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Hotel/Leisure For Sale found in WESTERN FRINGE (METROPOLITAN), NSW

STUDENT ACCOMMODATION BUILDING FOR SALE

Hotel/Leisure | Other

The opportunity comprises a Purpose Built Student Accommodation building completed in March 2014, comprising 3 split floors (6 half floors) with basement car parking. The internal layout includes 64 studios and 10 shared apartments, common rooms, an internal laundry, all linked by a central lift and stairwell. The Dayman Apartments are in close proximity to the Macquarie University campus and has a track record showing a strong appeal to international students. The University has a sizeable international student contingent with 8,641 attending courses in 2017.
A Management Agreement is in place with the Macquarie University, with flexibility to continue this arrangement (subject to agreement with Macquarie University), or for the owner to terminate. The gross income for the financial year 2016 -2017 was $1.349 million*, with net income being $1.113 million*.
The freehold is offered for sale via expressions of interest closing 4pm Thursday, 7th September 2017.
*approximately

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Price: Contact Agent    Building: 2649m²    Land: 1723m²    Occupancy: Vacant

WHOLE BLOCK 8 UNITS

Development/Land | Hotel/Leisure | Other

Opportunity to purchase your own block of units in the heart of Parramatta
- 2 level brick construction
- 8x2 Bedroom units
- Land Area 992sqm
- Currently leased providing immediate cash-flow
- Proposed R4 High Density Residential
- Further development potential subject to council approval
Auction (if not sold prior)
6 October 2017
12pm on site

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Price: AUCTION - Friday 6 October 17    Building: 992m²    Land: 992m²

ACCOMMODATION CASHFLOW - SITE AREA 12,970M2 (APPROX.)

Hotel/Leisure

Substantial caravan park incorporating 98 sites.
Site Area 12,970m2 (approx.) over 5 separate lots.
Zoning: Residential R2 Potential for future residential conversion (subject to council approval)
Consisting of a various mix of sites, separate office quarters + amenities building.
The property is well located 12km (approx) from Parramatta, and 32km west of the Sydney CBD (approx).
Undercapitalised investment offering an exceptional opportunity to purchase an established park with further upside.
Property Code: 1385

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Price: POA    Building: 12970m²    Occupancy: Vacant

Suburb Summary -

Below you will find the average advertised Sale Price, Rent & Yield for this suburb.

* Excludes, where applicable, GST, outgoings and incentives. Values calculated based on the prices advertised by the agencies that list on Commercial Property Guide.
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