R4 Zoned Tenanted and Operating Child Care Freehold Investment – 70 Places – Multi-Story Residential and Commercial Development Upside

Price: $5,350,000 Location: Western Sydney, NSW Ref: 4196926
Agent:
Liam Hennessy
Agent Phone:
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Business Headline :
R4 Zoned Tenanted and Operating Child Care Freehold Investment – 70 Places – Multi-Story Residential and Commercial Development Upside
Price :
$5,350,000
Category :
Education/Training, Child Care
Full Description :

This is a tenanted Child Care freehold sale of 2,199m2 in the highly desirable R4 zoned pocket of land in Seven Hills, 34km west of Sydney’s CBD. This Child Care Centre began operation in 2014 and caters to 67 licensed places, DA approved for 70 places and high probability of increasing DA to 75 licensed places with an annual increase of more than $30,000 p/a. 

Current annual rent is $225,209 P/A in which has been calculated at 13% of maximum achievable turnover. 

This freehold Child Care Centre is owned and operated by the same owners, in which flexibility around terms of sale are able to be handled with great efficiency. 

Further to the freehold for sale occupying the operating Child Care Centre, the land is zoned R4 with high development upside for multi-story residential dwellings and/or commercial suites. 

Freehold Summary:

  • Licensed and Operating at 67 Places
  • DA Approved for 70 Places and high probability of increase to 75 Places ($30,000 Plus) rent P/A
  • 2,199m2 of R4 Land
  • Lease Expires 2024 with 10 + 10 year options
  • Operates 5 days a week, 52 weeks a year
  • Surrounded by undeveloped R4 land
  • Large increase of multi-storey dwelling density in the proximity of the centre
  • Tenanted Child Care investment of $216,547 rent P/A
  • Multi-Storey dwelling and commercial suite development capability on this site
  • Opposite Seven Hills major express railway station (3 stops to CBD) and highly occupied car park facilities during the working week
  • Close proximity to large commercial retail facilities and shopping centres 
  • High volume of primary schooling within walking distance

This freehold sale is ideal for an investor sourcing a secured tenanted investment or property developer looking to maximise unutilised R4 zoned land with tenanted income prior to development.

To receive further information please complete the below registration: http://www.abbagroup.com.au/?p=4196926#enquire-now

To receive further information please complete the below registration: https://www.abbagroup.com.au?p=4196926#enquire-now

Annual Rent : $225,209 - Weekly Rent : $4,331

Annual Turnover : $1,732,380 - Weekly Turnover : $33,315

Annual Gross Profit : Not Disclosed - Weekly Gross Profit : Not Disclosed

Annual Ebit : $163,464 - Weekly Ebit : $3,144

Premise : Leased

Lease Commencement : Aug 2014

Lease End : Jul 2024

Lease Option: 10 + 10 years

Current Outgoings pa: $2,800

Total Land Area : 2199 Square Metres

Total No of Parking : 21

Franchise : No

Year Established : 2014

Days Trading : 5 days - 52 Weeks

Reason for Sale : The Landowner whom is Also the Operating Tenant is Divesting Their Current Child Care Freehold Assets for Further Child Care Development and Acquisitions

Location : Prime Location Opposite Express Train Station Only 3 Stops from the Sydney CBD, Close to Major Shopping Centre’s and Consumer Retailers, in the Heart of R4 Zoned Land, Surrounded by Vacant Sights Imminent for Development of Multi Store Dwellings and Commercial Suites

Business Potential : As a Child Care Centre, Price/Place Rates are in a Position for Substantial Increase, Taking up the DA Approval of 70 Places and/or Increasing Current License to 75 Places and Therefore Rent Increases - As a Development Site, Due to R4 Zoning, the Ability for Multi Story Strata or Commercial Development is Achievable and Highly Desirable with Rental Income Prior to Development

Parking Comments : 21 cars - Non-Basement

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