157-161 William Street, GRANVILLE, 2142, New South Wales

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Subject: 157-161 William Street, GRANVILLE, 2142, New South Wales

Auctioned

Auctioned for $3,760,000 (Sep 29, 2016)

Development opportunity with DA approved New Age boarding house

Property ID: 9588619

Ideal student accommodation

Investors, builders and developers will be highly impressed by the great positioning, large land size and approved development of this unique property offering. Set on a level 1,969sqm corner block over two titles, it represents a prized opportunity to capitalise on a substantial landholding in a prime location in the heart of Granville. The development site comes complete with DA approval for a New Age boarding house facility incorporating 39 self-contained rooms.

Mostly cleared land with an existing brick cottage on site

A wide frontage of more than 41metres Woodville Road and 47metres William Street

Mixed zoning with R2 low-density and B1 neighbourhood zones

39 self-contained rooms with approval for up to 78 occupants

Plans also include a manager’s residence as part of the development

A prime corner position with rare vehicular access from any direction.

Bus stops at the front door

In the corridor of the draft Woodville Road Planning Strategy 2015 (R4 high Density Residential)

Walking distance to the train station, shops and local schools

Moments to 15,000 student, Granville Tafe (South Western Sydney Institute)

Auction Venue: Auction Works Mezzanine Level 50 Margaret Street Sydney

TenantedYes
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