3 Chaplin DriveLane Cove West NSW 2066
Property Details for 3 Chaplin Dr, Lane Cove West
Last Listing description (August 2023)
Currently operating as a successful early learning centre, this ultra-modern commercial space represents a smart investment opportunity with a quality tenant and lease in place until 2033. It is centrally positioned in Lane Cove's industrial estate within strolling distance to bus transport, local cafes and all of the area's great lifestyle amenities.
The property is impeccably appointed throughout and is currently generating excellent income, making it perfect for the passive investor or SMSF wanting a guaranteed revenue stream, with scope for flexible use in the future. It offers an exceptional commercial package with a high standard of appearance, a quality interior fit-out and a premium 1,237sqm (approx.) block of land with quick and easy access to everything Lane Cove has to offer.
Currently leased by Mindchamps early learning & pre-school company
Achieving an annual gross return of around $300,000 plus outgoings
A secure 10-year lease in place including 4% rent increase each year
Quality fit-out with multiple classrooms play areas, nursery and offices
A generous 1,066sqm (approx) internal area plus a private courtyard
Full kitchen and bathroom facilities plus parking for up to 16 cars
Currently approved for a working childcare centre for 76 children
Option for an additional 6 parking spots & drop-off zone outside the centre
Fully air-conditioned, lift access, great natural light and airflow throughout
Ease of access for customers and staff with bus transport around the corner
Freehold building
Lots size: 1,237sqm (approx.)
Land zoning E4: General Industrial
Height of Buildings: 18 m
Council: Lane Cove Council
Water: $2,260.00 p/q (approx.)
Rates: $6,989.16 p/q (approx.)
Property History for 3 Chaplin Dr, Lane Cove West, NSW 2066
- 19 Aug 2023Sold for $6,900,000
- 12 Jul 2023Listed for Sale Auction
- 06 Mar 2013Listed for Rent - Price not available
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0About Lane Cove West 2066
The size of Lane Cove West is approximately 1.7 square kilometres. There are 13 parks, covering nearly 20.4% of the total area. The population of Lane Cove West in 2016 was 2637 people. By 2021 the population was 3146 showing a population growth of 19.3% in the area during that time. The predominant age group in Lane Cove West is 30-39 years. Households in Lane Cove West are primarily couples with children and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Lane Cove West work in a professional occupation.In 2021, 54.70% of the homes in Lane Cove West were owner-occupied compared with 66.30% in 2016.
Lane Cove West has 1,903 properties. Over the last 5 years, Houses in Lane Cove West have seen a 4.67% increase in median value, while Units have seen a 18.04% increase. As at 31 July 2026:
- The median value for Houses in Lane Cove West is $2,763,826 while the median value for Units is $963,948.
- Houses have a median rent of $1,525 while Units have a median rent of $675.
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