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Savills - Sydney CBD

2-4 Petty Avenue Yagoona, NSW 2199


2-4 Petty Avenue,
Yagoona, NSW 2199

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Savills - Sydney CBD
Ollie Ridley
Nick Lower

Savills - Sydney CBD

Level 25, 1 Farrer Place
Savills - Sydney CBD
2-4 Petty Avenue
Yagoona, NSW 2199

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Map of 2-4 Petty Avenue


Prime DA Approved Boarding House Opportunity

  • DA Approved for 41 Studios
  • Potential Annual Income of $700,000*
  • 1,062sq m* Site in quiet location
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 Sydney’s 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 Interest
Closing 2pm Friday 6 March


Property ID: 503457654Last Updated: 4 May 2020

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