1536-1538 Heatherton Road, DANDENONG VIC 3175

LEASED! LEASED! 91 place Childcare Centre with approved Town Planning Permit

• Positioned on a major arterial with accessibility to Eastlink (M3) tollway and Monash Freeway (M1) as well as several major shopping precincts including the iconic Dandenong Markets, Melbourne’s 2nd largest market.
• Great street frontage to showcase your business on busy Heatherton Road with approx. 26,000 commuters passing the site daily.
• Demand for childcare in the catchment areas, averaging 4.44 children aged 0-5 years per place for long day places.
• Located in an educational precinct with 4 schools located within a 1.5km radius and a combined total of more than 3,000 students between them.
• Long day care fees in this catchment are as high as $140 per child per day.
• Less than 400m from Dandenong Oasis, with a $60 million redevelopment of the Recreational & Wellbeing centre planned for 2023 and completion estimated for 2025.
• The Victorian Government has committed $290 million to the Revitalising Central Dandenong (RCD) initiative which will inject $600 million into the Dandenong economy during its development and construction phase.
• Located in the City of Greater Dandenong which is experiencing steady and sustained growth that offers outstanding potential for this architect designed centre with stunning features.
• Easy access to amenities with The Armada Dandenong Plaza and Endeavour Hills Shopping Centre both within a 3km radius.
• Located in the City of Greater Dandenong, between 2021 and 2031 the population for the area is projected to increase from 64,976 to 69,560 residents.
• Land Size: 1,652m2 (approx.) | Building Area: 583m2 (approx.)
• Lease terms: 15 + 10 + 10
• Rent Reviews: 3.5% fixed annual review

LEASED!

Contact Wendy Zhou 0422 011 188 to receive a detailed information memorandum and lease documentation.

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ASL Real Estate and/or their agents, for themselves and for the vendor of this property for whom they act give notice that (i) All information given in relation to this property, whether contained in this document or given orally, is given without responsibility, (ii) Intending purchasers should satisfy themselves as to the accuracy or truth of all information given by their own inspections, searches, inquiries, advices or as is otherwise necessary. (iii) No person in the employment of ASL Property Group has any authority to make or give any representation or warranty.

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