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Value

$8.6m

Type

100 place child care centre

About the Project

This site was acquired in June 2017.  It was offered with an existing permit for a 100-place child care facility.  It is located in an area of Kensington which is going through significant change. Within 700m of the site there are four train stations and two local villages being Newmarket and Kensington.  There is an existing building on the site which will be refurbished to accommodate a high-quality child care operator.  Completion expected early 2019.  The site and surrounding area has been rezoned Mixed Use under the Arden-Macaulay Structure Plan. The amendment will facilitate a 6-level development on the site.