Priced to sell and maybe suitable for SMSF this home provides some profitable possibilities for:

STAY
Stay in the main house and have your tenant in the granny flat pay $20,000 towards your mortgage

INVEST
Positively geared the property allows you to earn money whilst you decide to put a development proposal to the council.
Subdivision potential on a 929sqm block of land with the council willing to consider subdivision with existing properties(more details available on pre-DA meeting with the council by the current owners, DA documents and checklist will be handed over in its entirety).

LAND BANK
Buy the house and wait for your neighbour to sell in the future.

Vendor has had preliminary discussions with the council and would be happy to share the possibilities with prospective buyers.

RENTAL CALCULATIONS

**RENTAL RETURNS CALCULATIONS:
Main House: Owners willing to rent back at $600 per week.
Granny Flat: Currently at $400/week.
TOTAL: Currently at $1000/week or $52,000 per annum

With units and duplexes close by there are various possibilities (STCA) to be explored. It is the last leg of streets in the area still zoned as R2.

Well-maintained spacious 4 bedroom main house and well cared for 2 bedroom Granny Flat that has never been vacant for the last 3 years.

Close to 2 shopping centres and 2 shopping malls, this property is positioned approximately 2.5 km away from Wentworthville and Merrylands station and has connectivity through the T80.

* 15.3 metres frontage (approx) and 61.1 sqm depth, rectangular block. More information available on the fact sheet.
* Flat and relatively easy block to work with
* Spacious bedrooms with built-in, shutters and fenced gate to block out the noise and open to sky to light up the house.
* Large gourmet kitchen opening to a comfortable family area
* Flat porch, opening to a child friendly backyard
* Zoned for Ringrose Public School (Primary) and Holroyd Public (High School).

Proudly Marketed by Anil Mehta
CENTURY 21 Joseph Tan Real Estate

Disclaimer: While the above information has been collated with all due care, it is not warranted that the information is free from errors or omission, or that it is exhaustive. Therefore we do not guarantee the accuracy of this information. Please exercise your discretion when you rely on the information because we will not be held liable for the consequences of any persons of interest relying on this information. No warranty can be given either by the vendors or their agents.