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19 Cambridge Road
Mooroolbark VIC 3138

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 1720m2
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Premium Childcare Development Opportunity

Site Area: 1,720 sqm (approx.)
Zoning: General Residential Zone (GRZ1)
Development Type: Approved premium childcare facility (S.T.C.A.)
Capacity: 114 places (S.T.C.A.)
Investment Highlights:
Secure Lease: Current signed agreement for lease at $500,000 per year for 20 years*
Established Demand: Situated in a high-demand corridor of Melbourne, surrounded by retail and lifestyle amenities
Architectural Excellence: Designed by a world-class consultancy team, ensuring a state-of-the-art facility
Lifestyle Amenities:
Close proximity to various retail and lifestyle options, enhancing appeal for families and operators alike.
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Property Details for 19 Cambridge Rd, Mooroolbark

Building Type
Land
Land Size
1720m2

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About Mooroolbark 3138

The size of Mooroolbark is approximately 12.4 square kilometres. It has 44 parks covering nearly 8.7% of total area. The population of Mooroolbark in 2011 was 20,689 people. By 2016 the population was 21,968 showing a population growth of 6.2% in the area during that time. The predominant age group in Mooroolbark is 20-29 years. Households in Mooroolbark are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Mooroolbark work in a trades occupation. In 2011, 80.2% of the homes in Mooroolbark were owner-occupied compared with 78.8% in 2016.

Mooroolbark has 10,418 properties. Over the last 5 years, Houses in Mooroolbark have seen a 23.32% increase in median value, while Units have seen a 18.35% increase. As at 30 November 2024:

  • The median value for Houses in Mooroolbark is $888,492 while the median value for Units is $654,113.
  • Houses have a median rent of $583 while Units have a median rent of $550.
There are currently 23 properties listed for sale, and 5 properties listed for rent in Mooroolbark on OnTheHouse. According to CoreLogic's data, 416 properties were sold in the past 12 months in Mooroolbark.

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Dennis Shi
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Linda Pan
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Ray White Box Hill
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