DA Approved Boarding House

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.