Set on a substantial 796.7sqm parcel with a 18m frontage from the building line and a sprawling 27m rear, this unique property offers outstanding multi-income potential and future development opportunities (STCA). Nestled in a quiet cul-de-sac with sweeping valley views, it generates an impressive approx. $95,000 p/a, making it an ideal investment. Solidly constructed with concrete and steel beams, this property is built for enduring stability and luxury, with multiple self-contained residences.
The upper level offers a spacious 5-bedroom home returning approx. $995 per week, featuring high ceilings, ducted A/C, and a balcony overlooking stunning valley views. The entertainer's kitchen boasts a large island bench, gas cooking, stainless steel appliances, and a cozy fireplace, filling the space with warmth and natural light.
Below, a 2-bedroom residence includes a full kitchen with luxury appliances, bathroom, laundry, and sauna, with an additional area approved for home business use. At the rear, a private 1-bedroom retreat with its own entrance, kitchen, lounge, and bathroom perfect for multi-generational living or rental versatility. A resort-style cabana and in-ground pool complete this unique lifestyle investment.
Conveniently located, it's minutes from cafes, shops, parks, and transport. Just a 4-minute drive to Padstow Train Station and 7 minutes to Riverwood Station, commuting is a breeze. Positioned within top school catchment zones for Padstow Heights Public, St Therese Catholic Primary, and Menai High, this location appeals to families and tenants alike. With proximity to the Georges River and local amenities, this property is highly attractive.
- Approx. $95,000 p/a rental return ? Ideal for investors
- Expansive 796.7sqm block with 18m frontage and 27m rear
- Three self-contained residences plus home business use option
- Upper-level 5-bedroom with valley views and high ceilings
- Gourmet kitchen with island bench, gas cooking, and stainless steel appliances
- Lower-level 2-bedroom residence with premium appliances, laundry, sauna, and business-approved space
- Private 1-bedroom retreat with separate entrance and lounge
- Resort-style cabana and in-ground pool with valley views
- 4 min drive to Padstow Station, 7 min drive to Riverwood Station