35-37 Shadforth Street, Wiley Park NSW 2195

$3.2 Million | Rahat Ferdaus |

1 beds

1 baths

10 parking

DA Approved 41 room boarding house with Potential of $780,000 annual rental return

Agent " Rahat " is proud to present this excellent opportunity to secure this development site within a Prime location in the heart of Wiley Park
Unlock the Potential. 2 Houses side by side. Huge Land with Rental Potential of $760k p.a. for 40 rooms - DA APPROVED!
# DA approved boarding house.
# 40 self-contained studio apartments
# Some of them with balconies
# Large ground level Managers Room
# Basement Car spaces
Prime location Shadforth Street
Approx. projected income of $760,000 / PA , on completion.
This is an ideal long-term investment to develop a DA approved boarding house with 40 self-contained studio apartments. Strong income potential upon completion.

Land Use Zone R4
Maximum Height 11.5metres
Maximum Floor Space Ratio 0.9

Currently Featuring:
# 35 Shadforth st :
3 Bedroom House
1 Bathroom
# 37 Shadforth street
3 Bedroom
1 Bathroom
Total land area of 1126 sqm.

Located on Shadforth street Wiley Park NSW 2195 ,consisting of a collection of shops, restaurants, cafes and well serviced by public transport with 5 min walk to train station regular buses .

Inspections: By prearranged appointment only
Call Rahat Ferdaus : 0432 520 856

Disclaimer:
All information contained herein is gathered from sources we deemed or believed to be reliable. Ray White Lakemba does not warrant the accuracy of the information and interested persons should rely wholly on their own inquiries.

Property Details

• Type: Other
• Bedrooms: 1
• Bathrooms: 1
• Garage Spaces: 10
• Land Area: 1,126 m² (approx)