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  1 Jackson Road
  WANTIRNA SOUTH
  

  Permit Approved site for 10 Apartments Or 47 Bed Student Accomodation STCA
  This property comes with approved plans and permits for 10 Apartments which can be changed to 16 apartments (STCA). As is the plans are for a mix of 1 & 2 bed apartments. It also has an exclusive 4 bed, 4 bath, balcony off every room penthouse apartment which has the potential to be marketed well over the million $ mark.
  
  Another option possible is to plan for a 47 bed student accommodation complex (STCA). The zone allows for 13.5 metre hight limits which equates to 4 levels. While waiting to prepare for the build, the property is a great investment with current rental returns.
  
  With...

  Development / Land

  722m²

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  $20,000 per key

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  1 Cnr Burwood highway and stud road
  WANTIRNA SOUTH
  

  Brand New 55 Serviced Apartment Hotel Leasehold Business | Resort Brokers ID : LH004906
  Resort Brokers ID : LH004906
  Strong demand for accommodation due to limited supply and lack of 4 star properties with an expectation of a ADR of $166 and occupancy at min 61%.
  Strong corporate and leisure guests due to corporate head office locations in the area and arterial access onto highway to the Melbourne airport.
  State of the art technology with ipads, apple TV and PBX system in each room.
  Brand new furniture pack custom designed, with pool and gym facilities and full valet service.
  Combination of 1 and 2 bedroom serviced apartments with 300 residential in 3 towers with opportunit...

  Hotel / Leisure

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