Ray White Commercial Western Sydney is pleased to present 106 South Terrace, Bankstown for sale via Onsite Auction.
Exceptional DA-approved childcare development site, surrounded by 22 primary schools within a 3km* radius and close proximity to Bankstown CBD.
Ideal opportunity for childcare operators, builders, and developers alike to capitalise on this growing childcare sector supported by the NSW government.
Additional highlights of the property are outlined below:
• DA approved for a 58-place childcare centre
• Child ratio 8 x 0-2 years, 20 x 2-3 years & 30 x 3-5 years
• 3.82 supply and demand ratio which is 35% above compared to NSW average ratio of 2.85^
• 22 primary schools within a 3km* radius of the site
• Potential rental income of $261,000* per annum upon completion
• Motivated vendor willing to meet the market
The property will be offered forsale via Auction, onsite Wednesday 29 March 2023 at 11am.
For more information, please contact the below exclusive selling agents.
* Approximately
^ Source Careforkids and Gapmaps
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