OFF MARKET

12 Lucas Avenue
Moorebank NSW 2170

Bedrooms: 3
Bathrooms: 1
Car spaces: 2
Floor area: 104m2
Land area: 921m2
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Property Details for 12 Lucas Ave, Moorebank

Building Type
Land
Floor Size
104m2
Land Size
921m2
Local Government
Liverpool
Lot/Plan
9/DP228324

Last Listing description (October 2024)

RWC Western Sydney is pleased to present 10-12 Lucas Avenue, Moorebank for sale via Expressions of Interest.

Remarkable opportunity to acquire this prime concept 130-place childcare development site bolstering a strong 5.01:1 supply and demand ratio within 3km*.

The flexible R3 Medium Density zoning allows for various developments including childcare, boarding houses, multi dwelling housing and more^ (STCA).

Ideal for childcare operators, builders and developers alike to capitalise on the ongoing funding provided by the NSW Government towards the childcare sector.

Additional highlights of the property are outlined below:

Concept plans for 130-place childcare centre
Strong Supply and Demand ratio of 5.01:1 within 3km*
Potential income of $624,000* net per annum on completion (equating to $4,800 per place)
Site Area 1,630.1sqm*
R3 Medium Density Zoning
Ideal for childcare operators, builders and developers
300m* to Moorebank Shopping Village
400m* to Nuwarra Public School
Vendor says Sell!

The property will be offered for sale via Expressions of Interest, closing Wednesday 9 October 2024 at 3:00pm.

For more information, please contact the below exclusive selling agents.

* Approximately
^ Subject to Council Approval

Property History for 12 Lucas Ave, Moorebank, NSW 2170

A timeline of how this property has performed in the market
Last Sold
$1,320,000
21 Aug 2023
  • 06 Sep 2024
    Listed for Sale EXPRESSIONS OF INTEREST
  • 21 Aug 2023
    Sold for $1,320,000
  • 31 Jul 2023
    Listed for Sale Contact Agent
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About Moorebank 2170

The size of Moorebank is approximately 12.3 square kilometres. It has 38 parks covering nearly 15.4% of total area. The population of Moorebank in 2011 was 7,596 people. By 2016 the population was 9,750 showing a population growth of 28.4% in the area during that time. The predominant age group in Moorebank is 0-9 years. Households in Moorebank are primarily couples with children and are likely to be repaying $3000 - $3999 per month on mortgage repayments. In general, people in Moorebank work in a professional occupation. In 2011, 78.2% of the homes in Moorebank were owner-occupied compared with 80% in 2016.

Moorebank has 5,047 properties. Over the last 5 years, Houses in Moorebank have seen a 59.17% increase in median value, while Units have seen a 27.25% increase. As at 31 October 2024:

  • The median value for Houses in Moorebank is $1,311,200 while the median value for Units is $733,551.
  • Houses have a median rent of $800 while Units have a median rent of $680.
There are currently 22 properties listed for sale, and 11 properties listed for rent in Moorebank on OnTheHouse. According to CoreLogic's data, 209 properties were sold in the past 12 months in Moorebank.

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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.