The Opportunity
A rare chance to secure an excellently designed Boarding House in one of NSW’s highest growing areas. The property is well located next to a TAFE college, hospital and Southern Cross University. This opportunity allows a savvy developer or investor to secure a boutique investment in a growing market that will provide strong positive cash flow and a high yield on completion.

KEY FEATURES
- DA approved for 10 Self Contained Studio Apartments
- Estimated rental income ($/room): $300 per week
- Close to amenities
- Construction Estimate: $800,000 (formal quote available upon request)
- Zoning: R3 Medium Density Residential
- Land Size: 500sqm (approx.)
- DA and plans available on request
- Current Income: $16,640 per annum
- VERY FLEXIBLE TERMS AVAILABLE – Subject to Negotiation

For further information please contact Alex Bennett on 0439 646 997

****Declaring Agent’s Interest – to discuss please call Alex Bennett****