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Description: **Dual-Income Opportunity with Approved Granny Flat
**Ideal for First Home Buyers, Growing Family or Astute Investors
Situated on a corner block, this versatile property offers an excellent opportunity for first-home buyers, blended or growing families, and astute investors seeking dual income and strong rental potential.
Featuring a three-bedroom main residence plus an attached, approved two-bedroom granny flat, the property provides flexibility for extended family living or the opportunity to generate two separate rental incomes.
Positioned in a convenient location, the property is within walking distance to local shops and a public school, while being close to a wide range of everyday amenities and transport options. It is also just a short drive to Ropes Crossing Village Shopping Centre, Westfield Mount Druitt, the Marsden Park retail precinct, Mount Druitt Hospital, St Marys Train Station, Nepean Hospital and Penrith CBD.
MAIN DWELLING
* Three(3) generous bedrooms
* Naturally light-filled living room
* Contemporary kitchen with rangehood
* Fully tiled bathroom with bathtub and separate toilet
* Internal laundry
* Currently rented for $420 per week
* Potential rental return of approximately $500-$550 per week, subject to market conditions
APPROVED TWO-BEDROOM GRANNY FLAT
* Attached approved two-bedroom granny flat
* Two(2) well-proportioned bedrooms
* Naturally light-filled living area
* Modern kitchen
* Well-maintained, fully tiled bathroom
* Internal laundry
* Currently rented for $400 per week
* Potential rental return of approximately $400-$440 per week, subject to market conditions
DUAL-INCOME & RENTAL POTENTIAL
Current combined rental income: $820 per week
Potential combined rental return: $900-$990 per week
Potential annual rental return: $46,800-$51,480
Indicative potential rental yield: 4.9%-5.4%*
Whether you're looking to purchase your first home, accommodate a growing or blended family, provide space for extended family, or secure an investment with two income streams, this property offers a flexible combination of location, accommodation and rental potential.
*Potential rental return and rental yield figures are estimates only and are subject to market conditions, tenancy demand and the purchase price achieved.
**LOCATION:
* 3.5 km via Carlisle Ave to Westfield Mt Druitt
* 4.4 km via Carlisle Ave and Woodstock Ave to Mt Druitt Hospital
* 5.0 km via Carlisle Ave to Mt Druitt Station
* 5.7 km via Luxford Rd to Sydney Business Park, home to some of Australia's biggest names like IKEA, Lindt etc.
** DISCLAIMER: The above information is believed to be correct and accurate, however, RE/MAX Lifestyle Marketing does not guarantee its accuracy, and we urge prospective buyers to make their own enquiries if necessary. Virtual furniture for illustration purposes only.
** INSPECTION POLICY:
Please note that we are adhering to strict Government guidelines to always ensure the safety of our team and the community.
We do welcome you to attend our inspections, however kindly request that you:
* Masks are no longer mandatory however, they are highly recommended in situations where social distancing is difficult
* Adhere to the social distancing guidelines of one person per four square meters.
* Ask one of our team if you would like to open any cupboards or doors for further inspection. We are exercising a "Look don't Touch" policy to keep everyone safe.
* Keep our team and community safe by not attending an inspection if you are feeling unwell.
* Make use of the complimentary hand sanitizer provided at all viewings.
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