Ray White Commercial (SC) is pleased to present to market 34-36 Dalmeny Avenue, Rosebery for sale via Expressions of Interest.
This substantial land opportunity occupies two titles and has an approval for a 59-place childcare. Originally built as a church, this site has been converted into a fully-fenced centre with a playground and ample parking spaces, making it a versatile opportunity for investors, owner occupiers or potential developers.^ The property is offered for sale with vacant possession. Childcare as an asset class has been popular over the last 10 years, its appeal is growing in line with demand for "set and forget" assets like service stations and fast food.
Located in the heart of Rosebery, just 6 kilometres south of Sydney's CBD, the property offers easy access to the bus and train network, as well as major highways. Over the past decade, Rosebery has become increasingly popular due to its relatively affordable housing, new amenities, and convenient inner city living. The rising population will require additional social infrastructure, including childcare services, which is expected to further drive demand for childcare in the area.
Additional highlights of the asset include:
• Site Area - 1,391.2 sqm*
• Zoning R2 - Low Density Residential
• Height Limit - 7.5m
• Existing licence for a 59 place child care centre
• Substantial existing floor plate, onsite parking with egress and egress access
• Outstanding location in a highly desirably growth precinct
• Potential for further uplift through increasing the approved number of spaces via DA amendment and/or site redevelopment.
34-36 Dalmeny Avenue, Rosebery is offered for sale via Expressions of Interest closing Thursday 30th March 2023 at 3pm (AEDT).
For further information, please contact the exclusive selling agents below.
*Approximately
^Subject to Council Approval
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