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Sold on 03 Apr 2024 - Price Unavailable

98/98 Elizabeth Street
Riverstone NSW 2765

Bedrooms: 4
Bathrooms: 4
Car spaces: 2
Land area: 1113m2
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Property Details for 98/98-A Elizabeth St, Riverstone

Building Type
Land
Land Size
1113m2
Local Government
Blacktown

Last Listing description (May 2024)

RWC Western Sydney is pleased to present 98 & 98a Elizabeth Street, Riverstone for sale via Expressions of Interest.

A phenomenal opportunity to acquire this strategically located childcare development site situated amongst a plethora of surrounding schools.

The development has been efficiently designed to consist of a single level basement and one level above ground with the Construction Certificate in progress.

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:

DA approved and CC in progress for 54 places
Child ratio: 4 x 0-2 years, 10 x 2-3 years, 40 x 3-5 years
Potential income of $270,000* net per annum upon completion
Site area 1,112.8m2*
Located opposite Riverstone Public School
250m* from Norwest Christian College
300m* from St John's Primary School
Close proximity to CASA estate (800* lot residential subdivision)
Ideal for childcare operators, builders and developers
Under instructions to sell

The property will be offered for sale via Expressions of Interest, closing Wednesday 17 April 2024 at 3:00pm.

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

* Approximately

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Property History for 98/98-A Elizabeth St, Riverstone, NSW 2765

A timeline of how this property has performed in the market
Last Sold
03 Apr 2024
  • 03 Apr 2024
    Sold
  • 14 Mar 2024
    Listed for Sale EXPRESSIONS OF INTEREST
  • 07 Aug 2017
    Listed for Sale Not Disclosed
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About Riverstone 2765

The size of Riverstone is approximately 5.5 square kilometres. It has 9 parks covering nearly 3.3% of total area. The population of Riverstone in 2011 was 6,193 people. By 2016 the population was 7,248 showing a population growth of 17.0% in the area during that time. The predominant age group in Riverstone is 30-39 years. Households in Riverstone are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Riverstone work in a trades occupation. In 2011, 66.1% of the homes in Riverstone were owner-occupied compared with 64.7% in 2016.

Riverstone has 6,201 properties. Over the last 5 years, Houses in Riverstone have seen a 67.13% increase in median value, while Units have seen a 35.44% increase. As at 31 July 2024:

  • The median value for Houses in Riverstone is $1,087,779 while the median value for Units is $734,919.
  • Houses have a median rent of $700 while Units have a median rent of $673.
There are currently 112 properties listed for sale, and 55 properties listed for rent in Riverstone on OnTheHouse. According to CoreLogic's data, 312 properties were sold in the past 12 months in Riverstone.

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Joseph Assaf
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Troy Wang
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RWC Western Sydney
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