Sold

569 Old Northern Road, Glenhaven

Acreage/Semi-Rural

Home, high income childcare centre and 5 acres
Boasting dual street frontages and a prominent address, this completely arable acreage parcel is full of opportunity for developers or investors. The property offers multiple income streams, including an executive-style dual level residence and a thriving childcare centre. The freshly updated home features new carpets, fresh paint, a versatile multi-zoned floorplan, and five generous bedrooms with built-in wardrobes. With an anticipated rental return of approximately $1,200 per week, the family residence provides an immediate income opportunity.

Also existing on the property is a successful childcare centre, with approximately 90 places. It returns approx. $375,000pa (GST inclusive), with further potential for the property to return over $500,000 per year. The centre is eager to continue its lease, providing guaranteed future income. This incredible address is handy to several elite schools, 5 minutes to Round Corner Shopping Centre and 5 minutes to Castle Towers and Castle Hill Metro station.

• 5.29 acres (2.14HA) in a prime location to transport and shops
• Ideal for investors or developers, multiple income opportunities
• Plenty of off-street parking
• 34 minutes to Sydney CBD
• Excellent future subdivision potential (STCA)

We have obtained all information in this document from sources we believe to be reliable; however, we cannot guarantee its accuracy. Prospective purchasers are advised to carry out their own investigations.
Similar Properties

Sold

$ 1,690,000

CASTLE HILL

33 Hastings Road

  • 7
  • 3
  • 2

Sold

$ 0

GLENHAVEN

  • 5
  • 5
  • 5

Sold

$ 6,650,000

Glenhaven

14 Wayfield Road

  • 6
  • 4
  • 6