Discover an outstanding opportunity that combines immediate rental income with exciting development potential. This prime corner block boasts a spacious front house and a separate granny flat, both currently leased to quality tenants, generating an impressive $1,300 per week ($67,600 annually).
Perfectly positioned just minutes from Padstow Shops, restaurants, local schools, parks, buses, and the train station, this property is an ideal choice for investors, developers, builders, or families looking to upsize or downsize.
Property Highlights:
- Land size: 556sqm with an over 19m wide frontage (approx.)
- Potential duplex site (STCA) - Corner block offering greater flexibility for development
- Clear site: No easements, as a perfect blank canvas for future projects
Front House Features:
- Elegant plantation shutters & timber flooring throughout
- Renovated kitchen & bathroom, adding modern comfort and style
- New air conditioning system & solar panel for energy efficiency
- Covered entertaining area + family-sized yard with an additional 2nd toilet
- Spacious front yard with full fencing & a separate garage for secure parking
Granny Flat Features (built in 2018):
- Bright & airy living area with an open-plan kitchen featuring gas cooking
- 2 double-sized bedrooms with built-in wardrobes
- Private street access with its own fully fenced backyard
Unbeatable Location:
- 400m to Padstow North Public School & Playford Park
- 600m to KU Children's Centre & TAFE NSW Padstow
- 1km to Padstow's vibrant heart & train station
- Easy access to the motorway, connecting you to Sydney and beyond
This is a rare opportunity to secure a high-returning investment with future growth potential in a prime location. Whether you're an investor, builder, or family, this property offers flexibility, strong rental returns, and endless possibilities.
Act fast - opportunities like this don't last long!
Contact Matthew 0433 985 065 to arrange your inspection!
Sell Smarter ...ask a Local
Disclaimer: We have been furnished with the above information however, PRD Panania gives no guarantees, undertakings or warnings concerning the accuracy, completeness or up-to-date nature of the information provided. All interested parties are responsible for their own independent enquiries in order to determine whether or not this information is in fact accurate.
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