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22 Lumsdaine Street, Picton, NSW, 2571
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CHILDCARE DEVELOPMENT SITE - 51 PLACES (SINGLE STOREY)

Ray White Commercial (SC) proudly presents this boutique DA approved childcare development opportunity to market. The property, favourably positioned opposite the Picton Public School, will be offered for sale via Auction on Friday 1 December 2023, unless sold prior.

The site, benefiting from a single story design, is DA approved for the construction of a 51-place childcare facility with rooms that have been generously designed to accommodate up to 65 children (STCA). The built product has been sensitively designed to use the topography of the site to minimise construction costs while maximising net lettable area.

The site is located in the heart of Picton, a suburb in Sydney's south-west, in the hub of the Wollondilly Shire LGA and stands to benefit from a 15.9%* increase in population by 2041. Demographic data for Picton reveals a higher than average rate of children aged 0-4 years accentuating the potential requirement for additional childcare facilities.

Additional highlights of the asset include:

• DA approved for a 51-place childcare centre (with scope for additional uplift to 58 places, STCA)

• Land size: 1,290sqm*

• GFA of 499sqm*

• Minimal excavation required

• Flexible design to allow for additional places (STCA)

• Anticipated large population growth in the area^

• Opposite the Picton Public School

• 1km* to the Picton Train Station

• 1.2km* to St Anthony's Catholic Primary School

The property will be offered for sale via Auction on Friday, 1 December 2023 at 10:00am (AEDT). The Auction will be held at Ray White Corporate, Level 7/44 Martin Place, Sydney NSW 2000.

For further information, please contact the exclusive selling agents.

* Approximately

^Refer to Location Particulars for relevant sources

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STEP 01 Finance type
Land Finance
STEP 02 Property address
22 Lumsdaine Street, Picton, NSW, 2571
STEP 03 Contact a finance professional

Map: 22 Lumsdaine Street, Picton, NSW, 2571

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