We are excited to present an unparalleled once in a lifetime childcare investment opportunity for an astute buyer. This is a significant landholding with secure investment and development upside.
Situated within 2 minutes of trains, buses & shops and 30 minutes from the CBD. This asset (with a large number of childcare licences) is exceptionally positioned in a pivotal area, and is now entitled for Low & Midrise housing (6 stories).
A small window is open for childcare investors to purchase this property before it goes to auction, and to purchase the licences separately.
This property also has a 3 bedroom immaculately renovated double brick home, additionally commanding exceptional rental opportunities.
FEATURES:
1. Tenancy: Vacant
2. Potential to take advantage of the State Government Low & Mid Rise Housing Proposal (Potential 6 Storey Development Site)
3. Approx 2400msq Block
4. 46m frontage
5. Registered easement
6. 2 minutes to train, buses & shops
7. 30 min to CBD
8. Easy access to M5 & King Georges Road
9. Close to Primary schools
The site area is approximately 2,400m2 with a frontage in excess of 46m.
Price: By Negotiation.
Location: Approximately 200m from Narwee Train Station
Land Area: 2,400m2 (approx).
Large number of licensed places available to purchase
Previous occupancy: 85% - 90% (approx).
Category of care: Long Day Care.
This is a never to be repeated opportunity.
For further details, please contact Gavin Sharp on 0411 725 812 for a confidential discussion.