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
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Propriété ID: 504731840