Joshua Cassells from Ray White Diamantidis Group is pleased to present 11 Rosedale Avenue Penrith.
This property presents an exceptional opportunity for buyers looking to invest in a rapidly growing area on the fringes of the Penrith CBD. Occupying a substantial corner block, the standout features of this property include a 4 bedroom home with open living and rear entertaining spaces, a detached garage, and a pool. With its solid rental potential, astute buyers can capitalise on the property's rental return while awaiting development approvals.
The substantial corner block is zoned R3 (medium density), allowing for a range of development options such as boarding houses, duplexes, medical practices, childcare centres, and more, subject to council approval. With many similar developments having been carried out in the vicinity.
What truly sets this property apart is its prime location. It is only 350m away from Nepean Hospital and surrounding medical facilities, 700m from Penrith Selective High School, 1.7km from Centro Nepean shopping centre, and 2.5km from Penrith Westfields and train station. Local shops, eateries, and a convenience store, along with a lovely local park just 250m away. Situated on the fringes of the Penrith CBD and Kingswood Health precinct, this property stands to benefit from the future growth of Penrith and the surrounding infrastructure for years to come.
Potential rental return of $570 - $600pw
For further information, please contact Joshua Cassells 0410 504 918.
Disclaimer: The above information has been gathered from sources that we believe are reliable. However, we cannot guarantee the accuracy of this information and nor do we accept responsibility for its accuracy. Any interested parties should rely on their own enquiries and judgment to determine the accuracy of this information for their own purposes. Images are for illustrative and design purposes only and do not represent the final product or finishes.
