2 Hotel & Leisure Properties For Sale in Belmore

Prime Development Site in Key Area

Excellent Opportunity

Prime location, Development potential
Planning proposal currently being consider for a consolidated up zone

Enormous potential to build residential building or mix use development

The site is well placed to access essential services and necessary amenities, including hospitals Supermarket and shopping centers.

Belmore priority Precinct earmarked by the NSW Government as an urban activation area, is just 14.7Km away.

This Precinct will benefit from improvements to infrastructure enhancing the connectivity of the area to Sydney CBD.

Residential Development Site with Holding Income

Fabulous Opportunity For Sale

3 Existing Buildings Comprising of 21 x units and town houses.

Building 1: Offers 5 x units and 1 x town house 2 rent from $500 to $400 pw.
Gross income $145,000 PA.

Building 2: Offers 4 x 3 bedroom units at $500 pw each and 1 x town house at $600 pw. Gross income $135,200 PA.

Building 3: Offers 4 x 1 bedroom units 4 x 2 bedrooms units at $375 pw.
Gross income $456,300 PA.

Excellent potential to increase rentals and potential high rise development (STCA).

GROSS SITE AREA 3061SQM.

Contact: N.Pacer
P: 9552 4333
M: 0428 233 893
E: nathan@cmsrw.com.au
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