47 Butmaroo Street Bungendore NSW 2621

Knight Frank is pleased to present 47 Butmaroo Street, Bungendore a rare opportunity to secure a significant landholding in one of the region's most tightly held and fast-growing townships.

Positioned on a generous 1,945 sqm* flat, rectangular block, this property offers immediate development potential with Development Approval (DA) in place for a 71-place childcare centre a highly sought-after asset in the thriving Bungendore community.

Currently occupying the site is a charming 2-bedroom, 1-bathroom cottage, providing holding income through an existing residential tenancy.

Located just moments from Bungendore's town centre, schools, and local amenities, this site is ideally situated to capitalise on strong demand for quality childcare services in the area. With its approved plans and prime positioning, 47 Butmaroo Street presents an ideal opportunity for developers, investors, or operators looking to enter the childcare sector or expand their portfolio.

Make use of the existing DA approval or explore the wide array of alternative development opportunities permitted under the E1 Local Centre zoning

Bungendore, located just 30 minutes from Canberra, is experiencing significant growth. Population projections suggest that the town's population could triple by 2048, driven by infrastructure developments and its appeal as a commuter hub.

Key Highlights:

- DA approved for 71 place childcare centre
- 1,945 sqm site with dual access
- Holding income
- Ratio: 3.77 children 0-5 years old per Long Day Care place
- Favourable E1 zoning allowing a wide range of alternate uses

For more information please contact the exclusive agents, James Baker and Lucas Brinkmeyer of Knight Frank Canberra.