SOLD by Rafael Posadas – 0433 777 941
Build your Dream Home or Investment!
Development opportunity right across Western Sydney University and TAFE NSW Nepean, Kingswood Campus.
Potential Boarding House, Town House, Manor Home or Duplex Development Site – Subject to Council Approval.
* Land Zoning – R3 Medium Density Residential
* Building Height Limit – 8.5m
* Land Area – 718m2
* 3 bed, 1 bathroom, 2 car garage brick home
* Corner block with dual street access
* Walking distance to Western Sydney University and TAFE NSW Nepean, Kingswood Campus
* 20 min (1.6km) walk to Kingswood Train Station
* 2 min (1.7km) drive to Nepean Hospital
* 6 min (3.8km) drive to Westfield Penrith
* Close to School, Shops, Parks, Transport and Recreation Areas
* DA20/0783 lodged with Penrith Council for a 13 room Boarding House
Potential Rental Return – $280 to $300 per week per room ($202,800 per annum) for a Boarding House.
Manor Home plans for 2 x 2 bedroom unit and 1 x 4 bedroom unit or 4 x 2 bed units.
This is truly a great opportunity not to be missed
Please call me anytime on 0433 777 941 for further information or to arrange a private inspection.
Disclaimer – The information on this summary sheet should not be relied on as a substitute for legal and real estate advice. You should make your own inquiries as to the accuracy of any information or material contained in this document.