55 Mahoney Drive Campbelltown NSW 2560

CBRE as exclusive sales agents is pleased to present 55 Mahoney Drive, Campbelltown to the market. The property represents an exciting opportunity to acquire a DA approved boarding house in proximity to Western Sydney Campbelltown and Macarthur Train Station.

55 Mahoney Drive, Campbelltown benefits from the following key attributes:

-Development approved for a 2-storey boarding house with 22 self-contained rooms, plus managers room
-Estimated market income of $400,400* p.a
-Generously appointed with kitchenette and bathrooms to each individual unit
-Modern, well presented proposed building with a patio on bottom floor rooms as well as indoor and outdoor common areas.
-Favourable planning controls including R3 Medium Density Residential zoning and a 9 metre height of building limit
-Positioned to take advantage of South-West Sydney's rental boom with vacancy rates in the Campbelltown region at 1.73%* with upcoming extra inbound pressure from the expansion of the permanent migrant cap.
-Concepts plans for 6 oversized townhouse development with 8 garage spaces and visitor parking (STCA).
-Alternate uses comprise childcare centres, multi-dwelling housing, places of worship and semi-detached dwelllings (STCA)
- Within 500m* of Western Sydney University Campbelltown and 2.1km* from Macarthur Train Station.
-Additional $2b financing lifeline via the Federal Budget in social and affordable housing will allow developers to work with federal and state governments to introduce this sub-sector into their portfolios

55 Mahoney Drive, Campbelltown will be sold via on-site Public Auction on Saturday 10th June 2023 at 2pm.

Please enquire directly with the exclusive agents to arrange a private viewing.

For more information or to request access to the due diligence room, please contact the exclusive selling agents.

*Approx.