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GJS Property - SYDNEY OLYMPIC PARK

239 Pennant Hills Road Thornleigh, NSW 2120

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239 Pennant Hills Road,
Thornleigh, NSW 2120

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GJS Property - SYDNEY OLYMPIC PARK
Tim Paxton

GJS Property - SYDNEY OLYMPIC PARK

Suite 2.07, Quad 2, 6 Parkview Drive
SYDNEY OLYMPIC PARK, NSW 2127
04327602...
GJS Property - SYDNEY OLYMPIC PARK
239 Pennant Hills Road
Thornleigh, NSW 2120

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Map of 239 Pennant Hills Road

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D.A APPROVED DEVELOPMENT SITE FOR SPECIALIST DISABILITY ACCOMODATION (SDA)

  • Vacant Site - Ready to Build
  • Approved to Construct 6 SDA Apartments
  • Potential High Returns via NDIS Rental
GJS Property is pleased to present to market the opportunity to purchase a vacant 1,519m2 lot with DA approval to construct a Specialist Disability Accommodation (SDA) complex in Sydney’s northern suburbs located amongst quality amenity and on major rail, bus and road arterials.

The approved DA gives the ability to build a 6-apartment complex that can specifically cater for up to 12 tenants with disabilities and provide the convenience of living independently within the community. Significantly, once the property is tenanted, the astute developer, builder or investor will have an opportunity to capitalise on the high rental returns on offer via the Federal Government’s National Disability Insurance Scheme (NDIS), which legislates that the government pays the majority of each tenants rent.

As construction is approved to commence, the successful purchaser can utilise DA approved plans and all regulatory and government approvals from the current owner. The opportunity beckons for the boutique builder, NDIS provider or investor to kick start this project and benefit from potential risk-free returns.

The property will be sold via Expressions of Interest closing on Thursday 23rd March 2023 at 3pm.

For more information, please contact the exclusive agent, Tim Paxton from GJS Property.

Thornleigh, 2120 demographic data

The median household income for Thornleigh is $2,681, 29% higher than Greater Sydney's household income of $2,077. Thornleigh has an older age profile compared to the rest of Greater Sydney (median age 40 vs 37). Property ownership data shows 57% of property owners in Thornleigh have a mortgage.

8,898
Population
$2,681 per week
Median household income
40 years
Median age
Owners
Most residents
Families
Most households
GJS Property - SYDNEY OLYMPIC PARK
Suite 2.07, Quad 2, 6 Parkview Drive
SYDNEY OLYMPIC PARK, NSW 2127

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