Discover an incredible opportunity to invest in a DA-approved development site in the bustling suburb of Berala, just 280m from Berala Station. This approved project includes 38 self-contained rooms and a communal space, making it an attractive venture for seasoned builders, developers, or investors. With Sydney's high demand for housing, rising rental prices, and ongoing migration growth, this property is brimming with potential.
Key Features:
* Generous 705sqm* block with a regular shape, perfect for efficient planning
* DA approval for a 38-room boarding house, including:
* 3 single rooms
* 35 double rooms, one of which is a manager's room
* 1 communal room with 19 parking spaces, including an accessible spot
* Zoned R4 High Density Residential, offering flexible development options (STCA)
* Conveniently located just 280m* from Berala Train Station and Berala Town Centre
* Walking distance to schools, recreational facilities, and essential services
* Leverages Sydney's competitive rental market with strong demand for studio accommodation and record-low vacancy rates
* Each room is fully self-contained with its own bathroom, laundry, and kitchenette
* Potential for additional Floor Space Ratio (FSR) bonuses, subject to council approval
Don't miss this chance to secure a lucrative and high-demand asset. Contact us today to learn more and make this prime opportunity yours.
IM & DA Plans Available Upon Request
Disclaimer: We have in preparing this document, used our best endeavours to ensure that all the information contained in this document is true and accurate, but accept no responsibility and disclaim all liability in respect of any errors, omissions, inaccuracies or misstatements contained in this document.
