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Sold on 15 Jul 2024 - Price Unavailable

85 Oramzi Road
Girraween NSW 2145

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 1m2
Land area: 1226m2
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Property Details for 85 Oramzi Rd, Girraween

Building Type
Commercial
Floor Size
1m2
Land Size
1226m2
Local Government
Cumberland
Lot/Plan
324/DP8768

Last Listing description (July 2024)

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

Property History for 85 Oramzi Rd, Girraween, NSW 2145

A timeline of how this property has performed in the market
Last Sold
15 Jul 2024
Listed for Rent
$650/w
29 Apr 2022
  • 15 Jul 2024
    Sold
  • 17 Jun 2024
    Listed for Sale EXPRESSIONS OF INTEREST
  • 28 Jun 2023
    Listed for Rent $630 / week
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About Girraween 2145

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:

  • The median value for Houses in Girraween is $1,267,081 while the median value for Units is $769,968.
  • Houses have a median rent of $720 while Units have a median rent of $600.
There are currently 22 properties listed for sale, and 12 properties listed for rent in Girraween on OnTheHouse. According to CoreLogic's data, 132 properties were sold in the past 12 months in Girraween.

Suburb Insights for Girraween 2145

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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.