Kua Hokona
68 & 68a Penrose Crescent, South Penrith represents the perfect investment opportunity currently bringing in $1,010.00 per week in rent. The excellent location is close to a variety of schools, major shopping centres and other points of interest such as Nepean District Hospital, Western Sydney University and easy access to the M4 Motorway and Penrith Station as well as the soon to be commissioned Western Sydney Aerotropolis. Make no mistake, this is prime growth territory. Please see our drone aerial images in the photo carousel showing exact distances to the many surrounding points of interest.
With a charming, renovated cottage and near new secondary dwelling this build represents the perfect site layout with each dwelling enjoying its own character, defined boundaries and privacy. The occupants love this and it leads to low vacancy. The property is fully leased to excellent tenants. Features include:
Primary Dwelling:
Recently renovated there is no need for any further spending. Currently leased for $520 per week with lease expiring 02/05/2025.
* Three bedrooms each with its own built-in wardrobe
* Reverse cycle split-system air-conditioning system
* Both kitchen and bathroom professionally renovated
* Level regular-shaped block with side access to yard
* Garage plus workshop approx. 5.8m x 5.8 m or 34m2
* Plenty of additional off-street parking along driveway
Granny Flat/Secondary Dwelling:
Completed in early 2022, the quality of both the design and build are obvious. Positioned at the rear of the block it enjoys a lovely leafy and private aspect with North facing garden. Currently leased for $490.00 per week with lease expiring 03/08/2025.
* Galley kitchen with quality appliances adjoining living/dining area
* Comfortable living area with sliding doors opening to the garden
* Privacy windows in both lounge & bedrooms provide natural light
* Efficient heat pump hot water and split system air-conditioning
* Each bedroom has built-in wardrobes and is 3.1m x 3.1m in size
* Combined bathroom/laundry. Private pedestrian access via side
The contract of sale, FAQ sheet with additional information and offer to purchase form and process is available to safely download from the Stanton & Taylor Real Estate Website. You can also obtain these by sending an email enquiry by clicking on the 'Get in touch' or 'Enquire' button on REA or Domain (not SMS).
*Disclaimer: We have obtained all information in this document from sources we believe to be reliable; however, we cannot guarantee its accuracy. Prospective purchasers are advised to carry out and rely entirely upon their own investigations.