FOR SALE
$1,199,000 - $1,299,000

27 Frazer Avenue
Lurnea NSW 2170

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 0.0715ha
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Profitable Freehold Childcare Centre

Summary
This is an exceptional investment opportunity to build and own a brand new childcare center in a thriving area of Sydney's South West. Licensed for 40 children, this center offers a unique chance for an investor or operator interested in smaller operations.
About the Business
Key Features of this investment:
- Freedom of building your dream home or duplex STCA (subject to council approval) or use existing DA 22079
- Freehold ownership, providing stability and long-term value.
- Managed by yourself or a nominated supervisor, offering a smooth operational transition
- Spacious layout with large rooms for different age groups, plus a director's room, staff room, large kitchen, and laundry facilities.
- Beautifully designed outdoor areas with high-quality resources that create an engaging environment for children.
- Service and DA approval for 40 children, 6 teachers - making it compliant with all necessary regulations.
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Property Details for 27 Frazer Ave, Lurnea

27 Frazer Ave, Lurnea is a 0 bedroom, 0 bathroom House. The property has a land size of 0.0715ha. The place is currently for sale with LJ Hooker Casula.

Building Type
House
Land Size
0.0715ha

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About Lurnea 2170

The size of Lurnea is approximately 2.6 square kilometres. It has 14 parks covering nearly 10.5% of total area. The population of Lurnea in 2011 was 8,610 people. By 2016 the population was 9,330 showing a population growth of 8.4% in the area during that time. The predominant age group in Lurnea is 0-9 years. Households in Lurnea are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Lurnea work in a trades occupation. In 2011, 59.4% of the homes in Lurnea were owner-occupied compared with 57.2% in 2016.

Lurnea has 3,314 properties. Over the last 5 years, Houses in Lurnea have seen a 54.95% increase in median value, while Units have seen a 44.48% increase. As at 31 October 2024:

  • The median value for Houses in Lurnea is $950,127 while the median value for Units is $682,950.
  • Houses have a median rent of $600 while Units have a median rent of $550.
There are currently 10 properties listed for sale, and 7 properties listed for rent in Lurnea on OnTheHouse. According to CoreLogic's data, 118 properties were sold in the past 12 months in Lurnea.

Suburb Insights for Lurnea 2170

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Contact agent
Ilce Dimeski
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LJ Hooker Casula
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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.