Ray White Commercial (SC) proudly presents this boutique DA approved childcare development opportunity to market. The asset, ideally positioned 800m* from the Oxley Park Public School, will be offered for sale via Auction on Friday, 1 December 2023, unless sold prior.
The site is DA approved for the construction of a 71-place childcare facility with parking. The constructed build has been sensitively designed to utilise the topography of the site to lessen construction costs while enhancing net lettable area.
The site is located in the heart of Oxley Park, a suburb in the Greater Western Sydney area, more precisely within the hub of the City of Penrith LGA. The asset stands to additionally benefit from the Colyton-Oxley Park Statistical Area Level 2 (SA2) anticipated population growth of 7.5% by 2041. Demographic data for Oxley Park reveals a higher than average ratio of family households to total households within the area, accentuating the potential need for additional childcare facilities.
Additional highlights of the asset include:
• DA approved for a 71-place childcare centre
• No basement; ground level parking
• Land size: 1,144sqm*
• Holding income $21,580 p.a.*
• Ample outdoor play area
• Anticipated large population growth in the area^
• 800m* to Oxley Park Public School
• 2.9km* to St Mary's Train Station
• 3.2km* to Mount Druitt Train Station
• Close proximity to Westfield Mount Druitt, Mount Druitt Hospital and St Mary's Shopping Village
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 Office, Level 7, 44 Martin Place, Sydney.
For further information, please contact the exclusive selling agents.
* Approximately
^ Refer to Location Particulars for relevant sources
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