Occupy or Invest Establish New Childcare Centre | Prime Location Opposite Train Station
CBRE Australian Healthcare & Social Infrastructure is pleased to present 1 Melfort Avenue, Essendon, a rare opportunity to acquire a vacant, purpose-built childcare facility in one of Melbourne’s most tightly held and affluent inner-northern suburbs.
Approved for 124 childcare places, the property spans three (3) dedicated childcare levels and delivers more than 870 sqm* of outdoor play area distributed across the upper levels, exceeding minimum regulatory requirements. Ground-floor car parking provides 27 spaces, including an automated car stacker system, adding meaningful operational convenience. The asset appeals across a broad buyer profile, from established operators seeking immediate occupation to investors looking to attract a quality long-term tenant to a well-located, purpose-built asset in one of Melbourne's most sought-after suburbs.
The property occupies a strategic position overlooking Strathmore train station, providing excellent exposure and convenience for parents, with strong daily commuter activity enhancing its accessibility and profile.
Located in Essendon, just 8km from the Melbourne CBD, the asset is surrounded by quality housing, prestigious schools and key lifestyle amenity, supporting a strong and established family demographic. Proximity to Strathmore’s retail precinct (2.1km*), Strathmore Railway Station (100m*), Pascoe Vale Road (100m*) and CityLink (600m*) further enhances connectivity and operational appeal.
The property is offered with vacant possession, allowing buyers to occupy, lease or hold in a tightly held suburb with strong catchment characteristics, while benefiting from significant stamp duty concessions and attractive depreciation advantages on a purpose-built asset.
Overview:
+ A rare opportunity to acquire a purpose-designed, 124-place childcare facility offering immediate scale across three dedicated childcare levels and more than 880 sqm of outdoor play area
+ Architecturally designed to contemporary early learning standards, the centre provides three childcare levels above a ground-floor car park with 27 spaces, including an automated car stacker system
+ Positioned across three (3) level with building area of 1,617 sqm, the building maintaining strong street presence and practical accessibility for families and staff
+ The property offers flexibility for a range of buyers, including owner-operators, passive investors and childcare groups looking to expand their network
Location:
+ Strategically positioned at 1 Melfort Avenue, Essendon, within an affluent inner-northern suburb just 8km from Melbourne CBD, benefiting from a well-established and family-oriented catchment
+ Directly overlooking Strathmore Railway Station (100m*), the property benefits from exceptional visibility and daily exposure to a high volume of commuter traffic, providing a natural profile advantage for any incoming operator
+ Surrounded by a range of reputable primary and secondary schools including Strathmore Primary School (1.3km*), St Vincent de Paul Primary School (330m*), Strathmore Secondary College (600m*) and Penleigh and Essendon Grammar School (4.9km*), supporting consistent and long-term childcare demand
+ Excellent proximity to key healthcare and medical infrastructure including Strathmore Family Medical Centre (120m*), Essendon Family Medical Clinic (950m*) and a range of nearby medical centres and allied health services, reinforcing the amenity-rich nature of the location
+ Positioned close to major retail precincts including Essendon Fields (3.5km*), DFO Essendon (2.0km*) and Moonee Ponds Central (2.4km*), anchored by major national tenants such as Coles, Woolworths, Kmart and Aldi, providing strong daily convenience and foot traffic
To be sold via expression of interest closing on Wednesday 21st October at 2:00pm (AEDT)
For further information, please contact the exclusive sales and marketing agents:
Jimmy Tat
+61 439 399 118
Marcello Caspani-Muto
+61 417 065 777
Sandro Peluso
0418 389 757
approx*
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