Knight Frank as exclusive selling agents are excited to present 89 Balmain Road, Leichhardt for sale via Expressions of Interest.
The property presents an exceptional DA approved co-living/ new-age boarding house development site positioned in a thriving Inner Sydney precinct undergoing significant gentrification.
Key Highlights:
DA approved co-living/ boarding house development site for 23 self-contained studio apartments.
Single level basement car park for 12 vehicles & 5 motor bikes.
All apartments are self-contained with bathrooms and kitchens.
Excellent access to Sydney's key arterial road networks via Marion Street and Parramatta Road.
Architecturally designed to maximise returns with minimal construction costs.
Estimated gross income upon completion - $811,200 per annum.
89 Balmain Road, Leichhardt will be sold via Expressions of Interest closing on Thursday, 27 June 2024 at 4:00pm (AEST).
For further information, please reach out to the exclusive selling agents.