35
Lemongrove
Road
penrith
NSW,
2750
SOLD
Sold for $840,000
4
2
2
Land: 581 sqm
Old World Charm offering Significant Potential
Originally built in the late 1800?s this weatherboard Workers Cottage has been kept in remarkable condition with modern influence and upgrades. The home offers very comfortable accommodation while hallmarks of the by-gone era can still be appreciated with high ceilings, ornate cornice and ceiling roses, original fireplace with ornate mantle and wide feature architraves throughout. There is no doubt the standout upgrade of this residence was the addition, some time back, of the ?loft?. The loft is freestanding (connected to house via carports), fully self contained with own kitchen, bathroom/laundry, living and sleeping areas and own courtyard. The combination of both these dwellings will suit families, in-law accommodation or home based businesses where separation of work and home life is required. It will suit investors thanks to a strong combined rental income of $720 per week and thanks to the character of the ?loft? and the demand for this location could also be used as short stay accommodation to earn extra income from websites like Airbnb. ?Lemongrove? holds historical significance as part of one of Penrith?s original suburbs and now sits adjacent to ?Thornton?- Penrith?s fastest growing centre with walking access to the railway and CDB. We would love to introduce you to this home with an inspection.
Agents
Nearby Schools
About penrith
median house price
900000suburb growth
5.8%median house rent
550suburb rental yield
3.2%Similar Properties
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.
