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Land/Development

39 Derby Street Rooty Hill, NSW 2766

Sold for $3,150,000 on 18 Aug 2023
  • Building: 1m²
  • Land: 2,170m²
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Land/Development in Rooty Hill

DA Approved 120-Place Childcare Development Site

  • Building: 1m²
  • Land: 2,170m²

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

Building:

1m²

Land:

2,170m² / 0.54 acres

Zone:

R2 Low Density Residential

Tenancy:

Vacant

Categories:

Land/Development, Retail, Offices

39 Derby Street, Rooty Hill, NSW 2766