6 Milner Rd

Guildford NSW 2161

923.5 m²

House

Currently for sale - view listing

Overview

DA Approved 18-Room Boarding House in the heart of Guildford

C&A Real Estate are pleased to present to the market 6 Milner Rd Guildford. Perfectly positioned and ripe for development is this DA approved 18 room Boarding house on the doorstep of Guildford Shopping centre and Railway station. The property benefits from excellent access to public transport , major arterial roads , M4, M5, Woodville rd and Parramatta Rd. Currently on the property is a 2 Bedroom home rented for $550 per week on a periodic lease allowing the flexibility of vacant possession or a holding income until you wish to develop. Beautifully designed by Marco Abbondanza from MOAA Architects, this 2 level Boarding home sits on a semi above ground basement requiring minimal excavation for the basement parking. Additional Features include; * Low vacancy rate * 550 Metres from Guildford Station * Holding Income * Potential rent of $330 000 Per Annum (approx) * Excellent Transport connectivity with buses, rail , road This is an outstanding opportunity to secure a excellent residential development in one of Sydney's growth locations - offering both stable holding income and with strong future rental income. The property is offered FOR SALE. For more information please contact the selling agent Gihad Chami 0405 125 588