Ray White Commercial NSW is pleased to present 38-40 Manning Street Kingswood for sale via Auction.
Unique opportunity to acquire this DA approved site for a two (2) storey boarding house containing 37 rooms and a manager's room on a site area of 1,112.80m2*.
Strategically located within walking proximity to Western Sydney University Kingswood and Werrington campuses, TAFE NSW, Nepean Hospital and Kingswood railway station.
Additional highlights of the property are outlined below:
* Site area 1,112.8m2* * DA approved for 37 rooms (33 x single room & 4 x double rooms) * Extensive frontage 31.34m* * Efficient design & build * Two (2) storey design over single basement for 19 car spaces * High potential yielding investment * Potential $501,800* per annum gross income on completion ($250 per week average) * Situated in a high growth area * 280m* Pedestrian link to Western Sydney University * Extremely limited availability at UWS Village Penrith (Kingswood) campus with waitlist
The property will be offered for Auction, on Tuesday 21 April 2020 at 10.30am - ONLINE.
For more information, please contact the exclusive selling agents.
Commercial Real Estate & Valiant have pulled some useful resources to help you on your journey. Kick things off with our commercial loan calculator to see estimated repayments.
Purchase Price
$
1,234,567
Deposit available
$
123,456
Loan term
30
years
Interest rate
3.00
%
repayments
$0/month*
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