9 Orcam LaneRooty Hill NSW 2766
Property Details for 9 Orcam Lane, Rooty Hill
Last Listing description (September 2024)
Ray White Commercial Western Sydney is pleased to present 9-15 Orcam Lane, Rooty Hill for sale via Expressions of Interest.
Representing a remarkable opportunity to acquire this strategically located site amidst a plethora of schools. DA approved for a 100-place childcare centre with rear lane access and 33 onsite car spaces.
This three (3) level above ground development has been architecturally designed with no basement to maximise efficiency for the new owners, to benefit on this outstanding offering.
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 for 100 places
Childcare ratio 20 x 0-2 years, 30 x 2-3 years & 50 x 3-5 years
Strong supply and demand ratio in the area of 4.92*
Potential income of $500,000* net per annum on completion (equating to $5,000 per place)
Site area 1,087.6 m2* with rear lane access
Ideal for childcare operators, builders, and developers
Short drive to Mount Druitt and Blacktown town centre
Realistic owners ready to meet the market
The property will be offered via Expressions of Interest, closing Wednesday 21 August 2024 at 3pm. (unless sold prior)
For more information, please contact the below exclusive selling agents.
* Approximately
Property History for 9 Orcam Lane, Rooty Hill, NSW 2766
- 03 Sep 2024Sold
- 19 Jul 2024Listed for Sale EXPRESSIONS OF INTEREST
- 24 Mar 2023Sold for $561,000
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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 5,367 properties. Over the last 5 years, Houses in Rooty Hill have seen a 60.41% increase in median value, while Units have seen a 44.47% increase. As at 31 October 2024:
- The median value for Houses in Rooty Hill is $986,495 while the median value for Units is $761,519.
- Houses have a median rent of $620 while Units have a median rent of $625.
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