2A Park Avenue Waitara NSW 2077

RWC Western Sydney is pleased to present 2a Park Avenue, Waitara for sale via Expressions of Interest.

Remarkable opportunity to secure a DA approved 25 room self-contained boarding house development in Sydney's North Shore.

Strategically located only 200m* from Waitara Train Station & 1km* from Westfield Hornsby.

Ideal for the experienced builder, developer or investor to capitalise on this high demand asset class benefitting from the current housing shortage, rising rents and migration boom.

Additional highlights of the property are outlined below:

• DA Approved for 25 rooms (23 x double rooms & 2 x single rooms)
• Site area 601m2*
• Potential rental return upon completion of over $650,000* per annum ($500 per week average room rate)
• All rooms are self-contained with bathroom, laundry and Kitchenette
• Built to maximise return
• 200m2* from Waitara Train Station
• 1km* from Westfield Hornsby
• Realistic vendors ready to meet the market!

The property will be offered for sale via Expressions of Interest, closing Thursday 17 October 2024 at 3:00pm.

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

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