Auction on site 27 September 2014 at 12.00pm
Open for Inspections on Saturdays 12.00pm to 12.30pm:
6th , 13th, 20th & 27th of September 2014
- Dimensions 15.335m x 73.6m x 15.295m x 73.23m
- 750 metres to Nepean Hospital
- 1.1 km to University of Western Sydney
- 1.1 km to Kingswood train station
- 3 Bedroom clad and tile roof home
- First time offered to market
Current Zoning Residential 2(c), low-medium density under Penrith LEP 1998
Proposed Zoning R3, Residential medium density under Penrith LEP 2010 draft 2
Ideally located near the Nepean Hospital, Kingswood train station and the University of Western Sydney this property is right in the epicentre of prime growth territory that is Kingswood – an increasingly sought after location. The structurally sound three bedroom clad/tile cottage can provide cash flow for the longer term investor wishing to capitalise on the increasing momentum of the market and capital growth of this area.
Developers and investors should note the enormous demand for townhouses and villas in this precinct and the prices that they are now commanding. Immediate development (subject to council approval) is likely to pay terrific dividends.
The continued growth of Nepean Hospital as a teaching hospital (University of Sydney Clinical School teaching in a wide variety specialties at Nepean) as well as the growth of the University of Western Sydney should be considered as a significant driver of the Kingwood precinct; along with its location next to the Penrith CBD and between the railway and M4 motorway the only way is up for Kingswood. Those in the know are getting in ahead of the curve and before its too late make your enquiry today.
All interested parties must rely on their own enquiries. References to current and future development are subject to council approval (STCA) and the property is being sold in its current condition without D.A. approval for development.