9 Margaret Street, Cardiff, NSW, 2285 - Land Sold on 04 06 2020

SoldJun 4, 2020

9 Margaret Street, Cardiff, NSW, 2285

Amount undisclosed

420 m²

Land

•

30+ days on the market

Sold: Jun 4, 2020

What's around 9 Margaret Street

DA APPROVED DEVELOPMENT FOR 12 UNITS and COMMERCIAL SPACE

Fantastic opportunity to secure a rare infill site with considerable Investment uplift Currently Development Approved for a boarding house consisting of 12 self-contained rooms each of which consist of a bathroom, kitchenette and balcony There is also a boutique style commercial space on the ground floor. The substantial size project allows for maximum appeal as each room is of generous layout and can be easily accessed either by lift or stairway. There is also basement parking and storage available. This is truly a magnificent chance to secure a remarkable investment opportunity of 12 (TWELVE SELF CONTAINED UNITS) in a great location Strategically located in Cardiff CBD and within walking distance to local schools, shopping, train station and other amenities Potential return on investment: $265 per week per unit = $3,180.00 per week (Residential) $200 per week (Commercial shop) = $3,380.00 per week ($175,760 per annum) Contact Jesse at Mulligan Property Group on (02) 4950 1466 or 0432 160 186 for plans and documents