10-14 Vaughan Street Blakehurst NSW 2221

Fantastic opportunity with DA Approval for 37 apartments in the heart of Blakehurst, one of St George's more prominent and prestigious residential suburbs. The investment presents a rare opportunity for developers to acquire prime real estate in a highly sought-after apartment precinct, it offers the astute developer a low-risk high-return prospect to capitalise on a tight housing market in desperate need of more dwellings.

Features:
- 7x1-bed, 22x2-bed & 8x3-bed options
- 2250sqm with 45m frontage (approx)
- 3 different public recreation areas within 200m of the site
- 600m to popular Carss Point Baths swimming area
- Just 17km from Sydney CBD (20-min train commute to Central station)
- Minutes from vibrant Brighton-Le-Sands & Sans Souci
- School catchment includes Mater Dai & Bald Face, Blakehurst & Connells Point public schools
- Strong owner-occupier demand
- Comparable sale information available on request on completed stock
- Current rent 120k plus