RWC Western Sydney proudly presents 142 Old Pitt Town Road, Box Hill, available for sale via Expressions of Interest.
Phenomenal opportunity to acquire a DA Approved & CC Imminent 80-place childcare development site in the thriving Northwest growth corridor.
Pre committed Agreement For Lease (AFL) with a highly reputable and experienced operator for $440,000 per annum (equating to $5,500 per place) upon completion. Includes the greater of 3% or CPI (capped at 5%) annual increases with the tenant liable for 100% of outgoings.
Ready for the experienced investor, builder/ developer to take advantage of this DA Approved & CC Imminent 80 Place childcare development site. All the hard work has been completed.
Box Hill currently has a population of 11,349 with a projected forecast to reach 30,197 by 2036^, offering a remarkable opportunity to capitalise upon.
Highlighted features include:
• DA approval for 80 places
• Childcare ratio: 20 x 0-2 years, 20 x 2-3 years, 40 x 3-6 years
• Expansive land area of 2,045 sqm*
• Pre-committed lease of $440,000 per annum ($5,500 per place)
• Proposed new primary school in Box Hill/The Gables under the Manufacturing for Schools program^
• Close proximity (2 km*) to Santa Sophia Catholic College
• Anticipated benefits from the burgeoning community at Box Hill and Box Hill Industrial, with up to 9,600 new homes and an envisaged 16,000 new jobs upon full development.
• Situated in one of the fastest growth corridors
• Ideal for childcare investors, builders and developer
• Realistic vendors
The property will be offered for sale via Expressions of Interest, Closing Thursday 5 December 2024 at 3pm (Unless Sold Prior).
For more information, please contact the below exclusive selling agents.
* Approximately