Castle Hill 4 Parsonage Road
Sold
$2,330,000
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Rare DA Approved Unit Site
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Are you an investor who has been looking to expand your portfolio?
Are you a builder looking to enter the market with your first unit project?
Are you an experienced developer looking for a highly profitable site?
Then this is the perfect opportunity for you.
On offer is a low entry cost property, DA approved for 6 Units over 3 storeys. Positioned in a prime location within the heart of Castle Hill, a leisurely walk to amenities including, Major retail, Metro train and Bus transport, and Castle Hill High School and Primary School catchments.
Currently tenanted for $750 per week, the property offers the flexibility to either move forward and develop, or invest in and hold for future capital realisation.
Currently approved as a small boutique complex of 6 units with a mix of:
1x 1 bedroom
2x 2 bedroom
2x 3 bedroom
1x 3 bedroom Plus Study
The end product could either be sold off for high-profit margins or retained for a sound rental return and investment.
For more information, please contact Rafi Younes on 0431 444 595 or Martin Baldacchino on 0491 21 21 21.
Property Information
- Land area approx 689sqm
Property Features
- Garages 3
Local Information Castle Hill
Education
Nearest Government Schools
- Excelsior Public School
- Castle Hill Public School
- Castle Hill High School
- Baulkham Hills North Public School
- Baulkham Hills High School
- Crestwood High School
Nearest Private Schools
- Gilroy Catholic College
- St Gabriel's School for students with special needs
- St Bernadette's Primary School
- St Michael's Primary School
- Oakhill College
- Hills Montessori School
Local Amenities
Services
- Castle Hill Post Office
- Baulkham Hills Post Office
Parks
- Greenup Park
- Castle Hill Park
- Coolong Reserve
- Whaling Reserve
Sport and Recreation
- Englefield Soccer Stadium