26
Paskin Street & 23 Second
Avenue
kingswood
NSW,
2747
SOLD
Sold for $2,300,000
1
1
1
Land: 2024 sqm
DA Approved for 4 lot subdivision & 5 townhouses
• DA Approved to build 5 townhouses & 3 torrens title house & land packages
• 2 approvals. 1 for a 4 lot subdivision. The other for 5 townhouses
• CDC Plans for 3 houses to go on the remaining residential lots
• Some Council fee's & bonds are already paid
• Townhouses will overlook the adjoining parkland
• Homes are freestanding with private yards & individual driveways
• Site has been cleared ready for construction
• High demand area, surrounded by large scale Government & Private investment
• Extremely low vacancy rates are leading to ever increasing rent returns
• 450m to Western Sydney University
• 550m Kingswood Railway Station
• 700m Nepean Hospital
• 200m Kingswood Bowling Club
This is the ideal development for your building company as the opportunity exists to potentially stage the development by building the 3 torrens title houses & utilising the profits to build the townhouses.
In all of my many years of Real Estate I have never seen a development site that offers a building company the options, when developing a small complex, to stage the constrcution.
An ideal location, close to major job creating amenities. Not just any jobs, highly skilled, well paid professional jobs.
Looking forward the suburb of Kingswood is set to benefit from a changing population looking for quality accomodation, in locations that offer lifestyle living.
The adjoining parkland, access to nearby Club facilities & the planned redevelopment of the Kingswood Hotel, Hilton Garden Inn Hotel in Somerset Street & the many Private medical facilities emerging from the streets surrounding the Nepean Hospital. All these significant amenities add to the lifestyle options for residents of the area.
Disclaimer: We have been furnished with the above information however, PRD Penrith & PRD Blue Mountains gives no guarantees, undertakings or warnings concerning the accuracy, completeness or up-to-date nature of the information provided. All interested parties are responsible for their own independent enquiries in order to determine whether or not this information is in fact accurate.
Agents
Nearby Schools
About kingswood
median house price
892000suburb growth
10.7%median house rent
550suburb rental yield
3.2%Similar Properties
Source: Suburb Flyover Report Series, APM Pricefinder. PRD does not give any warranty in relation to the accuracy of the information contained in this report. If you intend to rely upon the information contained herein, you must take note that the Information, figures and projections have been provided by various sources and have not been verified by us. We have no belief one way or the other in relation to the accuracy of such information, figures and projections. PRD will not be liable for any loss or damage resulting from any statement, figure, calculation or any other information that you rely upon that is contained in the material. Prepared by PRD Research © All medians and volumes are calculated by PRD Research. Use with written permission only. All other responsibilities disclaimed.
