2a Park Ave, Waitara is a 4 bedroom, 1 bathroom House with 2 parking spaces and was built in 1940. The property has a land size of 601m2 and floor size of 184m2. While the property is not currently for sale or for rent, it was last sold in November 2024.
RWC Western Sydney is pleased to present 2a Park Avenue, Waitara for sale via Expressions of Interest.
Remarkable opportunity to secure a DA approved 25 room self-contained boarding house development in Sydney's North Shore.
Strategically located only 200m* from Waitara Train Station & 1km* from Westfield Hornsby.
Ideal for the experienced builder, developer or investor to capitalise on this high demand asset class benefitting from the current housing shortage, rising rents and migration boom.
Additional highlights of the property are outlined below:
DA Approved for 25 rooms (23 x double rooms & 2 x single rooms)
Site area 601m2*
Potential rental return upon completion of over $650,000* per annum ($500 per week average room rate)
All rooms are self-contained with bathroom, laundry and Kitchenette
Built to maximise return
200m2* from Waitara Train Station
1km* from Westfield Hornsby
Realistic vendors ready to meet the market!
The property will be offered for sale via Expressions of Interest, closing Thursday 17 October 2024 at 3:00pm. (Unless Sold Prior)
For more information, please contact the below exclusive selling agents.
* Approximately
The size of Waitara is approximately 0.7 square kilometres. It has 6 parks covering nearly 7.0% of total area. The population of Waitara in 2016 was 5941 people. By 2021 the population was 7837 showing a population growth of 31.9% in the area during that time. The predominant age group in Waitara is 30-39 years. Households in Waitara are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Waitara work in a professional occupation.In 2021, 47.50% of the homes in Waitara were owner-occupied compared with 49.30% in 2016.
Waitara has 4,020 properties. Over the last 5 years, Houses in Waitara have seen a 31.15% increase in median value, while Units have seen a 13.15% increase. As at 31 March 2026:
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