* Currently Offered as two residential Homes on separate titles with development potential!
We have on offer a DA approved architecturally designed New Generation Boarding House. The three-level development, with three street frontages, spans over two separate buildings and consists of 33 self-contained rooms, a communal room, off street car parking and motor bike parking. The planned project will cater to the overwhelming local demand for low cost rental accommodation from a wide range of tenants, including young professionals, nurses and students.
The site is located approximately 400m from the Kingsford retail and commercial Centre and is close walking proximity to both the University of NSW and the Prince of Wales Hospital.
The site has good transport accessibility due to its proximity to Anzac Parade which connects to the Sydney CBD and other connections to greater Sydney via a network of buses.
The site will enjoy further improved transport connections and reduced travel times to various destinations with the construction of new light rail network, due to be completed in 2019.
With strong rental demand, solid returns and excellent capital growth this investment presents as a blue-chip offering.
Site Area: 708.2 Square metres approx.
Zoned: R3 medium Density Residential
To request an Information Memorandum, Contract of Sale and DA approved plans please do so by including the following:
-Your Name
-Email / Postal Address
-Contact Number
Expressions Of Interest ending 19th May 2017 @ 5pm
Contact: Theo Felekos 0401 945 663
Ferry Suwito 0433 885 937
*Plans also available for viewing in Office