An exceptional opportunity to secure 2 original terraces in one of Sydney's most sought-after inner-city locations. Offering comprises of two separate boarding houses with Development Approval (DA) for a total of 20 modern rooms.
Key Highlights:
Dual Terrace Opportunity - Two 3-level terraces, each with 10 rooms, set on separate titles.
Significant Landholding - Combined 422 sqm (82 City Rd: 213 sqm | 84 City Rd: 209 sqm).
Premium DA-Approved Plans - Transform both into two high-quality, 10-room, New Age boarding houses.
Exceptional Layout - Approved plans designed for comfort and privacy, with 7 of the 10 rooms ensuited, catering to modern tenant satisfaction.
Prime Education Hub Location - Close to UTS, The University of Sydney, and Notre Dame, ensuring strong demand from students and co-living tenants.
Excellent Accessibility - Wide frontage & Rear Lane access via Maze Lane.
Walk to amenities - Broadway Shopping Centre, Central Park, public transport, cafes, and Sydney's vibrant lifestyle precincts.
Value-Add Potential - Potential to generate strong rental income with the approved redevelopment plans.
Opportunity to buy one or buy both.
Ideal opportunity for investors, developers, and owner-operators to unlock the full potential of these blue-chip property offerings in Sydney's premier educational precinct.
Inspect: Thursdays & Saturdays 11:00am - 11:30am
Auction: 10:45am onsite, Saturday 5th April 2025.