1 Hill Street Wentworthville NSW 2145

CBRE as the exclusive sales agents are pleased to present to the market 1 Hill Street, Wentworthville. The property represents a great opportunity for an incoming developer to acquire a DA approved boarding house development site.

1 Hill Street, Wentworthville benefits from the following key attributes:

-Development approved for a 3-storey boarding house with 37 self contained rooms plus managers room shared communal spaces and basement carparking
- Completed market income of $570,000* p.a.
-Favourable R4 High Density planning controls
-Modern well presented proposed building with kitchenette and bathrooms amenities to each studio-style room
-In direct proximity to Wentworthville Train Station (250m*) providing services to Westmead and Parramatta in 2 & 5 minutes*
-Positioned to take advantage of Sydney's rental boom with vacancy rates in the Parramatta City Council region at 1.81%* with upcoming extra inbound pressure from the opening of Australia's international borders and the expansion of the permanent migrant cap

1 Hill Street, Wentworthville is For Sale with a price guide of $2,500,000.

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.