Perfect for savvy investors looking for instant income and future development opportunity.This 733.5sqm block is zoned R3 medium density perfect opportunity in the heart of Penrith. Boasting a 3 bedroom updated home not forgetting the perfect addition of a separate 2 bedroom granny flat only a few years young, both properties already returning a great income with tenants wanting to stay. You just can't go wrong.Location is everything when investing or developing, being within walking distance to all essential amenities such as:- Penrith High Selective school (760m)- South Penrith Primary (230m)- Jamison Park (900m),- Nepean Square (1.1km),- Penrith Station (1.3km),- Penrith CBD Restaurant Precinct (1.4km),- Nepean Hospital (1.1km)