+5 Photos

SOLD

72 Hartington 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

2,321 m² (*approx)

Selling Method

Auction: Friday 8 November, 4:30pm

Auction Date

8 Nov 2024 04:30PM

Add to calendar

Show All

2. Property Highlights

DA APPROVED CHILDCARE DEVELOPMENT SITE

DA Approved 60 place Childcare Centre ($5,000 + GST per placement)
2,321sqm (approx.) with wide 30m frontage (approx.)
Robust supply and demand ratio of 5 children per licensed childcare place

PRD Real Estate is pleased to present 72 Hartington Street, Rooty Hill which is scheduled for Auction on Friday 8th November, In-Room at 4:30pm: 1/44 Rocky Point Rd, Kogarah NSW 2217.

Offering a remarkable cost-efficient opportunity to acquire a DA approved 60-place childcare centre located in the emerging Western Sydney.

The development has been meticulously designed to ensure the maximum efficiency is achieved and ideal for childcare operators, builders and developers alike to capitalise on this growing childcare sector supported by the NSW government.

Additional Highlights;

Prominent 2,321sqm level site in central position

Existing fibro cottage generating $450 per week

DA approved for 60-places plus 11 staff including 9 educators, 1 director and 1 cook

21 at-grade vehicle parking spaces

Innovative single-level design

Robust supply and demand ratio of 5 children per licensed childcare place in Rooty Hill (Gap maps)

Expected net rental income of $300,000 plus GST per annum upon project completion

5% projected yield for the completed project

Abundance of local primary schools within catchment

Strong housing infrastructure in the area increasing local population

Close proximity to Mount Druitt and Blacktown town centre

Ideal for childcare operators, builders, and developers

To request the IM or Development Approval Plans, please contact Frank Mazzotta or Peter McDonagh from PRD Real Estate.