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SOLD

39 Derby Street, Rooty Hill, NSW 2766

Properties / Sold / New South Wales / Rooty Hill

Development Approved

1. Property Summary

Property Type

Child/Healthcare

Sub Type

Child Care

Land Area

2,170 m² (*approx)

Zoning

R2 Low Density Residential

Selling Method

Expressions of Interest: EXPRESSIONS OF INTEREST

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2. Property Highlights

DA Approved 120-Place Childcare Development Site

120-Place Childcare Development Site
Efficient design
Pre-Commitment with A-Grade Operator

Ray White Commercial Western Sydney is pleased to present 39 Derby Street, Rooty Hill for sale via Expressions of Interest.

Phenomenal opportunity to acquire this DA-approved 120-place childcare centre in such a highly sought-after location.

The site has been pre-committed by Young Academic Early Learning Centre on a 15 + 10 + 10 years lease term at a rental of $540,000 per annum + GST reflecting a rate of $4500 per place. Fixed annual increases of 3% with tenants liable for 100% of outgoings.

Excellent opportunity to capitalise on the booming childcare sector, strengthened by continuous government support and the recent announcement of a $4.5 billion increase to the Child Care Subsidy (CCS) from July 2023.

Additional highlights of the property are outlined below:

• DA approved 120-place childcare development site

• Child ratio 20 x 0-2 years, 40 x 2-3 years, 30 x 3-4 years & 30 x 4-5 years

• Innovative single-level design over basement car parking

• Site area 2,170m2*

• Surrounded by 18 primary schools

• Close proximity to Rooty Hill Railway Station and shops

• Realistic vendors to meet the market

The property will be offered for sale via Expressions of Interest, closing Wednesday 2 August 2023 at 3pm.

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

*Approximately

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