Situated in the sought-after suburb of Maroubra which is a CBD of the Eastern Beaches, this development site offers an excellent opportunity for investors or developers looking to capitalize on the growing demand for boarding home/student accommodation investments and the hard work of the development approval has already be done for you. With a two street frontage and R3 zoning the property also represents value to be sub-divided into two free standing houses or two very large duplexes to be built STCA. The property boasts DA (Development Approval) for a 26-room boarding home, making it an ideal investment for those in the student accommodation or the low cost housing accommodation sector. The approved plans have been thoughtfully designed to maximize livability and provide spacious, comfortable living quarters for residents with an easy low cost build.

+ Development Site: With a development approval in place, this property offers a streamlined opportunity for those looking to commence construction immediately. Save precious time and effort associated with obtaining necessary approvals from local councils.
+ Two Street Frontage: Offering frontage on two streets enhances accessibility and provides multiple entry options for residents and staff. This makes the property easily accessible and convenient for residents and visitors alike.
+26 Room Boarding Home: The property's DA includes approval for a 26-room boarding home, catering to the growing demand for accommodation in the area. This provides a significant revenue-generating opportunity and potential for excellent returns on investment.
+ Prime Location: Maroubra is a highly sought-after suburb known for its relaxed coastal lifestyle, beautiful beaches, and proximity to amenities. With easy access to schools, shopping centers, and public transportation, this property presents convenience for residents and potential tenants.
+Development Potential: Beyond the approved plans, this property provides additional development potential for those seeking to expand or modify the existing structure. The versatile nature of this property allows for flexibility to accommodate changing market demands or individual preferences.
+ The combination of the property's prime location, two street frontage, and approved plans positions this property as a solid investment opportunity. The high demand for boarding homes and proximity to essential amenities make it an attractive choice he