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Sold! $1,125,000

DA APPROVED 13 ROOM BOARDING HOUSE!

42 SURREY STREET, Minto

  • 3
  • 1
  • 1
  • 784 Square metres
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  • 42 SURREY STREET, Minto
  • 42 SURREY STREET, Minto
  • 42 SURREY STREET, Minto
  • 42 SURREY STREET, Minto
  • 42 SURREY STREET, Minto
  • 42 SURREY STREET, Minto

We are pleased to present 42 Surrey Street, Minto by award winning agent Vedant Agrawal .

This prime investment opportunity boasts not only on proximity to essential amenities but also parks, and educational institutions just a stone's throw away. With easy access to multiple bus stops 400m to Minto train station and shops, this creates the ideal positioning for a development site with DA Approval for a 13 room boarding house which is one of a kind.

WHAT WE LIKE ABOUT THIS PROPERTY:
- DA approval for one of the last available boarding houses with council rules having changed
- Featuring 13 generously sized rooms complemented by additional office spaces and a communal area on each floor
- Currently leased at $400 per week with the flexibility of a non-fixed lease agreement and rental increases
- Exceptional rental potential ranging from $380 to $410 per week per room once built
- 20-meter frontage and an expansive depth of 39.1 meters giving the ideal shape for a development block
- Conveniently located a short distance from Minto station and shops- a location one of a kind!
- DA plans avaliable on request and CC + contributions calculations done

Perfect for developers and savvy investors. Don't miss out on this golden opportunity

Contact Vedant Agrawal on 0490 173 525 to arrange an inspection or for further details.

Disclaimer: The above information has been gathered from sources that we believe are reliable. However, we cannot guarantee the accuracy of this information, and nor do we accept responsibility for its accuracy. Any interested parties should rely on their own inquiries and judgment to determine the accuracy of this information for their own purposes. Images are for illustrative and design purposes only and do not represent the final product or finishes.

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