DA Approved Boarding House 20 Fully Self Contained Studios + Communal room

73 High Street Parramatta This is a rare opportunity to acquire a DA approved boarding house development site - Almost ready to build. CC pending ( 80% completed and already paid ) - Easy to build - accessible corner site. - Small basement. Cheaper to build. - 4 levels above ground with Lift access - Vacant, level block - The land is zoned: MU1 Mixed Use PLEP2023 Perfectly positioned, Only 9 minutes walk Parramatta Station and Westfield Shopping ( 700m ) Only 3 minutes walk to Harris Park Station & shops ( 250m ) - Rental income potential of approx. $ 400,000 p.a. - No strata levies. - Strong rental demand - Excellent quiet location Fantastic design, 20 Large fully self-contained Studios, Including 1 Managers Studio with balcony & car space. Large Communal Room with terrace balcony. Prime location Only 9 minutes walk to Parramatta Station & Westfield Shopping ( 700m ) Walk to all City Centre & Western Sydney University Parramatta Campus This is an ideal long-term investment. Strong net income potential upon completion. The completed development will be a great investment and will generate a significant income. This great location will enjoy everything that Parramatta City has to offer including the new light rail service and Parramatta Square urban development. Further information please email or call exclusive agents D&D REAL ESTATE. Azzam Derbas 02 9687 6555 or 0418 467 500 . Walk to Parramatta Square- the largest urban renewal projects in Australia, a World-Class Civic Centre. Invest in Parramatta City and be rewarded, this city is undergoing unprecedented growth & development. Including currently under construction: • Parramatta Square - a World-Class Civic Centre Click here: https://www.cityofparramatta.nsw.gov.au/vision/parramatta-square • Light Rail project Click here: https://www.parramattalightrail.nsw.gov.au/ • Powerhouse Museum Parramatta. River Click here: https://www.maas.museum/new-powerhouse/ Powerhouse Parramatta is the largest investment in cultural infrastructure since the Sydney Opera House and will be the first NSW State Cultural Institution to call Western Sydney home. Featuring over 18,000 square meters of museum exhibition and public spaces, Disclaimer: All information contained herein is gathered from sources we deemed or believed to be reliable. We do not warrant the accuracy of the information and interested persons should rely wholly on their own inquiries.