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106 South Terrace, BANKSTOWN, NSW 2200

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106 South Terrace, BANKSTOWN, NSW 2200

106 South Terrace, BANKSTOWN, NSW 2200

Properties / Sold / New South Wales / Bankstown
Development Approved

1. Property Summary

Property Type
Child/Healthcare
Sub Type
Child Care
Land Area
962 m² (*approx)
Zoning
R2 Low Density Residential
Selling Method
EOI: AUCTION
Auction Date
29 Mar 2023 11:00AM
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2. Property Highlights

DA Approved Childcare Development Site
  • DA Approved Childcare Site
  • Ideal for Operators and Builders
  • Vendor says SELL!

Ray White Commercial Western Sydney is pleased to present 106 South Terrace, Bankstown for sale via Onsite Auction.

Exceptional DA-approved childcare development site, surrounded by 22 primary schools within a 3km* radius and close proximity to Bankstown CBD.

Ideal opportunity for childcare operators, builders, and developers alike to capitalise on this growing childcare sector supported by the NSW government.

Additional highlights of the property are outlined below:

• DA approved for a 58-place childcare centre

• Child ratio 8 x 0-2 years, 20 x 2-3 years & 30 x 3-5 years

• 3.82 supply and demand ratio which is 35% above compared to NSW average ratio of 2.85^

• 22 primary schools within a 3km* radius of the site

• Potential rental income of $261,000* per annum upon completion

• Motivated vendor willing to meet the market

The property will be offered forsale via Auction, onsite Wednesday 29 March 2023 at 11am.

For more information, please contact the below exclusive selling agents.

* Approximately

^ Source Careforkids and Gapmaps

Remember to mention you found this property on DevelopmentReady

Read More
Development Approved

1. Property Summary

Property Type
Child/Healthcare
Sub-type
Child Care
Land Area
962 m² (*approx)
R2 Low Density Residential
Selling method
EOI: AUCTION
Auction Date
29 Mar 2023 11:00AM

2. Property Highlights

DA Approved Childcare Development Site
  • DA Approved Childcare Site
  • Ideal for Operators and Builders
  • Vendor says SELL!

Ray White Commercial Western Sydney is pleased to present 106 South Terrace, Bankstown for sale via Onsite Auction.

Exceptional DA-approved childcare development site, surrounded by 22 primary schools within a 3km* radius and close proximity to Bankstown CBD.

Ideal opportunity for childcare operators, builders, and developers alike to capitalise on this growing childcare sector supported by the NSW government.

Additional highlights of the property are outlined below:

• DA approved for a 58-place childcare centre

• Child ratio 8 x 0-2 years, 20 x 2-3 years & 30 x 3-5 years

• 3.82 supply and demand ratio which is 35% above compared to NSW average ratio of 2.85^

• 22 primary schools within a 3km* radius of the site

• Potential rental income of $261,000* per annum upon completion

• Motivated vendor willing to meet the market

The property will be offered forsale via Auction, onsite Wednesday 29 March 2023 at 11am.

For more information, please contact the below exclusive selling agents.

* Approximately

^ Source Careforkids and Gapmaps

Remember to mention you found this property on DevelopmentReady

Read More
Development Approved

3. Property Location

106 South Terrace, BANKSTOWN, NSW 2200

Property Map

4. Due Diligence

Site Report Available

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Report Contains

Site Report Available

  • Site Summary
  • Development Pipeline
  • Recent Transactions
  • Surrounding Amenity
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106 South Terrace, BANKSTOWN, NSW 2200 Bankstown