Sold
39 Derby Street,
Rooty Hill 2766, New South Wales
$3,150,000
Property details
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Agents
DA Approved 120-Place Childcare Development Site
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
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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Contact Joseph Assaf
Contact Joseph Assaf
Joseph Assaf
39 Derby Street, Rooty Hill NSW 2766
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Joseph Assaf
39 Derby Street, Rooty Hill NSW 2766