38 Manning St, Kingswood is a 4 bedroom, 1 bathroom House with 3 parking spaces. The property has a land size of 556m2. While the property is not currently for sale or for rent, it was last sold in October 2020.
Ray White Commercial NSW is pleased to present 38-40 Manning Street Kingswood for sale via Auction.
Unique opportunity to acquire this DA approved site for a two (2) storey boarding house containing 37 rooms and a manager's room on a site area of 1,112.80m2*.
Strategically located within walking proximity to Western Sydney University Kingswood and Werrington campuses, TAFE NSW, Nepean Hospital and Kingswood railway station.
Additional highlights of the property are outlined below:
* Site area 1,112.8m2*
* DA approved for 37 rooms (33 x single room & 4 x double rooms)
* Extensive frontage 31.34m*
* Efficient design & build
* Two (2) storey design over single basement for 19 car spaces
* High potential yielding investment
* Potential $501,800* per annum gross income on completion ($250 per week average)
* Situated in a high growth area
* 280m* Pedestrian link to Western Sydney University
* Extremely limited availability at UWS Village Penrith (Kingswood) campus with waitlist
The property will be offered for Auction, on Tuesday 21 April 2020 at 10.30am - ONLINE.
For more information, please contact the exclusive selling agents.
*Approx.
The size of Kingswood is approximately 5.3 square kilometres. It has 22 parks covering nearly 10.3% of total area. The population of Kingswood in 2011 was 9,107 people. By 2016 the population was 9,288 showing a population growth of 2.0% in the area during that time. The predominant age group in Kingswood is 20-29 years. Households in Kingswood are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Kingswood work in a professional occupation. In 2011, 51.4% of the homes in Kingswood were owner-occupied compared with 44.9% in 2016.
Kingswood has 5,434 properties. Over the last 5 years, Houses in Kingswood have seen a 64.54% increase in median value, while Units have seen a 34.13% increase. As at 31 October 2024:
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