With an approved DA for the construction of 16 two-person units and a manager's quarters, this property provides a lucrative investment opportunity. This shovel-ready project offers a seamless path to construction with some sewerage and stormwater works already completed. Join the initiative for affordable housing with excellent rental prospects of approximately $250k per annum. Benefit from significant depreciation benefits from a new build and explore additional income streams. This promising investment opportunity in South Bathurst is sure to please.<br/><br/>FEATURES: <br/>-DA approval for 16 units and managers quarters<br/>-Rental prospect approx $250k per annnum<br/>-Large vacant block available for auction.<br/>-Conveniently located close to town center<br/><br/>FAST FACTS: <br/>-Land size: Aprox. 1447sqm<br/>-Land rates: Approx. $3464 p/a<br/>-School zones: South Bathurst Public School 0.73km<br/>-Denison College of Secondary School, Kelso High Campus 4.62km<br/><br/>DISCLAIMER<br/>All information (including but not limited to the property areas, floor size, price, address and general property description, opinions and/or articles) on the McGrath website is provided for general information and/or educative purposes only. The content does not constitute professional advice (be it of a legal, financial or taxation nature) and should not be relied upon as such.
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