Adam Charles is pleased to offer a DA-approved 8-storey mixed-use development comprising one ground-floor commercial tenancy, 44 boarding rooms, and one manager’s room.

Key Highlights

– DA Approved for an 8-storey mixed-use building with 44 boarding rooms, 1 manager’s room, and ground floor 63 sqm commercial tenancy.
– Self contained Studios average over 23 sqm*, each with private balconies, delivering a premium product.
– Planning Upside – Approved at 3:1 FSR (over the base 2.5:1) with 28m height limit, maximising potential.
– Located in a high-demand rental precinct with low vacancy rates, with anticipated average weekly rents around $600 per room.
– Future high returning investment- Forecast gross rental income ~$1,500,000 p.a., meeting Sydney’s affordable housing demand.

Location Highlights

– Prime Transport Access – Less than a 1-minute walk to Banksia Train Station, offering direct and frequent services to Sydney CBD, Mascot, and Sydney Airport.
– Strategic Road Connectivity – Situated on the Princes Highway, providing seamless access to surrounding suburbs and the CBD.
– Convenient Bus Links – Regular bus routes just a 2-minute walk away connect Banksia to Rockdale, Eastgardens, and other neighbouring areas.
– Transforming Urban Precinct – Located within a revitalising area benefiting from new green open spaces and upcoming developments, enhancing local infrastructure and lifestyle amenity.

118 Hattersley Street, Banksia is offered for sale via expressions of interest closing 10th December 2025.

For further information and the due diligence package, contact the exclusive agents at Adam Charles.