Are you looking for an excellent return for Hotel or Service Apartment site? Are you looking for a prime location to develop a commercial property? Check out this fantastic opportunity at 298-304 Parramatta Road, Ashfield, NSW. This site consists of four houses with tenants situated on a generous 1702.30 sqm of land. The property is currently zoned for mixed-use and has the potential to be developed into a service apartment with 88 rooms, providing an excellent opportunity for investors and developers. Located in the heart of Ashfield, this property offers easy access to public transportation, major shopping centres, and other amenities. The site is located near popular restaurants and cafes and is only a short distance from the vibrant and cosmopolitan city of Sydney. The houses are currently tenanted, providing a steady income stream for investors. The property ideally suits those looking to invest in a prime commercial development site while generating rental income. The site is situated in a high-traffic area, providing excellent exposure to potential customers and clients. * Four Separate title houses, offering generosity rental income * GFA: 3000 sqm ( STCA ) can suit 88 rooms Service Apartment * Large parcel of land Approx. 1702.30 sqm * Zone B6 enterprise corridor Take advantage of this chance to secure a prime commercial development site in a highly sought-after location. Contact us today to find out more about this unique investment opportunity. Disclaimer: The information in this advertisement is intended for general informational purposes only and does not constitute legal, financial, or investment advice. While every effort has been made to ensure the accuracy of the information, MetaWise Property does not guarantee its completeness, accuracy, reliability, suitability, or availability for any purpose. Any reliance you place on the information is at your own risk. MetaWise Property, its directors, employees, and agents will not be liable for any loss or damage arising from this advertisement, including indirect or consequential loss or damage. Potential buyers and investors should conduct their due diligence and seek professional advice before making any investment decision related to the property. MetaWise Property reserves the right to change or remove the content of this advertisement at any time without notice.