This prime property offers dual income with a potential weekly rental return of $1150 per week. It is situated in the very popular Glen Regents Estate, nestled in the most sought out street in the area. Offering a tranquil rural relaxed feel, it is opposite Leacocks Reserve and only a stone's throw from the most prestigious private school in the south west - All Saints Catholic College.
It's a fantastic opportunity to take hold of a great investment! Massive 2016 sqm block of land zoned R2 with a 33.22 metre frontage. It has DA approval for subdivision into 450 sqm blocks (approximately) with two street frontages and a rear battle-axe block of 932 sqm. Stage 2 DA approval to convert the existing home into two Torrens title duplexes with the current brick residence.
The first residence consists of 3 good sized bedrooms, L shaped lounge, a large newly renovated bathroom, presentable kitchen with combined dining, a sunroom and an internal laundry.The second dwelling features 3 double sized bedrooms, massive lounge, a sizeable bathroom with separate toilet, a teenager's retreat, neat & tidy kitchen and a large laundry with plenty of storage.
This residence is a must see for anyone looking for a great investment with high rental return until development. Alternatively, would suit the large family needing separate accommodation. A peaceful and relaxed atmosphere that's in very close proximity to all amenities, including Casula shopping mall, schools and transport.Call me today!