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Sold on 30 Apr 2020

38-40 Manning Street Kingswood NSW 2747

  • Development / Land
  • 1,113 m²
  • Sold

DA Approved 37-Room Boarding House

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.

*Approx.

AUCTION

Auction date and time21/04/2020 10:30
Auction locationONLINE

Inspections are still happening

Reach out to the agent to arrange a private or online viewing

Property Highlights

Property ID2016165132
Date Sold30 Apr 2020
Floor AreaAsk Agent
Land Area1,113 m²
Energy0-star NABERS Energy rating
ParkingAsk Agent
Category
Last updated  30 Apr 2020
Map for 38-40 Manning Street Kingswood NSW 2747
Map for 38-40 Manning Street Kingswood NSW 274738-40 Manning Street Kingswood NSW 2747
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  • Purchase Price

    $
    1,234,567

  • Deposit available

    $
    123,456

  • Loan term

    30
    years

  • Interest rate

    3.00
    %

repayments

$0/month*

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Ray White Commercial Western Sydney
Ste 6.02, L6/80 George St Parramatta NSW 2150

Inspections are still happening

Reach out to the agent to arrange a private or online viewing

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