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Land/Development in Kingswood
DA Approved 37-Room Boarding House
- Land: 1,112.8m²
Ray White Commercial NSW is pleased to present 38-40 Manning Street Kingswood for sale via Auction.
Unique opportunity to acquire this DA approved site for a two (2) storey boarding house containing 37 rooms and a manager's room on a site area of 1,112.80m2*.
Strategically located within walking proximity to Western Sydney University Kingswood and Werrington campuses, TAFE NSW, Nepean Hospital and Kingswood railway station.
Additional highlights of the property are outlined below:
- Site area 1,112.8m2*
- DA approved for 37 rooms (33 x single room & 4 x double rooms)
- Extensive frontage 31.34m*
- Efficient design & build
- Two (2) storey design over single basement for 19 car spaces
- High potential yielding investment
- Potential $501,800* per annum gross income on completion ($250 per week average)
- Situated in a high growth area
- 280m* Pedestrian link to Western Sydney University
- Extremely limited availability at UWS Village Penrith (Kingswood) campus with waitlist
The property will be offered for Auction, on Tuesday 21 April 2020 at 10.30am - ONLINE.
For more information, please contact the exclusive selling agents.
*Approx.
Land:
1,112.8m² / 0.27 acres
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