61-63 Princes Highway, PAKENHAM VIC 3810

Pakenham Proposed 137 place Childcare Centre for Lease

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* Proposed 137 place childcare centre for lease with plans ready
* Architecturally impressive single level design with practical and functional layout and configuration
* High exposure site on busy Princes highway with approx. 23,000 cars passing the site daily and 300m from a swim school
* There are at least 17 subdivisions within a 3km radius with a combined total of 2,200+ lots, with 6 of these estates already sold out
* 9 schools within a 3km radius of the site with a combined total enrolment of more than 7,600 students
* Pakenham railway line currently undergoing a $15 billion dollar upgrade which includes the addition of new train station in East Pakenham by 2025
* Fast links to Melbourne CBD via the Monash (M1) Freeway and by express train services
* Located in the South-East Growth corridor, an area that is projected to eventually accommodate a population of 230,000 or more people and has the capacity to provide for at least 86,000 jobs.
* Site is surrounded by residential housing estates either upcoming or under development.
* Total site area 2,877 SQM
* Lease Term – 14 years 364 days (15 years less 1 day) + 10 + 10
* Rent Reviews – 3.5% fixed annual reviews
* Market Reviews – at the expiration of the term

This centre is available For Lease now – Expression of Interest invited

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

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