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Land/Development

142 Old Pitt Town Road Box Hill, NSW 2765

Sold on 19 Dec 2024
  • Building: 1m²
  • Land: 2,045m²
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Land/Development in Box Hill

DA & CC Imminent 80 Place Childcare Site

  • Building: 1m²
  • Land: 2,045m²

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

Building:

1m²

Land:

2,045m² / 0.51 acres

Zone:

R2 Low Density Residential

Tenancy:

Vacant

Categories:

Land/Development, Medical/Consulting, Offices

142 Old Pitt Town Road, Box Hill, NSW 2765