- Four Bedrooms on 928sqm of land
- Dual occupancy potential – R3 Zoned
- Fantastic Location close to Penrith CBD
- Opportunity to Land Bank or Develop
- 20m Frontage
On offer is an incredibly exciting opportunity for potential development. Zoned R3 on a 928sqm allotment, this property does fall under the conditions of a dual occupancy both attached and detached. The home is currently rented by a long-standing tenant of 6 years at a current rate of $520, going up to $550 in September with market value rent being $600 - $660.
The home is located a short 15 minute walk (Google Maps) to Penrith City Train Station and Penrith CBD with local amenities.
COUNCIL RATES APPROX $2300 PER YEAR
CURRENT RENTAL $520 PER WEEK