« Back to Listing
Print Now

DA Approved Boarding House

9 Reddan Avenue, Penrith NSW 2750

Contact Agent
1P0074 - For Sale
DA Approved Boarding House
Beds: 4 Baths: 1

9 Reddan Ave, Penrith is proudly presented by Rafael Posadas of gofysh | estate agents.

Position, Position, Position – Development close to Nepean Hospital

The Boarding House (25 rooms) has 10 single rooms, 14 double rooms, a Manager’s room with parking for 13 cars.

– R3 land zoning
– 8.5m height limit
– DA19/0658 approved with Penrith Council on 17/11/2020
– Boarding House has 25 rooms and 13 car parking spaces
– 400m (5 min walk) to Nepean Hospital
– 550m (7min walk) to Sydney Medical School, Nepean
– 550m (7min walk) to Penrith Selective High School
– 1.6km (20 min walk) to Kingswood Train Station
– 2km (24 min walk) to Western Sydney University, Kingswood Campus
– 2.7km (5min drive) to Westfield Penrith
– Close to Schools, Shops, Cafes, Parks, Transport and Recreation Areas

Potential Rental Return – $390,000 per annum ($280 to $300 per week per room)

This is a rare offering that is highly sought!

Please call me directly 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.

Rafael Posadas Rafael Posadas
Director | Licensed Real Estate Agent and Auctioneer
0433 777 941