500m to Hospital | Duplex site STCA | R3 zoned
Rosedale Avenue has long been held by its residents as a hidden gem in the Penrith CBD due to its location, multiple usage zoning and its suburban street appeal.
The perfectly hidden away but central street is only 500m to Nepean Hospital and less than 2km walk to Penrith Westfield and Penrith train station. It’s also even closer to the Kingswood Train Station and the western Sydney University. The M4 motorway is also a short drive away so the whole of the Sydney basin is within an hour from your front door.
The blocks R3 zoning allows for multiple usages which often attracts medical professionals especially ones looking for a residence with extra parking potential as this one. It also attracts investors and developers looking to take advantages of the potential a block like this has to offer.
And due to the new medium density housing code changes, this site is now eligible for a duplex/dual occupancy and in this great location the re-sale for the duplex could be upwards of $1.6million.
This spacious home sits on over 556sqm of land with 15.29 metres of street frontage. It offers plenty of side access down to a detached tandem double garage complete with electric roller door.
The owners have been busy making sure every room of this home is perfectly neat and tidy with fresh paint and new floor coverings throughout. Plus minor updates to the original kitchen including a new cooker. Updated bathroom with separate bath and an oversized laundry. The living areas are very generous with air conditioning and all 3 rooms are large with built ins. Externally there is no maintenance required with an easy to look after established garden and lawn. With everything so immaculate an investor should expect approx. $430 to $450 per week rent.
Some might be thinking this is perfect place for a family to live or great location for a medical practice, others a duplex development or some might be thinking larger scale should they come together with neighbours down the track, but one thing is for sure, this home is very comfortable and ready to move in to. Do not miss the open house, it might be the last.
If you need time to sell another property or would like to know more information about this property feel free to contact the agent Andrea Browne on 0425 303 324 to find out how
All information contained herein is gathered from sources we believe to be reliable. We cannot however guarantee its accuracy and interested parties should make and rely on their own enquiries.