Wiley Park
5 Shadforth Street
DA approved boarding home
Mayfair Real Estate are pleased to offer 5 Shadforth St, Wiley Park
The Site offers buyers a prime opportunity to secure a DA approved site for a three storey new-gen boarding house containing 20 self-contained rooms and only half a basement.
Situated only 300m from Wiley Park station, and surrounded by local amenities such as shops and parklands this site is positioned perfectly to take advatge of the current upgrade to the Sydney Metro Line.
With the rental market exceptionally competitive at the moment, this is an ideal opportunity to capitalise on the growing rental demand for affordable accommodation in the area.
Key Features:
- Site Area of 702sqm*
- DA approved for 20 self contained rooms
- Ground floor communal room
- Efficient design and build
- Three (3) storey building over a half basement
- All rooms are fully self contained
- Generous sized rooms
- Strategically located only 300m from Wiley Park Station
- $400,000 per year estimated rental return
- Strong potential for high rental return and growth
*approximately
Sold for $1,660,000
20
Property Features
-
Property ID 1P0680 -
Land Size 702 sqm -
Frontage -
Furnished
