40 Burke Street, Chifley NSW 2036
40 Burke Street, Chifley NSW 2036
Childcare centre, 35 places | Opposite two schools | First sale in 21 years | Income-producing property | School-adjacent land
This is a rare offering in Chifley — a purpose-built childcare centre with a 35-place capacity, sitting directly across from Matraville Sports High School and Chifley Public School. Its location is the core strength: the property is embedded in a daily foot-traffic corridor of families and educators, which supports strong operational demand for childcare services. For a buyer seeking an established income-producing property in Sydney’s eastern suburbs, this stands apart from the typical residential stock of houses and granny flats that dominate the suburb. The fact it has not changed hands in over two decades suggests stable ownership and likely consistent performance, making it most suited to an investor or operator familiar with childcare regulations and long-term lease structures.
The property’s value may hinge on how the current lease or business operation is structured, as childcare centres are often sold with an existing operator in place. The condition of the building and any upcoming compliance requirements — such as upgrades to outdoor play areas or accessibility standards — might affect the ongoing capital needed. Its school adjacency could also mean peak-hour traffic and noise, which may influence some buyers but also reinforces the site’s suitability for its current use. The 2004 last sale provides a long ownership history, but the absence of recent comparable childcare transactions in the area means the price will likely be guided by income return rather than residential land values.
Detailed Independent Property Report prepared by PropCred Analyst team for 40 Burke Street, Chifley NSW 2036
Checks found:
Value Risk
1
Liquidity Risk
1
Planning Risk
Income Risk
2
Execution Risk
2
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Market Insight
Chifley NSW 2036 sits in the upper echelon of the Sydney market, with a median house price of $2.7 million to $2.8 million and 42 to 53 annual sales. Demand is driven largely by established local families in the 40–49 age bracket, typically in clerical roles and earning between $78,000 and $130,000. Price momentum is uneven: one data set shows zero annual growth, while others record 2.2% to 4.65%, pointing to a flat-to-modest market. Houses sell in about 34 days, though some agents report 17 to 28 days, suggesting reasonable turnover. Rents are firm at a $1,600 weekly median, with 14.3% growth over the past year, and four-bedroom homes achieve $2,000 per week. Key constraints centre on affordability: transacting at these values with only modest capital growth leaves limited room for error, and any buyer pool contraction would hit the upper end quickly.
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PropCred Estimated Value
Comparable Sales: No direct childcare sales nearby; residential houses on Burke Street sold around $2.3M–$2.4M | Property Price Band: $2.4M–$2.5M | Value Drivers: Childcare income stream, school-adjacent location, 35-place capacity
Bedrooms
5
Bathroom
2
Parking
-
Land
585m²
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