PRD Penrith Level 1/27 Lawson Street Penrith, NSW, 2750 02 4732 3711
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138 Stafford Street
penrith
NSW, 2750

SOLD

Sold for $1,020,000

listing rooms 6
listing bathrooms 3
listing parking 2
Land: 695.60 sqm

CBD Dual Income Opportunity.

Located on the fringes of the Penrith CBD is this perfect opportunity for any buyer with aspirations in developing or looking to landbank in a rapidly growing area. And why not enjoy an impressive dual income of $850.00 per week whilst you wait for approvals.

Standout features include:
• The front 4 bedroom home has been perfectly maintained. All bedrooms are of great size with the main boasting an ensuite bathroom. Already home to a great long-term tenant who treats the home as their own
• The Granny Flat, also tenanted features an open plan design and would also make for the perfect in law accommodation as well
• The substantial 695sqm block benefits from being zoned R3 (medium density) which allows for developments such as Boarding Houses, Duplex, Medical practice, Childcare centres, and a range of other options. The amount of these developments that have been built in this pocket alone is evidence that you're investing in the right location

The true value of this home is in the location, being only 550m from Nepean Hospital and surrounding medical facilities, 450m from Penrith Selective High School, 1.2km from Centro Nepean shopping centre and only 1.5km from Penrith Westfields and train station. Not to mention being around the corner from a medical centre, a range of local shops including various eateries and a convenience store. Dual income opportunities are rare in any market, let alone in a location like this so be quick and book your private inspection.

Disclaimer: We have been furnished with the above information however, PRD Penrith gives no guarantees, undertakings or warnings concerning the accuracy, completeness or up-to-date nature of the information provided. All interested parties are responsible for their own independent enquiries in order to determine whether or not this information is in fact accurate.

Agents

Nearby Schools

About penrith

median house price

900000

suburb growth

5.8%

median house rent

550

suburb rental yield

3.2%
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Source: Suburb Flyover Report Series, APM Pricefinder. PRD does not give any warranty in relation to the accuracy of the information contained in this report. If you intend to rely upon the information contained herein, you must take note that the Information, figures and projections have been provided by various sources and have not been verified by us. We have no belief one way or the other in relation to the accuracy of such information, figures and projections. PRD will not be liable for any loss or damage resulting from any statement, figure, calculation or any other information that you rely upon that is contained in the material. Prepared by PRD Research © All medians and volumes are calculated by PRD Research. Use with written permission only. All other responsibilities disclaimed.

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