53 James Street

Punchbowl NSW 2196

Subject to approval, the site is an ideal chance for the discerning developer to create a child care facility. With an estimated 90 child capacity (depending on architectural design), there is exceptional potential for a significant cash flow of approximately $67k per week (average) at standard care market rates.

51 James Street has two well presented 3 bedroom, 2 bathroom, single garage homes on a single title, whilst 53 James Street is currently uninhabitable. There is also the possibility of subdividing and developing 4 freestanding residences, subject of course to the appropriate permission. Well placed just a 20 min walk/6 min drive to both Punchbowl and Bankstown stations and shopping amenities, it is also 1.6km to Punchbowl Public School and a 6 minute drive to the M5.

- Two separate titles with a combined land size of 1840.1sqm
- 3 freestanding family homes included to be sold in one line
- Combined both parcels have a nearly 27m street frontage
- Rare opportunity to create a 90 place childcare facility STCA
- Potential income of $67k per week at standard market rates
- 51 has two superb 3 bed, 2 bath, 1 car homes on a single title
- 53 James Street residence is currently uninhabitable as is
- Possibility of subdividing/creating 4 freestanding homes
- 20 min walk to Punchbowl and Bankstown stations, shops
- 1.6km to Punchbowl Public School, 6 minute drive to the M5