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RWC  - Western Sydney

106 South Terrace Bankstown, NSW 2200

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106 South Terrace,
Bankstown, NSW 2200

Development Sites & Land • Shops & Retail • Offices

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RWC  - Western Sydney
Joseph Assaf
Andrew Sacco

RWC - Western Sydney

15-17 Argyle Street
PARRAMATTA, NSW 2150
RWC  - Western Sydney
106 South Terrace
Bankstown, NSW 2200

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Map of 106 South Terrace

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DA Approved Childcare Development Site

  • DA Approved Childcare Site
  • Ideal for Operators and Builders
  • Vendor says SELL!
Ray White Commercial Western Sydney is pleased to present 106 South Terrace, Bankstown for sale via Onsite Auction.

Exceptional DA-approved childcare development site, surrounded by 22 primary schools within a 3km* radius and close proximity to Bankstown CBD.

Ideal opportunity for childcare operators, builders, and developers alike to capitalise on this growing childcare sector supported by the NSW government.

Additional highlights of the property are outlined below:
• DA approved for a 58-place childcare centre
• Child ratio 8 x 0-2 years, 20 x 2-3 years & 30 x 3-5 years
• 3.82 supply and demand ratio which is 35% above compared to NSW average ratio of 2.85^
• 22 primary schools within a 3km* radius of the site
• Potential rental income of $261,000* per annum upon completion
• Motivated vendor willing to meet the market

The property will be offered forsale via Auction, onsite Wednesday 29 March 2023 at 11am.

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

* Approximately
^ Source Careforkids and Gapmaps

Additional information

Bankstown, 2200 demographic data

The median household income for Bankstown is $1,331, 36% lower than Greater Sydney's household income of $2,077. Bankstown has a younger age profile compared to the rest of Greater Sydney (median age 34 vs 37). Property ownership data shows 52% of property owners in Bankstown have a mortgage.

34,933
Population
$1,331 per week
Median household income
34 years
Median age
Renters
Most residents
Families
Most households

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