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CHILDCARE CENTRE

Chelsea, VIC

In the heart of Chelsea, our innovative childcare centre development stands as a hallmark of quality and opportunity. Chelsea is located in Port Phillip and is the most important bayside suburban centre between Mordialloc and Frankston, which has experienced impressive growth in recent years attracting an influx of newcomer professionals and young families eager to buy into a great lifestyle in an affordable location. With a slated completion date in the fourth quarter of 2025, this project is poised to swiftly meet the burgeoning population surge and the necessity for top-tier childcare services within the region.

Spanning across an expansive 1,195 square metres, our state-of-the-art facility showcases a thoughtfully designed double-storey layout with convenient basement parking, ensuring ease for both parents and staff. Presenting contemporary early learning spaces for 112 children and inspired by the wonders and beauty of the bayside district, our facility provides an expansive sanctuary where children can engage in safe play, thrive, and commence their educational odyssey.

Devio Property in Chelsea VIC

PROJECTED COMPLETION

2025 (Q4)

LAND SIZE (SQM)

1,195

LICENSED SPOTS

112

LDC DEMAND RATIO

3.12 children per licensed place 

BUILD TYPE

Double storey with basement parking

AVERAGE DAILY FEES

$170

NEIGHBOURING SCHOOLS

Chelsea Primary School (0.70km), St Joseph's School (0.72km) and Chelsea Heights Primary School (1.6km)

ANTICIPATED ANNUAL RENT FROM CHILDCARE OPERATOR (EXC GST)

$504,000

MARKET END VALUATION 
(5% CAP RATE)

$10,080,000

CLIENT TESTIMONIAL

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