DA APPROVED BOARDING HOUSE SITE IN PRIME KENSINGTON LOCATION
Adam Charles in conjunction with Nas corporation is proud to present 7-7A Houston Road, Kensington to the market a rare DA-approved co-living development opportunity in one of Sydney's most in-demand city-fringe locations.
Positioned on a 403sqm dual-access block in the heart of Kensington, this DA-approved 16- self contained room boarding house offers a fast, cost-efficient build with no basement or lift required.
Just moments from UNSW, the Randwick Health Precinct, and the light rail, it's perfectly located to meet strong rental demand from students and key workers.
Key Highlights:
-DA approved for 16 self-contained studios + communal room
-Cost-efficient build with no basement and no lift required
-Dual street frontage, simplifying construction and future access
-Existing duplex with holding income prior to construction commencement
-Potential uplift to 2.2:1 FSR via NSW Low & Mid-Rise Housing Reforms (STCA)
-Strong projected rental income supported by high local studio demand
-Walking distance to UNSW, light rail, shops, and Randwick Health Precinct
For more information or to arrange an inspection, please contact the exclusive agents.
A 100% freehold interest in 7-7A Houston Road, Kensington is being offered by Auction held on site on Wednesday 20th August at 12:15pm.
Natalie Stathis 0418 481 434
Adam Bodon 0402 700 786
Remember to mention you found this property on DevelopmentReady
Close
