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40 Burke Street

Chifley NSW 2036

5
2
2
585 m²
House
Currently for sale - view listing

Overview

Scarce Eastern Suburbs Childcare Investment with Land Tax Exemption, Strong Covenant and Long Lease

Knight Frank and Sotheby's are pleased to present 40 Burke Street, Chifley for sale, a well-established, purpose-built 35-place childcare centre positioned directly opposite Matraville Sports High School and Chifley Public School within a highly desirable education precinct. Offered for the first time in 21 years, the asset is underpinned by a strong tenant covenant with Wonder School, who have operated from the premises since 2018. The property is securely leased until 2033 with a further five-year option, providing long-term income certainty. Investment Highlights: - Secure gross income of $173,113 p.a. with lease expiry in 2033 plus a five-year option - 35-place licensed centre within a resilient, government-backed sector - Operated by Wonderschool since 2018 with proven performance. - Prominent position opposite Matraville Sports High School and Chifley Public School within a strong family catchment - Land tax exempt status - Highly scarce Chifley offering with only one comparable sale in nine years - Well-proportioned 585 sqm* site improved with a purpose-built facility requiring minimal future capital expenditure A 100% interest in 40 Burke Street, Chifley will be offered for sale via Public Auction on Tuesday, 8 September 2026, located at AuctionWorks - Mezzanine Level, 50 Margaret Street, Sydney from 10:30 am (AEST). Please contact the exclusive agents for further information or to arrange an inspection. *In conjunction with James Masselos - Knight Frank - 0433 027 821 *All figures are approximate Disclaimer: All information contained herein is gathered from sources we believe reliable. We have no reason to doubt its accuracy, however we cannot guarantee it. All interested parties should make and rely upon their own enquiries. Images may include digitally enhanced or AI-generated content for illustrative purposes and may not precisely represent the actual and complete property or its features.

Features

5 bedrooms
2 bathrooms
2 carspaces
585 m² lot size
House

Happy sellers in Chifley

92%
92% of sellers in Chifley reported that their sale price either exceeded or met their price expectations.

Chifley stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 10 reviews in Chifley over the last 12 months.

Local market activity for 5 bedroom houses in Chifley

In the last 12 months, 12 five-bedroom houses similar to 40 Burke Street, have been sold.

This represents a 57% decrease in five-bedroom houses sales when compared to the previous 12 months.

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