FOR SALE
EXPRESSIONS OF INTEREST

35 Carinya Street
Blacktown NSW 2148

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 1m2
Land area: 1075m2
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DA Approved 46-Room Boarding House with CC in Progress

Ray White Commercial NSW is pleased to present 35 Carinya St Blacktown for sale via Expressions of Interest.
Ready for the experienced builder, developer or investor to capitalise on this exceptional opportunity with all the hard work completed. Boasting a DA approval for a 46-room boarding house with construction certificate (CC) already in progress and well advanced.
Never has there been a better time to take advantage of this high demand asset class especially with the current housing shortage, rising rents and migration boom.
Located within NSW's largest council planned for sustainable growth, this site is walking distance from Westpoint Shopping Centre, Blacktown Train Station and 2.5km* away from Blacktown Hospital.
Additional highlights of the property are outlined below:
* Site area 1,075m2*
* DA approved for 46 rooms (4 x single room & 42 x double rooms)
* Built to maximise return
* Major advancements and additional preliminary works exceeding $250,000* completed.
* Potential rental return upon completion of over $1,100,000* ($470 per week average room rate)
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Property Details for 35 Carinya St, Blacktown

Building Type
Commercial
Floor Size
1m2
Land Size
1075m2

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About Blacktown 2148

The size of Blacktown is approximately 15.9 square kilometres. It has 72 parks covering nearly 6.8% of total area. The population of Blacktown in 2011 was 43,374 people. By 2016 the population was 47,158 showing a population growth of 8.7% in the area during that time. The predominant age group in Blacktown is 30-39 years. Households in Blacktown are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Blacktown work in a professional occupation. In 2011, 61.9% of the homes in Blacktown were owner-occupied compared with 56.1% in 2016.

Blacktown has 21,692 properties.

    There are currently 147 properties listed for sale, and 112 properties listed for rent in Blacktown on OnTheHouse. According to CoreLogic's data, 1111 properties were sold in the past 12 months in Blacktown.

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