* DA Approved 60 place Childcare Centre ($5,000 + GST per placement)* Expected net rental income of $300,000 + GST pa upon project completion * 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.
