Ray White Commercial is proud to exclusively offer for sale this DA approved Residential Development opportunity.
The DA approval incorporates nine (9) apartments over 3 levels with one level basement car parking for 6 vehicles and site landscaping. Of the total floor space proposed, 32% is to be dedicated for affordable rental housing for a 10 year period.
Located in a quiet tree lined street, this existing single level well presented family home features 3 good sized bedrooms, 2 living areas and a tandem lock up garage. Generous size backyard, ideal for entertaining and only 250* metres to train station and Caringbah CBD.
Key features; • Land size 603sqm* with existing residence • DA Approved site for 9 apartments over 3 levels (7x1 Bedroom & 2x2 Bedroom) • Walking distance and only 250m* to Caringbah train station and Caringbah Town Centre • Close to hospitals, schools, parks, Cronulla's beautiful beaches and local amenities
For more information please contact the listing agents.
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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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