39 Derby StreetRooty Hill NSW 2766
Property Details for 39 Derby St, Rooty Hill
Last Listing description (November 2023)
Ray White Commercial Western Sydney is pleased to present 39 Derby Street, Rooty Hill for sale via Expressions of Interest.
Phenomenal opportunity to acquire this DA-approved 120-place childcare centre in such a highly sought-after location.
The site has been pre-committed by Young Academic Early Learning Centre on a 15 + 10 + 10 years lease term at a rental of $540,000 per annum + GST reflecting a rate of $4500 per place. Fixed annual increases of 3% with tenants liable for 100% of outgoings.
Excellent opportunity to capitalise on the booming childcare sector, strengthened by continuous government support and the recent announcement of a $4.5 billion increase to the Child Care Subsidy (CCS) from July 2023.
Additional highlights of the property are outlined below:
DA approved 120-place childcare development site
Child ratio 20 x 0-2 years, 40 x 2-3 years, 30 x 3-4 years & 30 x 4-5 years
Innovative single-level design over basement car parking
Site area 2,170m2*
Surrounded by 18 primary schools
Close proximity to Rooty Hill Railway Station and shops
Realistic vendors to meet the market
The property will be offered for sale via Expressions of Interest, closing Wednesday 2 August 2023 at 3pm.
For more information, please contact the below exclusive selling agents.
*Approximately
Property History for 39 Derby St, Rooty Hill, NSW 2766
- 18 Aug 2023Sold for $3,150,000
- 03 Jul 2023Listed for Sale EXPRESSIONS OF INTEREST
- 02 Jul 2022Sold
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0About Rooty Hill 2766
The size of Rooty Hill is approximately 6.9 square kilometres. It has 28 parks covering nearly 23.8% of total area. The population of Rooty Hill in 2011 was 13,376 people. By 2016 the population was 14,718 showing a population growth of 10.0% in the area during that time. The predominant age group in Rooty Hill is 30-39 years. Households in Rooty Hill are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Rooty Hill work in a professional occupation. In 2011, 70.6% of the homes in Rooty Hill were owner-occupied compared with 67.5% in 2016.
Rooty Hill has 5,382 properties.
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