PropertyFox is delighted to present to the market 75 Killeaton Street, St Ives.
This is a rare opportunity to secure an existing childcare centre with redevelopment potential in one of Sydney’s most family-friendly suburbs. Situated on a prominent 1,429 sqm corner site, the property boasts 75m of street frontage, ensuring exceptional visibility and accessibility. The existing childcare centre has a well-established tenant with 20+ years’ experience, operates 76 Long Day Care (LDC) places and generates a strong holding income. The modern facility includes 21 basement parking spaces, facilitating seamless pick-up and drop-off routines for parents. Its prime location, just 400m from St Ives Shopping Village and surrounded by schools, parks, and recreational facilities, makes it an ideal setting for a childcare business, ensuring the tenant’s long-term success and stability.
The property’s inclusion in the newly announced Low and Mid Rise (LMR) Housing Policy unlocks redevelopment potential, offering flexibility for investors or developers seeking a future residential or mixed-use project. With excellent connectivity to major transport networks and high vehicle exposure, this site combines immediate income security with long-term growth opportunities in a sought-after location.
Key Features:
• 1,429 sqm corner block with prominent position and high exposure
• Existing childcare tenant “Lead Early Learning Centre” with 20+ years of experience
• Strong holding income
• 76 Long Day Care (LDC) places
• 21 basement parking spaces
• Lease - 15 years with 10 + 10 year options
• Walking distance to shopping centre and parks
• Redevelopment potential under LMR Policy (STCA*)
Don’t miss this chance to acquire a versatile, income-producing asset with significant upside in the heart of St Ives. Contact PropertyFox today for more information or to register your interest and secure your bidder’s pack.
* Subject to Council Approval
Contact Ben Evans on 0433 826 647 or Tim Fox on 0431 328 989 for more information or to arrange an inspection
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