724 Victoria Road,
Ermington, NSW 2115
Key property information
Map of 724 Victoria Road
DA Approved 68 Place Childcare Site
- DA Approved Childcare SIte
- Site Area 1,012m2*
- Iconic Location in High-Growth Area
Outstanding opportunity to acquire this strategically located site opposite Melrose Park Residences and DA approved for a 68-place childcare centre.
Site has been pre-committed by Mini Masterminds on a 10 + 10 + 10 years lease term at a rental of $329,800 per annum reflecting a rate of $4,850 per child. Fixed annual increases at 3.25% tenant liable for 100% of outgoings.
Additional highlights of the property are outlined below:
• Corner site area of 1,012m2* (Corner Fitzgerald Road)
• DA Approved for 68 place childcare centre
• Child ratio 21 x 0-2 years, 17 x 2-3 years & 30 x 3-6 years
• Architecturally designed over two (2) levels with single basement car parking
• Ideal for the developer or investor
• Opposite Melrose Park residences
• Walking proximity to Ermington Public School & Marsden High School
The property will be offered for Auction, onsite Thursday 16 December 2021 at 1:30pm.
For more information, please contact the below exclusive selling agents.
Property ID: 503961906Last Updated: 20 Jan 2022