Australia | Abercrombie River

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74-76 Bant Street, South Bathurst, NSW 2795

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Description

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

DISCLAIMER All information (including but not limited to the property areas, floor size, price, address and general property description, opinions and/or articles) on the McGrath website is provided for general information and/or educative purposes only. The content does not constitute professional advice (be it of a legal, financial or taxation nature) and should not be relied upon as such.

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Scott Petersen

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5 (14 Reviews)

Todd Houghton

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5 (14 Reviews)

# Report Listing

  • Suites 7 & 9, 73a William Street, BATHURST, NSW 2795
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    Scott Petersen

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    Todd Houghton

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