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Land/Development

38-40 Manning Street Kingswood, NSW 2747

Sold on 30 Apr 2020
  • Land: 1,112.8m²
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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

38-40 Manning Street, Kingswood, NSW 2747