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For Salehouse

Narwee, NSW 2209, Australia
Auction
3 bed2371m²

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Schools · zoning · transport · traffic · flood · bushfire · crime · development · heritage

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About this property

We are excited to present an unparalleled opportunity for an astute buyer. This is a significant landholding 2,371m2 R4 Zoned, 46m Frontage with Registered Easement will secure investment and development upside. Situated within 2 minutes of trains, buses & shops and 30 minutes from the CBD. This asset (with a large number of childcare licences) is exceptionally positioned in a pivotal area. A small window is open for childcare investors to purchase this property before it goes to auction, and to purchase the licenses separately. This property also has a stunning 3 bedroom renovated double brick home, currently$347.00 per night as an Air B&B or weekly rental of up to $1,200.00 additionally commanding exceptional rental opportunities. This property has no down side as it is one of few locations in Sydney not in a flood zone. Listed are just a few options * Continue to operate the Childcare Centre and the Air B&B or a full time tenant. * Develop the site with a wide range of Development options. * Land Bank the site with the view adding additional adjoining sites for a future street to street development. Potential for higher development with future State Government Rezoning * Utilise the current 3 separate Childcare Buildings as headquarters for a larger developer / building company to house a range of professional staff and display centreor lease to a wide range of professional services (stca) The site area is 2,371m2 with a frontage in excess of 46m. Redevelop, Invest or Land Bank - The Choice Is Yours... Price: Forthcoming Auction. Location: Approximately 200m from Narwee Train Station Land Area: 2,371m2. Large number of licensed places available to purchase Previous occupancy: 85% - 90% (approx). Category of care: Long Day Care. This is a never to be repeated opportunity. For further details, please contact Gavin Sharp on 0411 725 812 or gavin@robertsharp.com.au for a confidential discussion.

Property Features

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    Repayment calculator

    $6,884/month
    $3,442 /fortnight
    Loan $1,136,000 at 6.10% over 30 years

    Price estimated from comparable nearby — edit below to use your own number

    Upfront costs

    Deposit$284,000
    Stamp duty$58,324
    Conveyancing (est.)$2,000
    Total upfront$344,324
    Verify with NSW revenue office →
    Indicative figures only — not a quote. Real loan offers depend on the lender; duty depends on contract terms and applicable concessions.

    Property Details

    Property Type
    house
    Listing Type
    For Sale
    Bedrooms
    3
    Land Area
    2371m²
    Listed
    2 months ago

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