Back to previous step
Colliers, on behalf of Romanis Cant as Receivers & Managers, are pleased to present a unique investment opportunity at 74-76 Corkery Crescent, Taylor. The property comprises a long WALE childcare centre with options to 2063 and DA approved 32-unit residential development site for sale ‘In one line’.
74-76 Corkery Crescent provides a 110-place childcare centre with 20-year lease (Expiring 2043) with options to 2063, providing gross income of $499,699* ex. GST as at 1 June 2025, with the tenant responsible for all centre related property outgoings (net lease arrangement). Strong income growth is provided via CPI rental increases with a collar of 4% and cap of 5%.
On the balance of the site is a DA approved 32-unit residential development on land area of approx. 2,268m², comprising 6x 1 bedroom, 25x 1 bedroom + study, and 1x4 bedroom apartments across three multi-storey buildings with shared basement facilities.
The location experiences significant street visibility with frontage to Horse Park Drive and is adjacent to the rapidly developing residential suburb of Jacka and just an 8-minute drive to the Gungahlin town centre.
74-76 Corkery Crescent, Taylor represents a secure passive investment with the opportunity to add value or divide the site as desired.
Prospective purchasers are invited to submit their Expression of Interest on an ‘as is’ basis to the exclusive selling agents, Colliers, closing 3pm Thursday 10th July 2025.
*All outlines and areas are approximate only.
Remember to mention you found this property on CommercialReady
Colliers, on behalf of Romanis Cant as Receivers & Managers, are pleased to present a unique investment opportunity at 74-76 Corkery Crescent, Taylor. The property comprises a long WALE childcare centre with options to 2063 and DA approved 32-unit residential development site for sale ‘In one line’.
74-76 Corkery Crescent provides a 110-place childcare centre with 20-year lease (Expiring 2043) with options to 2063, providing gross income of $499,699* ex. GST as at 1 June 2025, with the tenant responsible for all centre related property outgoings (net lease arrangement). Strong income growth is provided via CPI rental increases with a collar of 4% and cap of 5%.
On the balance of the site is a DA approved 32-unit residential development on land area of approx. 2,268m², comprising 6x 1 bedroom, 25x 1 bedroom + study, and 1x4 bedroom apartments across three multi-storey buildings with shared basement facilities.
The location experiences significant street visibility with frontage to Horse Park Drive and is adjacent to the rapidly developing residential suburb of Jacka and just an 8-minute drive to the Gungahlin town centre.
74-76 Corkery Crescent, Taylor represents a secure passive investment with the opportunity to add value or divide the site as desired.
Prospective purchasers are invited to submit their Expression of Interest on an ‘as is’ basis to the exclusive selling agents, Colliers, closing 3pm Thursday 10th July 2025.
*All outlines and areas are approximate only.
Remember to mention you found this property on CommercialReady
Yield Calculator
Yield Calculator
