DA Approved Boarding House Development
Capitalise on Berala's Growth: DA-Approved Boarding House Development Site 280m to Berala Station
Richardson and Wrench Strathfield in conjunction with Anh Property Group is pleased to present 107 Graham Street, Berala offered for sale
This is a rare opportunity to secure a DA-approved 38 self-contained rooms plus 1 communal room boarding house development site in the thriving suburb of Berala just 280m approx from Berala Station.
This in-demand asset class presents a profitable opportunity, fuelled by Sydney's housing shortage, rising rents, and strong migration growth-perfect for experienced builders, developers, or investors.
Additional highlights of the property are outlined below:
- Prime 720sqm approx regular shaped land parcel
- DA approval for a 39 room boarding house, comprising 38 rooms 1 communal room with 19 parking including 1 accessible
- Flexible R4 High Density residential zoning, permitting a range of development options (STCA)
- 280m approx to Berala Train Station and Berala Town Centre
- Walking distance to primary & tertiary education, leisure activities and amenities
- Ability to capitalise on the strength of the rental property market, with record low vacancy rates and unprecedented demand for studio rooms
- All rooms are self-contained with bathroom, laundry and Kitchenette
- Potential for additional Floor Space Ratio (FSR) bonuses (STCA)
For more information or to organise an inspection please contact the exclusive selling agents:
Anh Tran on 0451 297 682
Paul Galassi on 0411 789 476
DISCLAIMER:
All information contained herein is gathered from sources we believe to be reliable. However, we cannot guarantee accuracy and interested person should conduct their own research, investigations, enquiries and obtain independent advice and reports. Forecast results may differ from results ultimately achieved. Past performance is not a reliable indicator of future performance.
Strathfield
