FOR SALE
EXPRESSIONS OF INTEREST

142 Old Pitt Town Road
Box Hill NSW 2765

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 1m2
Land area: 2045m2
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DA & CC Imminent 80 Place Childcare Site

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)
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Property Details for 142 Old Pitt Town Rd, Box Hill

Building Type
Commercial
Floor Size
1m2
Land Size
2045m2

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About Box Hill 2765

The size of Box Hill is approximately 9.4 square kilometres. It has 2 parks covering nearly 0.5% of total area. The population of Box Hill in 2011 was 1,172 people. By 2016 the population was 906 showing a population decline of 22.7% in the area during that time. The predominant age group in Box Hill is 60-69 years. Households in Box Hill are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Box Hill work in a trades occupation. In 2011, 70.3% of the homes in Box Hill were owner-occupied compared with 67.6% in 2016.

Box Hill has 9,600 properties. Over the last 5 years, Houses in Box Hill have seen a 66.50% increase in median value, while Units have seen a 55.40% increase. As at 30 November 2024:

  • The median value for Houses in Box Hill is $1,315,569 while the median value for Units is $731,334.
  • Houses have a median rent of $783 while Units have a median rent of $610.
There are currently 342 properties listed for sale, and 59 properties listed for rent in Box hill on OnTheHouse. According to CoreLogic's data, 645 properties were sold in the past 12 months in Box hill.

Suburb Insights for Box Hill 2765

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Joseph Assaf
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Troy Wang
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RWC Western Sydney
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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.