79 Showground RoadCastle Hill NSW 2154
Property Details for 79 Showground Rd, Castle Hill
Last Listing description (June 2023)
Unique opportunity to acquire this great property with currently leased & operating 46 places childcare centre with onsite car spaces for parents and staff, strategically located and surrounded by Hills best schools and close proximity to Castle Hill Shopping strip, Metro as well as Castle Hill Business Centre.
This site presents an outstanding opportunity to capitalise on the strength of the childcare sector with ongoing NSW Government funding, that is set to receive a $5 billion investment over the next 10 years.
Ideal for investor with the future upside to construct new centre and increase number of places, increasing future rental income.
What's important to you
+ Site area: 1,202 sqm approx., 2x dwellings on the site, large land & levelled
+ R3 Zoned land
+ High exposure, on the intersection with minimum 5000 passing cars
+ Approved for 46 places, currently tenanted to an experienced operator
+ Experienced operator with multiple childcare centres
+ Rare 10-year net lease to 2025 plus 10-year option to 2035
+ Situated within complementary educational precinct
+ Highly desirable fixed 3% annual rent increases to 2025 and minimum 3% annual increases thereafter
+ Net Lease – Tenant pays outgoings as per lease, including Council Rate & Charges, Water & Drainage
+ Castle Hill: Aspirational high-income area positioned in Sydney's booming NW growth corridor
+ Growth underpinned by excellent transport connectivity and new infrastructure – 2x Metro train stations, Bus connectivity to Sydney CBD couple with new apartment projects
The Potential
+ Build brand new centre and increase number of kids in turn increasing overall income on your investment
Local's point of view (approximation)
+ 2mins drive to Castle Towers shopping & 2x Metro Stations
+ Castle Hill High School 500m
+ Castle Hill Public School 800m
+ Hills Adventist College 1.1km
+ Gilroy Catholic College 1.1km
+ St Bernadette School 1.2km
+ Excelsior Public School 1.3
+ Samuel Gilbert School 1.5km
Disclaimer
**Century21 – The Hills District, its director(s), employees, contractor(s) and related entities believe that the information contained herein is gathered from sources we deem to be reliable. However, no representation or warranties of any nature whatsoever are given, intended or implied. Any interested parties should rely on their own inquiries**
Property History for 79 Showground Rd, Castle Hill, NSW 2154
- 07 Mar 2023Listed for Sale Not Disclosed
- 06 May 2015Sold
- 23 Feb 2011Sold for $673,400
Recent sales nearby
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0About Castle Hill 2154
The size of Castle Hill is approximately 18.9 square kilometres. It has 68 parks covering nearly 12.1% of total area. The population of Castle Hill in 2016 was 39594 people. By 2021 the population was 40874 showing a population growth of 3.2% in the area during that time. The predominant age group in Castle Hill is 40-49 years. Households in Castle Hill are primarily couples with children and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Castle Hill work in a professional occupation.In 2021, 72.40% of the homes in Castle Hill were owner-occupied compared with 74.50% in 2016.
Castle Hill has 19,792 properties. Over the last 5 years, Houses in Castle Hill have seen a 58.85% increase in median value, while Units have seen a 15.04% increase. As at 31 December 2025:
- The median value for Houses in Castle Hill is $2,543,695 while the median value for Units is $1,050,624.
- Houses have a median rent of $900 while Units have a median rent of $770.
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