CBRE is pleased to offer this DA-approved childcare development site in Cherrybrook NSW to the market for sale & for lease via Expressions of Interest. The property has the following key highlights:
+ DA-approved 76 place childcare development site
+ Prominent location on New Line Road, a busy arterial route, with 30,600* vehicles passing daily^
+ Large landholding of 1,073 sqm*
+ Strong education precinct with 19 schools and 13,300* pupils within a 5 minute drive^^
+ Ideally located 600m* from Cherrybrook Public School
+ Cherrybrook: undergoing a transformative demographic shift, with population set to surge 14.33% by 2036^^^
– underpinning childcare demand
+ Affluent area with a high proportion of dual-income professional working parents
+ Estimated net rental investment income of up to $475,000 pa* + GST, upon completion as a leased childcare facility
+ An exceptional opportunity for childcare operators, builders and developers For Sale & for Lease by Expressions of Interest Closing 3pm AEDT Tuesday 4 February 2025 Please contact the exclusively appointed CBRE team for more information. * Approximately ^ maps.transport.nsw.gov.au ^^ Gapmaps.com ^^^ Forecast ID