Colliers is thrilled to announce 27-29 Waratah Road, Engadine. In the tightly held Sutherland Shire childcare market, Waratah Road presents a rare opportunity to acquire a DA Approved 110-place childcare centre in an outstanding location.
Development Highlights:
- DA Approved 110-place childcare centre
- Significant childcare demand region
- Potential income of $577,500* or greater per annum
- Limited Vacancies at existing centres leading to Hourly Fees growing 8.96% annually
- Strategic 1,397m²* site surrounded by residential development
- Centred within 1km of five of the six local schools
- 500m from Engadine Town Centre
- Landmark design minimising major construction costs
Supported by ongoing government funding, growing population and significant demand, the childcare industry has quickly become one of the most secure and profitable commercial property asset classes for investment. When coupled with Engadine's ongoing development, access to amenity and lack of competition, 27-29 Waratah Road presents outstanding fundamentals for value.
27-29 Waratah Road is For Sale via Expressions of Interest closing Wednesday 25th of September at 3pm (AEDT.
For further information, please contact one of the Colliers experts nominated below
