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724 Victoria Road, ERMINGTON, NSW 2115

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724 Victoria Road, ERMINGTON, NSW 2115

724 Victoria Road, ERMINGTON, NSW 2115

Properties / Sold / New South Wales / Ermington
Development Approved

1. Property Summary

Property Type
Child/Healthcare
Land Area
1,012 m² (*approx)
Selling Method
Auction: Onsite Auction
Show All

2. Property Highlights

DA Approved 68 Place Childcare Site
  • DA Approved Childcare SIte
  • Site Area 1,012m2*
  • Iconic Location in High-Growth Area

Ray White Commercial is pleased to present 724 Victoria Road Ermington, for sale via Auction.

Outstanding opportunity to acquire this strategically located site opposite Melrose Park Residences and DA approved for a 68-place childcare centre.

Site has been pre-committed by Mini Masterminds on a 10 + 10 + 10 years lease term at a rental of $329,800 per annum reflecting a rate of $4,850 per child. Fixed annual increases at 3.25% tenant liable for 100% of outgoings.

Additional highlights of the property are outlined below:

• Corner site area of 1,012m2* (Corner Fitzgerald Road)

• DA Approved for 68 place childcare centre

• Child ratio 21 x 0-2 years, 17 x 2-3 years & 30 x 3-6 years

• Architecturally designed over two (2) levels with single basement car parking

• Ideal for the developer or investor

• Opposite Melrose Park residences

• Walking proximity to Ermington Public School & Marsden High School

The property will be offered for Auction, onsite Thursday 16 December 2021 at 1:30pm.

For more information, please contact the below exclusive selling agents.

*Approx.

Remember to mention you found this property on DevelopmentReady

Read More

1. Property Summary

Property Type
Child/Healthcare
Land Area
1,012 m² (*approx)
Selling method
Auction: Onsite Auction

2. Property Highlights

DA Approved 68 Place Childcare Site
  • DA Approved Childcare SIte
  • Site Area 1,012m2*
  • Iconic Location in High-Growth Area

Ray White Commercial is pleased to present 724 Victoria Road Ermington, for sale via Auction.

Outstanding opportunity to acquire this strategically located site opposite Melrose Park Residences and DA approved for a 68-place childcare centre.

Site has been pre-committed by Mini Masterminds on a 10 + 10 + 10 years lease term at a rental of $329,800 per annum reflecting a rate of $4,850 per child. Fixed annual increases at 3.25% tenant liable for 100% of outgoings.

Additional highlights of the property are outlined below:

• Corner site area of 1,012m2* (Corner Fitzgerald Road)

• DA Approved for 68 place childcare centre

• Child ratio 21 x 0-2 years, 17 x 2-3 years & 30 x 3-6 years

• Architecturally designed over two (2) levels with single basement car parking

• Ideal for the developer or investor

• Opposite Melrose Park residences

• Walking proximity to Ermington Public School & Marsden High School

The property will be offered for Auction, onsite Thursday 16 December 2021 at 1:30pm.

For more information, please contact the below exclusive selling agents.

*Approx.

Remember to mention you found this property on DevelopmentReady

Read More
Development Approved
Jai Sethi
Jai Sethi
+61 *** *** *** show +61 433 393 128
Joseph Assaf
Joseph Assaf
+61 *** *** *** show +61 401 397 696

Download Development Site Report

3. Property Location

724 Victoria Road, ERMINGTON, NSW 2115

Property Map
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724 Victoria Road, ERMINGTON, NSW 2115 Ermington
RWC - Western Sydney
RWC - Western Sydney
Level 1/15-17 Argyle St, Parramatta, NSW, 2150
View Agency Profile
Jai Sethi
Jai Sethi
+61 *** *** *** show +61 433 393 128
Joseph Assaf
Joseph Assaf
+61 *** *** *** show +61 401 397 696