87-89 Albert Road, Strathfield

Tremendous Investment

House | For Sale

12 bedrooms
5 bathrooms
2585 m2
Contact for price
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Description

In one of the most popular suburbs, Existing DA approved and part CC Approved for 11 town houses, 8 are to be newly built with basement parking, & 3 of them are part of renovation & conversion of existing heritage house,
the conversion of the 3 town houses are DA & CC approved, with contributions paid to council on one town house,
large land 2585 m2, very rare offer, we are selling the whole site, previously sold, now it is back on the market, owner has carried out some renovation work on the 12 bedroom 5 bathroom heritage house , as they were in the process of converting it to a Medical centre, but now they wish to sell whole site, it is ready to start building, this site Is a winner, one of the best street in Strathfield, located in the popular & Expensive golden mile, tremendous sales are achieved nearby, potential unit site as council will consider the erection of units potential 20 units site , plus the existing house, SCTA, as units are being built in Beresford Rd at the back of the property, 2 bedroom units are achieving over 990,000, rental return of units over 700 per week, 3 bedroom town houses over $1.9 million, rental return of town hose over $ 950 per week, we are selling this site with the DA approval, potential total sales of 11 town houses of $21 million, New LEP allowing units on the site, overall, you can’t lose, it is an excellent development site, has location, prestige, sales, design, size, and opportunity to build units or Constructs the 11 town houses, larger area allowing open space within the new design, large yards, Garbage area, storerooms, large interiors, top designs , Land 2585 m2,
Well located, CLOSE TO EVERYTHING, transport, 500 meters to Strathfield Railway Station, and Strathfield Shopping centre, best schools is Sydney are nearby, Freeways, churches, shopping centre, and community centres

Please contact Prestige Realty Group Joe Owen on
(02) 9713 2811 to enquire about the above-mentioned property

Property Location