Prime DA Approved Boarding House Opportunity The Savills NSW Metropolitan & Regional Sales team is pleased to offer via an Expressions of Interest campaign a full DA Approved Boarding House Site in one of Sydneys fastest growing precincts. Comprising of 41 self-contained studios arranged over three levels which can accommodate up to seventy-seven (77) tenants and twenty-one (21) car parking spaces within a single basement.- Potential Gross Annual Income of $700,000pa* ($330pw per room)- 5 x Single Rooms and 36 x Double Rooms- 1,062sq m* site located on a quiet cul-de-sac Petty Avenue (30m* frontage)- Zoned R4 High Density- Attractive location and surrounded by residential housing- High quality design by Urban Link architects- Bus stops are situated just over 100m* to the north- Yagoona Train Station is situated 280m* south east of the property- Very low contributions payable ($54,000*)- Close proximity to the Hume Highway (A22), Foodworks, BWS and multiple local restaurants.- The immediate area is served by a number of highly regarded primary and secondary schools as well as numerous parks and open space.- One stop north of Bankstown which is home to a range of international and national retailers.- No contamination, flooding or heritage issues.- Land Tax exemptions may be applicable.For Sale by Expressions of InterestClosing 2pm Friday 6 March *Approx.