Prime Investment Opportunity: DA Approved Boarding House in South Bathurst - Ready for Development!
With an approved DA for the construction of 16 two-person units and a manager’s quarters, this property provides a lucrative investment opportunity. This shovel-ready project offers a seamless path to construction with some sewerage and stormwater works already completed. Join the initiative for affordable housing with excellent rental prospects of approximately $250k per annum. Benefit from significant depreciation benefits from a new build and explore additional income streams. This promising investment opportunity in South Bathurst is sure to please.
FEATURES:
-DA approval for 16 units and managers quarters
-Rental prospect approx $250k per annnum
-Large vacant block available for auction.
-Conveniently located close to town center
FAST FACTS:
-Land size: Aprox. 1447sqm
-Land rates: Approx. $3464 p/a
-School zones: South Bathurst Public School 0.73km
-Denison College of Secondary School, Kelso High Campus 4.62km
DISCLAIMER
All information (including but not limited to the property areas, floor size, price, address and general property description, opinions and/or articles) on the McGrath website is provided for general information and/or educative purposes only. The content does not constitute professional advice (be it of a legal, financial or taxation nature) and should not be relied upon as such.
Key Details
- Land size (approx.) 1447 m2
- Council rates Contact Agent