32 Himalaya CrescentSeven Hills NSW 2147
Property Details for 32 Himalaya Cres, Seven Hills
32 Himalaya Cres, Seven Hills is a 0 bedroom, 0 bathroom House. The property has a land size of 1437m2 and floor size of 1443m2. While the property is not currently for sale or for rent, it was last sold in September 2023.
Last Listing description (September 2023)
Burgess Rawson is pleased to offer to market a highly successful Guardian Childcare Centre located at 32 Himalaya Crescent, Seven Hills NSW for sale via our Investment Portfolio Auction 163.
This opportunity has the following key investment highlights:
+ Fifteen (15) year net lease to May 2036
+ Guardian Childcare: leading national early education provider, educating more than 10,000 children per day across 152 locations
+ Highly desirable annual rent increases to the greater of CPI or 3%, ensuring future income growth
+ Landlord friendly net lease structure with the tenant responsible for all outgoings
+ Modern 621sqm* purpose-built childcare centre licensed for 90 LDC places and constructed in 2021, offering substantial depreciation benefits
+ Strong-trading centre with 100% occupancy and an extensive waitlist, ensuring long-term viability of the business
+ Prominently positioned 1,443sqm* site located in a strong schooling catchment only 350m* from Shelley Public School & 22 other schools within a 3km radius, which combine to service 14,028* students
+ Centrally located between Blacktown's major commercial & retail amenities with Westpoint Shopping Mall, Seven Hills Plaza, Homemaker Centre Prospect, Blacktown MegaCentre & Blacktown Hospital all within a 3km radius
+ Blacktown City Council: largest LGA in New South Wales, with a population forecast to grow to 625,207 (56.41% increase) by 2041 and $1.5 billion in future capital works projects^
+ Child Care/Early Education is an essential service with both the Federal and State Governments allocating unprecedented funding to the sector. In the 2022-2023 period, the Federal Government is projected to contribute $10.7 billion in funding plus an additional $4.7 billion to deliver more affordable child care, which includes increasing the Child Care Subsidy (CCS) rates from July 2023. This reform aims to enhance the affordability of early education and care for approximately 96% of families (1.2 million) with a child in care^^
+ Net Income: $393,620 pa* + GST
For Sale by Investment Portfolio Auction
10:30am AEST Tuesday 12 September 2023
Yallamundi Rooms, Sydney Opera House
Please contact the exclusively appointed Burgess Rawson childcare team for more information.
*Approx.
^Blacktown City Council
^^Australian Government - Department of Education | Child Care Subsidy Reform
Property History for 32 Himalaya Cres, Seven Hills, NSW 2147
- 12 Sep 2023Sold for $7,575,000
- 14 Aug 2023Listed for Sale Contact Agent
- 28 May 2018Listed for Rent - Price not available
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0About Seven Hills 2147
The size of Seven Hills is approximately 9.7 square kilometres. It has 35 parks covering nearly 9.4% of total area. The population of Seven Hills in 2011 was 18,823 people. By 2016 the population was 19,313 showing a population growth of 2.6% in the area during that time. The predominant age group in Seven Hills is 30-39 years. Households in Seven Hills are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Seven Hills work in a professional occupation. In 2011, 69.2% of the homes in Seven Hills were owner-occupied compared with 65% in 2016.
Seven Hills has 9,431 properties. Over the last 5 years, Houses in Seven Hills have seen a 65.15% increase in median value, while Units have seen a 15.25% increase. As at 30 September 2024:
- The median value for Houses in Seven Hills is $1,118,944 while the median value for Units is $700,954.
- Houses have a median rent of $600 while Units have a median rent of $615.
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