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Michael Giles
&
Paul Pettenon

Collins and Giles Real Estate

100 Port Hacking Road
Sylvania NSW 2224

 

Forthcoming auction

   
1 of 11 photos

Massive 1006 SQM land high rental income

Showing a massive gross rental return of nearly $70,000 per annum, this blue chip property offers an astute buyer an outstanding opportunity to secure a prime piece of the lucrative Sydney investment market. Sitting prominently on an impressive block of over 1000 sqm, the substantial five bedroom family sized home at the front of the site is perfectly complemented by a fully self-contained granny flat with excellent access at the rear. Set over two sun soaked levels, the main residence offers generous modern living areas including polished timber floor boards, built in wardrobes, three bathrooms, spacious separate dining room or home office, kitchen with combined dining room, high ceilings through-out, double lock-up garage and a large rear second floor balcony overlooking green leafy surrounds in a private setting. The two bedroom granny flat has been recently modernised with a timber kitchen, open plan living areas along with its own separate yard space. Just a short walk to the local schools, public transport, Sylvania Waters and open parkland activities, Southgate shopping centre is also close hand. The large & useable site offers with a wide frontage of over 20 metres offers excellent development potential STCA. Rent out both homes, live in one with income from the other or ideal for extended families, whatever your needs you can’t go wrong!

Collins and Giles Real Estate

Michael Giles
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Paul Pettenon
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7 5 4
Property Type: House

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Past Sales & Property Information

NOTE
Always verify block details with the agent or vendor. These maps are generated by cross referencing with our spatial information database, but this does not mean they will always correspond with the listed property. Measurements are estimates only.

Based on data provided under licence from PSMA Australia Limited (www.psma.com.au). © PSMA Australia 2016.

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Vital Statistics

Lot: 3
Plan Type: DP
Plan: 529714
Stamp Duty: $59,410

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This listing was first displayed on 30/11/16, last updated on 23/1/17, and has been viewed 5 times. Please note the counter is not updated immediately.
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