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9 Margaret Street
Cardiff NSW 2285
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Sold on 19 May 2020

9 Margaret Street Cardiff NSW 2285

  • Development / Land
  • 420 m²
  • Sold, $350,000

DA APPROVED DEVELOPMENT FOR 12 UNITS and COMMERCIAL SPACE

Fantastic opportunity to secure a rare infill site with considerable Investment uplift

Currently Development Approved for a boarding house consisting of 12 self-contained rooms each of which consist of a bathroom, kitchenette and balcony

There is also a boutique style commercial space on the ground floor.

The substantial size project allows for maximum appeal as each room is of generous layout and can be easily accessed either by lift or stairway.

There is also basement parking and storage available.

This is truly a magnificent chance to secure a remarkable investment opportunity of 12 (TWELVE SELF CONTAINED UNITS) in a great location

Strategically located in Cardiff CBD and within walking distance to local schools, shopping, train station and other amenities

Potential return on investment:

$265 per week per unit = $3,180.00 per week (Residential)

$200 per week (Commercial shop)

= $3,380.00 per week ($175,760 per annum)

Contact Jesse at Mulligan Property Group on (02) 4950 1466 or 0432 160 186 for plans and documents

Property Highlights

Date Sold19 May 2020
Sold Price$350,000
Floor AreaAsk Agent
Land Area420 m²
ParkingOn site parking available
Property ID2016136442
Category
Last updated  19 May 2020
Map for 9 Margaret Street Cardiff NSW 2285

Nearest transport* to 9 Margaret Street Cardiff NSW 2285

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Property Highlights

Date Sold19 May 2020
Sold Price$350,000
Floor AreaAsk Agent
Land Area420 m²
ParkingOn site parking available
Property ID2016136442
Category
Last updated  19 May 2020
108 – 110 Nelson Street Wallsend NSW 2287

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