Punchbowl
43 Matthews Street
DA approved development for 11 boutique units
Located in the heart of Punchbowl is this DA approved block of 11 units, this unique development offers the opportunity for an astute builder or investor to construct a property with a high yielding investment or build and sell, property like this are all too hard to find.
Positioned perfectly to all of Punchbowls amenities you are only 450m to Punchbowl station, shopping, schools and places of worship.
Currently consisting of a 4-bedroom, modern brick home that could be easily rented out until you're ready to begin construction.
Approx. rental return on completion $217,000 per annum gross
Plans available via dropbox link, contact agent for relevant documents.
Sold for $1,675,000
2
2
Property Features
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Property ID 1P0281 -
Land Size 733 sqm -
Total car spaces 2 -
Frontage -
Furnished
