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72 Hartington Street ROOTY HILL 1
72 Hartington Street ROOTY HILL 2
72 Hartington Street ROOTY HILL 3
72 Hartington Street ROOTY HILL 4
72 Hartington Street ROOTY HILL 5
72 Hartington Street ROOTY HILL 6

72 Hartington Street
rooty hill
NSW, 2766

SOLD

Sold for $3,001,000

listing rooms 3
listing bathrooms 1
listing parking 1
Land: 2321 sqm

DA APPROVED 60 PLACE CHILDCARE DEVELOPMENT SITE

* DA Approved 60 place Childcare Centre ($5,000 + GST per placement)
* Expected net rental income of $300,000 + GST pa upon project completion
* 2,321sqm (approx.) with wide 30m frontage (approx.)
* Robust supply and demand ratio of 5 children per licensed childcare place

PRD Real Estate is pleased to present 72 Hartington Street, Rooty Hill which is scheduled for Auction on Friday 8th November, In-Room at 4:30pm: 1/44 Rocky Point Rd, Kogarah NSW 2217.

Offering a remarkable cost-efficient opportunity to acquire a DA approved 60-place childcare centre located in the emerging Western Sydney.

The development has been meticulously designed to ensure the maximum efficiency is achieved and ideal for childcare operators, builders and developers alike to capitalise on this growing childcare sector supported by the NSW government.

Additional Highlights;
* Prominent 2,321sqm level site in central position
* Existing fibro cottage generating $450 per week
* DA approved for 60-places plus 11 staff including 9 educators, 1 director and 1 cook
* 21 at-grade vehicle parking spaces
* Innovative single-level design
* Robust supply and demand ratio of 5 children per licensed childcare place in Rooty Hill (Gap maps)
* Expected net rental income of $300,000 plus GST per annum upon project completion
* 5% projected yield for the completed project
* Abundance of local primary schools within catchment
* Strong housing infrastructure in the area increasing local population
* Close proximity to Mount Druitt and Blacktown town centre
* Ideal for childcare operators, builders, and developers

To request the IM or Development Approval Plans, please contact Frank Mazzotta or Peter McDonagh from PRD Real Estate.

Agents

Nearby Schools

About rooty hill

median house price

950000

suburb growth

8.9%

median house rent

620

suburb rental yield

3.4%

Similar Properties

Source: Suburb Flyover Report Series, APM Pricefinder. PRD does not give any warranty in relation to the accuracy of the information contained in this report. If you intend to rely upon the information contained herein, you must take note that the Information, figures and projections have been provided by various sources and have not been verified by us. We have no belief one way or the other in relation to the accuracy of such information, figures and projections. PRD will not be liable for any loss or damage resulting from any statement, figure, calculation or any other information that you rely upon that is contained in the material. Prepared by PRD Research © All medians and volumes are calculated by PRD Research. Use with written permission only. All other responsibilities disclaimed.

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