44 Emerald Hills BoulevardLeppington NSW 2179
Property Details for 44 Emerald Hills Bvd, Leppington
Last Listing description (April 2022)
CBRE, as the exclusive selling agent, are pleased to present 44 Emerald Hills Boulevard, Leppington. Boasting three street frontages, this site represents a prime childcare investment opportunity in a brand new residential estate of approximately 5,000+ homes. The property is situated on a generous landholding of 2,567sqm* and benefits from its additional street frontages to Sunstone Way and Carnelian Street with 34 on-grade car parking spaces.
44 Emerald Hills Boulevard enjoys its long term lease to Scribbles and Giggles lasting until June 2031, with 120 places totalling a net income of $432,847* per annum. The triple-net lease has a desirable 10+10 year option and 3% annual rent increases, highlighting the outstanding investment opportunity.
44 Emerald Hills Boulevard, Leppington benefits from the following key features:
- New 10+10 year triple net lease with 3% fixed annual rental increases
- Net income of $432,847* per annum
- Total of 120 places
- 100% of outgoings payable by tenant
- Substantial land holding of 2,567sqm*
- Desirable R2 Low Density Residential zoning
- On-grade parking for 34 cars
44 Emerald Hills Boulevard, Leppington will be sold via Public Auction on 12th April 2022 at 10.30am at AuctionWORKS (online bidding available).
Private inspection appointments will be undertaken.
For more information or to request access to the due diligence room, please contact the exclusive selling agents.
*approx
Property History for 44 Emerald Hills Bvd, Leppington, NSW 2179
- 12 Apr 2022Sold for $10,500,000
- 16 Mar 2022Listed for Sale Contact Agent
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About Leppington 2179
The size of Leppington is approximately 21.2 square kilometres. There are 5 parks, covering nearly 3.4% of the total area. The population of Leppington in 2016 was 3498 people. By 2021 the population was 9423 showing a population growth of 169.4% in the area during that time. The predominant age group in Leppington is 30-39 years. Households in Leppington are primarily couples with children and are likely to be repaying $2400 - $2999 per month on mortgage repayments. In general, people in Leppington work in a professional occupation.In 2021, 72.10% of the homes in Leppington were owner-occupied compared with 66.50% in 2016.
Leppington has 8,844 properties. Over the last 5 years, Houses in Leppington have seen a 33.07% increase in median value, while Units have seen a 53.67% increase. As at 30 June 2026:
- The median value for Houses in Leppington is $1,288,611 while the median value for Units is $959,808.
- Houses have a median rent of $800 while Units have a median rent of $530.
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