59 Denison Street, Camperdown, NSW 2050

Industrial

Sold

  • Property ID: 300565
  • Floor Area: 1960m²
Sold / Leased Results

Name Result Date Floor Land Result Price
Sold 29/11/2019 1960m2 N/A Contact Agent
Award winning childcare centre in future residential hotspot

An award-winning city fringe childcare investment with a strong future.

59 Denison Camperdown (Lot 1/SP53308) is a great example of the successful adaptive reuse of a city fringe post-industrial warehouse.

The two quality tenancies represent an excellent investment with exciting future potential#

Now the home of an award-winning Explore and Develop childcare centre and the Sydney HQ of Papaya.

- 10+10 year lease to Explore and Develop
- Approved 80 place childcare centre circa 1090M2 approx
- Award-winning architecture
- 4+4 year lease to Papaya circa 740M2 approx
- Major fit-out investment by each tenant
- 1960M2 approx + parking
- Strong 3.5% annual increases
- 100% of increases in outgoings met by tenants
- DA for stage 2 childcare centre for further 60 places [if Papaya tenancy were to vacate]
- Precinct earmarked for rezoning from industrial IN2 to R4 high density residential#
- Strategic landholding within a proposed residential area#

This property meets all of the needs of a discerning investor, with the potential for that sought-after "twist".

All inspections are strictly by appointment with the Agent.

#see the Parramatta Road Corridor Urban Transformation Strategy - NSW State Government

Camperdown Suburb Profile

Average Advertised Price
Property Type Price (m²) Rent (m²/p.a.) Yield
Retail --- $508 ---
Offices --- $491 ---
Industrial --- $321 ---
This is the average advertised price, rent and yield for Camperdown, NSW 2050*

Days on Market
Time between initial ad placement and the listing’s withdrawal

Days on Market data for Industrial in NSW for Sale

The spread of Days on Market is summarised into 4 time-bands (or quartiles) for each segment.
Understanding market expectations is skewed towards examining changes in the shortest duration quartile (fastest 25%)

Transactions per Month

* Excludes, where applicable, GST, outgoings and incentives. Values calculated based on the prices advertised by the agencies that list their properties on Commercial Property Guide.

Property Detail Notes:

  • NBN Availability - Where this address stands within the nbn™ rollout. Possible statuses: Not currently available, Build preparation, Build commenced, or Service Available. Information provided by nbn™.
  • Nearby Parking - Commercial and private parking spaces available within 500 metres of 59 Denison Street, Camperdown, NSW 2050. Powered by Parkhound. Visit their site to find out about parking spaces available near you.
  • Nearby Cafes - Number of cafes located within 500 metres of 59 Denison Street, Camperdown, NSW 2050. Powered by Zomato. Visit their site for more information on cafes, restaurants, and bars near you.
  • 3rd Party Content - The information displayed on this page is supplied by registered real estate agents and other third parties. For questions regarding the information that appears here please contact the agent that is listed.
LOGIN (Existing Members)
×

REGISTER (New Members)

Already have a CPG account? Login

×
×

×
REGISTER (New Members)
×