Scott Petersen
Agent Name
Australia | Arkell
74-76 Bant Street, South Bathurst, NSW 2795
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
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