RWC Western Sydney is pleased to present 57 Deakin Street, Silverwater for sale via onsite Auction. Ready for the experienced builder or developer to capitalise on this exceptional opportunity with all the hard work completed. Boasting a DA & CC (stage one) approval for an 18-room boarding house plus communal area. Perfect opportunity to capitalise on this booming asset class benefiting from the current housing shortage, migration boom and low vacancy rates. Additional highlights of the property are outlined below: • DA & CC (stage one) approved 18-room boarding house development site • Configuration 18-Rooms: 8 x single rooms, 9 x double rooms & 1 manager room • Substantial onsite works commenced • All rooms self-contained & oversized for maximum comfort • Potential rental of $411,840* per annum (equating to $430 - $450 per room) upon completion • 1km* to Auburn Redyard Shopping Mall • 1.1km* to Auburn Megamall • 1.5km* to Lidcombe Shopping Centre • FORCED SALE - Instructions to SELL! The property will be offered via onsite Auction, Thursday 5 December 2024 at 11am. For more information, please contact the below exclusive selling agents. *Approximately
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Property ID: 504731860