35 Carinya Street Blacktown NSW 2148

Ray White Commercial NSW is pleased to present 35 Carinya St Blacktown for sale via Expressions of Interest.

Ready for the experienced builder, developer or investor to capitalise on this exceptional opportunity with all the hard work completed. Boasting a DA approval for a 46-room boarding house with construction certificate (CC) already in progress and well advanced.

Never has there been a better time to take advantage of this high demand asset class especially with the current housing shortage, rising rents and migration boom.

Located within NSW's largest council planned for sustainable growth, this site is walking distance from Westpoint Shopping Centre, Blacktown Train Station and 2.5km* away from Blacktown Hospital.

Additional highlights of the property are outlined below:

* Site area 1,075m2*
* DA approved for 46 rooms (4 x single room & 42 x double rooms)
* Built to maximise return
* Major advancements and additional preliminary works exceeding $250,000* completed.
* Potential rental return upon completion of over $1,100,000* ($470 per week average room rate)
*All rooms are self-contained with bathroom, laundry and kitchenette
* Situated in a high growth precinct
* 600m* walk to Westpoint Shopping Centre, Blacktown Train Station
*Realistic vendor says SELL!

The property will be offered for Expressions of Interest, Closing, Wednesday 24 July 2024 at 3pm.

For more information, please contact the exclusive selling agents.

* Approximately