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23-25 Boongary Street, St Helens Park NSW

Fridgety Frogs Early Learning Centre, St Helens Park is a purpose built centre with approval for 69 Long Day Care (LDC) places for ages 0-6 year old children. The property sits on a site area of approximately 1,367sqm and provides three playrooms together with kitchen, staffroom, administration and outdoor areas. The centre is situated on the eastern side of Boongary Street, about 15 metres to the south of the intersection with Woylie Place. The property is located within a residential subdivision adjoining Scattergood Recreation Reserve within walking distance of St Helens Park Public School and local neighbourhood shopping facilities.

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23-25 Boongary Street

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Address Date Net Rental Pa Sale Price Yield
Penrith, NSW June, 2009 $76,000 $950,000 8.00%
A 39 place purpose built single level brick childcare centre and detached cottage, utilised as office accommodation.
Narellan, NSW April, 2009 $260,000 $3,500,000 7.40%
A 90 place purpose built long day chidcare centre. Purchase is subject to a new 10 +10 lease.
Menai, NSW February, 2009 $45,000 $713,000 6.31%
A 29 place purpose built single level brick long day care centre. Purchsed with a new lease from about mid 2008 for 5 years with 3 x 5 year option periods.
Merrylands, NSW August, 2008 $114,865 $1,500,000 7.66%
Recent sale of a converted long day care centre within two converted residential buildings. Unavailability of on-site car parking is a detriment. Number of places 53.
Abbott Road, Seven Hill, NSW April, 2008 $230,000 $3,000,000 7.67%
A 90 place childcare centre together with basement car parking for 35 vehicles, subject to lease for a term of 10 years, with 2x5 year options.
Richmond Road, Clarendon, NSW December, 2006 $242,500 $3,050,000 7.95%
A 90 place brand new purpose built childcare centre, in addition to DA approval for 45 before and after school care places. The lease is for a term of 10+10 years.

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