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19-21 Parklawn Place, ST MARYS, NSW 2760
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EOI Closing This Friday - DA Approved New Generation Boarding House

Ray White Commercial NSW is pleased to present 19-21 Parklawn Place, North St Marys for sale via Expressions of Interest.

This is a unique opportunity to acquire this DA approved new generation boarding house development in one of Western Sydney's growth corridors undergoing major transformation as a result of the upcoming Western Sydney Aerotropolis and Airport.

This site is strategically located in the neighbourhood centre providing easy access to the potential tenants for their daily essential needs.

Additional highlights of the property are outlined below:

• Sits on 464.4m2* vacant land with dual front & rear street frontage

• DA approved & CC in progress

• Self-contained 32 generous size rooms including managers room & a cafe

• Efficient design with no basement or demolition required

• External works including sewer, stormwater and electrical are already completed

• Multi storey design with ground floor parking for cars, motorcycles & bicycle

• Potential high yielding investment

• Potential gross income of $470,080 per annum on completion ($270 per week/room)

• Development set to benefit from future Sydney Metro being situated in the Western Sydney Growth Corridor

• Well positioned on the doorsteps to retail, North St Marys Public School and a short walk to St Marys Railway Station

The property will be offered for sale via Expressions of Interest, closing Friday 3 December 2021 at 3pm.

For more information, please contact the below exclusive selling agents.

*Approx.

Remember to mention you found this property on DevelopmentReady

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