Development Potential – R3 zoning

SOLD by Rafael Posadas – 0433 777 941

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Build your Dream Home or Investment!

Development opportunity right across Western Sydney University and TAFE NSW Nepean, Kingswood Campus.

Potential Boarding House, Town House, Manor Home or Duplex Development Site – Subject to Council Approval.

* Land Zoning – R3 Medium Density Residential
* Building Height Limit – 8.5m
* Land Area – 718m2
* 3 bed, 1 bathroom, 2 car garage brick home
* Corner block with dual street access
* Walking distance to Western Sydney University and TAFE NSW Nepean, Kingswood Campus
* 20 min (1.6km) walk to Kingswood Train Station
* 2 min (1.7km) drive to Nepean Hospital
* 6 min (3.8km) drive to Westfield Penrith
* Close to School, Shops, Parks, Transport and Recreation Areas
* DA20/0783 lodged with Penrith Council for a 13 room Boarding House

Potential Rental Return – $280 to $300 per week per room ($202,800 per annum) for a Boarding House.

Manor Home plans for 2 x 2 bedroom unit and 1 x 4 bedroom unit or 4 x 2 bed units.

This is truly a great opportunity not to be missed

Please call me anytime 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.