55 McKenzie Street Melton VIC 3337

+ Prime 1,012 sqm site with DA approval for 110 place child care facility
+ Architecturally designed two-storey facility with basement parking for 19 cars
+ Outstanding opportunity for either a developer or an owner / operator to construct within an existing residential location
+ Positioned metres from Melton's main retail shopping strip, ALDI, and Woodgrove Shopping Centre underpinned by Woolworth/Coles and 165 specialty stores.
+ Located within easy access of both the Western Freeway and Melton Highway and only 35 kilometres west from Melbourne's CBD
+ Childcare/Early Education is an essential service and one of Australia's most sought-after asset classes, with both Federal and State Governments providing record funding. In the 2021-22 Federal Budget, the Federal Government added a further $1.7 billion to the $10.3 billion already budgeted for the year.*
+ City of Melton: One of the fastest growing municipalities in Australia, home to 172,500 people, supporting 26,139 jobs and has an annual economic output of $8.074 billion

For Sale by Expressions of Interest
Closing 3pm (AEDT) Wednesday 20 October 2021

*Mitchell Institute, Australian Investment in Education: Early Learning.