DA Approved – Rare 70 Place Child Care Development Site in High Density Growth Area – Western Sydney

Price: EOI Location: Parramatta, NSW Ref: 4198927
Agent:
Liam Hennessy
Agent Phone:
Office Phone:
ENQUIRE NOW
More Information
Enquire Now
More Information
Property Headline :
DA Approved – Rare 70 Place Child Care Development Site in High Density Growth Area – Western Sydney
Price :
EOI
Category :
Development, Land
Full Description :

This is a must see, calculated and supported 70 Place Child Care development and investment in the Western Sydney suburb of Auburn, 19 kilometers from Sydney’s CBD sitting within the local government jurisdiction of Cumberland City Council.

Rare and Unique Child Care Investment 

  • 1,226m on large double residential block containing 4 tenanted dwellings with a weekly rental income of approx. $2,000
  • Grossing a current yield with Tenants of approx. 3.46%
  • Flexible tenant lease options for immediate or delayed development drawing immediate healthy cash flow
  • Far from the highly populated Child Care operations in the North of Auburn, in which this site is sitting in its own untouched Child Care pocket
  • Desirable swift settlement due to recent DA Approval in early April 2018
  • High Childcare validity due to ideal demographics, age brackets and fast growing density

Site Features 

  • 1,226m2 double site
  • 70 place DA approved early April 2018
  • Private and quiet residential street with easy and direct access to heavy commute main roads
  • 3 primary schools in safe walking distance proximity
  • Realistic above market yield in the vicinity of 5.55% gross
  • Maximum achievable turnover sitting comfortably between $1.5M and $2M
  • Highly operationally efficient layout and design
  • Landowner is an experienced Child Care developer and operator in which has utilised experience and premium Child Care architect
  • Property slopes towards the street frontage supporting an efficient and cost effective build

Suited Child Care Demographics of 2018

  • Auburn has a total population of approx. 42,597
  • Approx. 7,583 dwellings are occupied in Auburn are families
  • Approx. 3,581 children aged between 0 – 4 are residents of Auburn
  • Approx. 17,575 persons aged between 20 – 39 call Auburn home

 

Suited to all Purchasers – From owner operators, to Corporate Child Care Groups and Risk Adverse Property Investors

Informative highly detailed Information Memorandum available outlining property, location, demographic and development growth facts.

To receive further information please complete the below registration: http://www.abbagroup.com.au/?p=4198927#enquire-now

To receive further information please complete the below registration: https://www.abbagroup.com.au?p=4198927#enquire-now

Total Land Area : 1226 Square Metres

Zoning : R2

Tenancy : Vacant Possession

Tenancy Options : Direct lease

Reason for Sale : Experienced Child Care Landowner, Developer and Operator purchased property for exit in mind upon DA Approval

Location : Rare Double Residential Site in Non-Child Care Saturated Pocket of South Auburn

Business Potential : 70 Place Child Care Centre in High and Steady Growth Suburb of Auburn, Supporting Daily Fees of $90 - $110/Place With High Retention Through Demand

Enquire Now

To enquire about this listing, please fill in the form below.