7-11 Weston Street Fairfield, NSW 2165

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Property Description

The DA has been lodge for the approval of 40 apartments in the heart of Fairfield. This presents an unprecedented opportunity to acquire a medium scale project in a never to be repeated Fairfield location. Boasting incredible water front apartments facing the serene and tranquil De Freitas Wetland. In a quiet cul-de-sac location only a short stroll from Fairfield Train Station (400m).

Currently on title are three dwellings, one with a granny flat giving the savvy investor an opportunity to capitalise on the combined passing income of $76,960* per annum. Projects of this magnitude are rare and will be sold.

-To be sold subject to the DA Approval for 40 apartments
-Ideal unit mix (7 x 1 bedroom, 27 x 2 bedroom & 5 x 3 bedrooms & 1 x 4 bedroom)
-4 levels over a single basement
-Designed to maximise light to all apartments
-Practical and easy to build design
-Rare water front location
-Site area 1738.9m2
-Current combined passing income of $76,960* per annum
-Opposite Our Lady of the Rosary Primary School
-Quiet cul-de-sac location only 400m to Fairfield Station

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