2-4 Jubilee Lane, Parramatta NSW 2150

Exciting & Rare Investment Opportunity

D.A APPROVED DEVELOPMENT SITE

- Sought after Location, Fringe C.B.D Position & So Close to it All
- The Existing Building consists of 4 residential units, i.e. NO STRATA FEES
- Current Rental Income from existing residential building is $69,420 Per Annum
- D.A Approved for a 9 storey student type housing containing 20 ?Studio Type? rooms; Attractive Design
- Each studio is approx. 25sqm
- Each balcony will have a lovely northerly aspect and several of them will have a most pleasant outlook to Jubilee Park
- Zoning is B4 Mixed Use with Parramatta Council
- 201.9sqm land with 19.316 Metre frontage (approx.)

PLUS AN ADDITIONAL OPPORTUNITY!!
- Option to also purchase 2A Jubilee Lane, Parramatta, increasing the development potential (S.T.C.A)

FOR FURTHER INFORMATION PLEASE CONTACT TELLY POULOS ON 0411 341 913