DA Approved 13 Room Boarding House

We welcome 8 Cosgrove Crescent, Kingswood brought to you by award listing agent Peter Diamantidis.

This property is DA Approved to construct a two storey 13 room boarding house which is positioned close to Nepean Hospital, University of Western Sydney, Tafe and Kingswood train station.

This well presented home is currently rented for $515 per week with the tenants happy to stay on.

FURTHER INFORMATION:

* Site area 556SQM and positioned on a corner location
* DA approved for 13 rooms
* Efficient design & build
* Two (2) storey design with secure car parking for cars, motorbikes and even bicycle parking
* High potential yielding investment
* Potential $182,520 per annum gross income on completion ($270 per week average per room)

Approvals like this are now hard to obtain due to planning laws with with the upside on having an investment which would be very rare in the future and the chances on increasing in value.

Contact Peter Diamantidis 0404 051 702 for further details