This run down, original home hides a very profitable secret. Situated on a massive corner lot the astute developer will recognise the opportunity to build a freestanding duplex as the neighbours, are about to do. After all why have one house when you can have 2?
The home is currently leased so you could earn a healthy return while you seek your approvals. This could well be the cheapest house for sale in Penrith this weekend. The original 3 bedroom Neeta home could easily be renovated for those who don’t mind a bit of hard work and recognise value for money.
Once in a while a true bargain hits the market- the question is are you astute enough to be the buyer?