104 Jersey Road, South Wentworthville NSW 2145

Investors Delight with Subdivision potential (STCA)

Inspection Times:
Sat 21/10/2017 12:00 PM to 12:40 PM
*** Parking for Open Home on: Jersey Road via Merrylands Road ***

Subdivision potential in a hot spot.

Centrally located to all business districts:
10 mins to Parramatta and Blacktown
25 mins to Norwest and Liverpool
50 mins to CBD by public transport

RENTAL RETURNS CALCULATIONS:
Main House: Currently at $500/week. Owners willing to rent back at this rate. Market average rental for the suburb is $600/week.
Granny Flat: Currently at $400/week.
TOTAL: Currently at $900/week or $46,800 per annum

Gross Rental Return @ $1,200,000 | 3.9%
Gross Rental Return across Sydney: 3.2%

And that's just what you get from the property as it is.

This is a golden opportunity for developers and investors. One of the last remaining massive blocks of land in the area.

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).

Be positively to neutrally geared while getting the best subdivision plan. 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).

Call Anil Mehta today as this will not last.

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.