DA Approved Boarding Home with commercial space

Mayfair Real Estate are pleased to offer 71 Helen St, Sefton via Public Auction.

The Site offers buyers a prime opportunity to secure a DA approved site for a three storey new-gen boarding house containing 20 self-contained rooms plus managers room, rooftop communal room and 174sqm of street facing commercial space.

Situated only 220m from Sefton station, and surrounded by local amenities such as Chester Hill Square, cafes, and only moments to TAFE Granville.

With the rental market exceptionally competitive at the moment, this is an ideal opportunity to capitalise on the growing rental demand for affordable accommodation in the area.

Key Features:
- Site Area of 579 sqm*
- Multiple Street Frontages
- DA approved for 20 rooms plus a manager's room
- Rooftop communal room
-174sqm street facing commercial space
- Efficient design and build
- Three (3) storey building over a single basement
- All rooms are fully self contained
- Generous sized rooms
- Strategically located only 220m from Sefton Station
- $440,000 per year estimated rental return
- Strong potential for high rental return and growth