This often sought & rarely found property is DA approved for a high yielding boarding house. With a well thought out design & the hard work of the approval process done. Also offers potential for duplexes with granny flats, childcare or freestanding separate home, the property is in a convenient location within easy access to local bus, shops, reputable schools, multiple parks & a short drive to Stocklands Merrylands & Parramatta CBD. It features:
- Approx 1002m2 block
- Approx. 37.87m frontage to Palmer St
- DA approved for boarding home consisting of 12 rooms
- 7 double rooms & 5 single rooms
- All featuring living, kitchenettes & bathrooms
- Estimated rental return of approx. $210,600 per annum on completion
- Accommodating up to 19 lodgers
- Ultra modern two-story contemporary design
- A sought after opportunity with huge investment upside
- Act fast as this one will not last long
Please note: Bedroom, Bathrooms & Car are based on developed property. Property is currently vacant land!
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