24 Whitford Way, Frankston, VIC 3199
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Rare Childcare Development Site With Permit!

Offered with approved permits for a 90 place childcare centre, this rare opportunity is not to be over-looked with the hard work already taken care of!

The subject property comprises a 1,412m2* land parcel on a corner allotment, located on the outskirts of the Karingal Major Activity Centre Structure Plan offering unrivalled positioning with massive future growth forecast for the area.

24 Whitford Way is situated within close proximity to schools, parks and major arterial roads including Cranbourne Road (440m*) and Mornington-Peninsula Freeway/Peninsula Link (760m*). Karingal Hub Shopping Centre is located 500m* away which is currently undergoing a $160 million dollar expansion. The improved centre will host occupants including ALDI, Woolworths, Coles, Village Cinemas, Big W, and many more retail, entertainment and hospitality offerings.  

Current improvements comprise a 495m2* single level house / retail building currently utilised as a General Store with a month-to-month tenancy returning $2,383.33 per calendar month plus GST.

Property / Development Summary:

- Total land area: 1,412m2*

- Approved 90 place childcare permit

- Proposed 491m2* two-level facility with lift

- Corner allotment with dual street frontage

- Existing retail building comprising 150m2*

- Located on the border of the Karingal Major Activity Centre Structure Plan


Pricing excludes GST


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