PROPERTY DESCRIPTION

This property is currently not available.

2 Ross Rd, Queanbeyan NSW is proudly presented by Rafael Posadas of gofysh | estate agents.

DA Approved Boarding House !!!

The Boarding House (25 rooms) has 21 double and 4 single rooms with at-grade parking for 15 cars.

• DA.2021.1453 (Queanbeyan-Palerang Regional Council) approved on 8th March 2023
• R4 land zoning
• 14m building height
• NO basement, all parking at-grade
• One and only New Generation Boarding House in Queanbeyan, just next to Canberra ACT

Currently a 3 bed, 2 bath home, 1 car garage with workshop and further parking for 3 cars.

Currently rented @ $650 per week ($33,800 pa)

• 4 min (350m) walk to bus stop
• 4 min (350m) walk to Queanbeyan Train Station
• 11 min (900m) walk to Queanbeyan Hospital
• 12 min (1km) walk to Queanbeyan Shops
• 5 min (3km) drive to TAFE NSW
• 8 min (7.1km) drive to Canberra Institute of Technology
• 9 min (8.3km) drive to Canberra Airport

$320 per week (potential for single room)
$350 per week (potential for double room)

Boarding House Potential Rental Return = $448,760 pa

Current Rental at Units next door (4 Ross Rd)

$450 per week – 1 bed unit
$550 per week – 2 bed unit

This is a rare offering that is highly sought!

Please call me directly 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.

Want more information?

First Name*
Last Name*
Email*
Phone Number*
Message