Ray White Commercial Western Sydney is excited to present 85 Oramzi Road, Girraween for sale via Expressions of Interest.
Exceptional opportunity to acquire a DA approved 96-place childcare development site in a highly desirable location surrounded by a multitude of educational facilities.
Perfect for childcare operators, developers and investors to capitalise of this desirable asset class supported by the NSW Government.
Potential rental income of $480,000* per annum reflecting a rate of $5,000 per place upon completion.
Additional highlights of the property are outlined below:
• DA approved for 96-place childcare development site
• Sizable land area of 1,226 sqm*
• Child ratio: 24 x 0-2 years, 24 x 2-3 years, 48 x 3-6 years
• Meticulously designed for efficient construction
• Ideal for childcare operators, builders and developers
• Existing house leased for $750 per week
• 400m* Girraween Public School
• 1km* to Girraween High School
• Close proximity to Pendle Hill Railway Station & Town Centre
• Motivated vendor to meet the market
The property will be offered for sale via Expressions of Interest, closing Wednesday, 17 July 2024 at 3pm.
For more information, please contact the below exclusive selling agents.
* Approximately
The size of Girraween is approximately 2.3 square kilometres. It has 15 parks covering nearly 5% of total area. The population of Girraween in 2011 was 4,691 people. By 2016 the population was 5,605 showing a population growth of 19.5% in the area during that time. The predominant age group in Girraween is 30-39 years. Households in Girraween are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Girraween work in a professional occupation. In 2011, 68.3% of the homes in Girraween were owner-occupied compared with 66.4% in 2016.
Girraween has 2,844 properties. Over the last 5 years, Houses in Girraween have seen a 54.79% increase in median value, while Units have seen a 34.89% increase. As at 31 August 2024:
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