation.In 2021, 62.90% of the homes in Seaford were owner-occupied compared with 62.60% in 2016.
Seaford has 10,788 properties. Over the last 5 years, Houses in Seaford have seen a 31.57% increase in median value, while Units have seen a 32.45% increase. As at 31 January 2026:
- The median value for Houses in Seaford is $955,980 while the median value for Units is $691,104.
- Houses have a median rent of $583 while Units have a median rent of $520.
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