Description
POINT OF INTEREST:
Doncaster’s affluent are about to have a superior choice in childcare, and your portfolio is about to take on its best investment yet. Sitting on 1,326.7 sqm* of land, this site has an approved planning permit for a 104-place Childcare centre. The building will stand over two levels and has been meticulously designed for a straightforward construction schedule and versatility in function, as the site could also be used for residential development if that’s your ambition. But when you consider that Doncaster has one of the highest demands for quality Childcare in the north / east region of Melbourne, it makes plenty more sense (and cents) to harness what’s already been done for you. And as for what’s on the block, this section pretty much backs onto Doncaster Gardens Primary School, Domaine Retirement Living is a little further down the road, and the 279/295/318 bus stop services Victoria Street. Travelling a couple hundred more metres gets you to Doncaster Road, where Aldi, local cafés, and buzzing hospitality brings the community together.
- Approved planning permit for a 104-place Childcare centre.
- 1,326.7 sqm* of total land area.
- 300 metres* to Doncaster Gardens Primary School.
- 50 metre* frontage.
- Currently, Lots 42 and 44 have single-level three-bedroom homes suitable for holding income.
- General residential 1 zoning.
- 500 m* to Doncaster Road.
- 1.7 km* to the Eastern Freeway.
POINT OF VIEW:
Doncaster’s dominant demographic: Couples with children. Taking up 28.5% of household types, investing in exactly what the demographic ordered will see demand swell year on year, much like your ROI.
*Approx.
Pricing excludes GST
