DA Approved Childcare Development Site – 88 Places

15 Kulai Place, Port Macquarie NSW

Property Highlights

Near Medical & Education Precinct
High Population Growth
Holding Income

Description

Burgess Rawson is pleased to offer this DA approved childcare development site in Port Macquarie NSW to the market for sale via Expressions of Interest.

The property has the following key highlights:

+ DA approved 88 place childcare development site with potential to increase to 94 places
+ Strategically located near Port Macquarie’s major healthcare and education precinct including Port Macquarie’s Base Hospital, Charles Sturt University, NSW Shared Health, Research and
Education Centre & TAFE NSW
+ Prime position backing onto Port Macquarie Base Hospital and the medical precinct, this property offers exceptional convenience for working healthcare and education professionals
+ Just moments from Oxley Highway the gateway route to Port Macquarie’s CBD
+ The local population is expanding at twice the rate of the NSW state average, indicating a strong demand for childcare services.
+ Huge landholding of 3,378 sqm
+ Current residential leases providing holding income
+ Upon completion, the estimated potential net rental investment income is $360,000 pa* + GST
+ An exceptional opportunity for childcare operators, builders, and developers

The Indicative Price is $2,500,000 excl. GST

For Sale by Expressions of Interest
Closing 4pm AEST Thursday 21 May 2024

Please contact the exclusively appointed Burgess Rawson team for more information.

Property Details

Listing
Sale
Current Tenant
Vacant
Occupancy Type
Childcare
Land Size
3,378 SQM
Building Area
1 SQM

Price

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