This property is ideally located in a lovely street close to schools and transport in popular Oxley Park. The original quality home offers generous proportions throughout with large living area and large bedrooms, the master with ensuite bathroom, and double drive through garage. Just as it is, it provides a substantial cash flow to offset holding costs in anticipation of further development (STCA). It is also full of potential to improve for the longer term investor wishing to capitalise on the continued capital growth of the area and improve on the already great income it is producing. Dimensions 19.8m x 77.4m, land area 1530m2 (approx.) 3/4 Bedroom brick and tile home with double drive through garage Generous proportions throughout; large living and bedrooms Currently leased for $430.00 per week Less than 2km to train station 650m to primary and 2km to high school Short distance to M4/M7 motorway interchange Close to University of Western Sydney Kingswood Current Zoning Residential 2 (c) low-medium density under Penrith LEP 1998 Proposed Zoning R3 Residential medium density under Penrith LEP 2010 *STCA = subject to council approval. All interested parties must rely on their own enquiries. References to current and future development are subject to council approval (STCA) and the property is being sold in its current condition without development application or approval. OPEN HOME POSTPONED. PLEASE PHONE OUR OFFICE TO ARRANGE AN INSPECTION.