House for sale

25 & 27 Anderson Avenue,

Panania, NSW

6 3 3
$2,350,000 - $2,600,000

Development & Investment Opportunity on 1,770.5sqm

Sold in one line, take advantage of this prime development/investment opportunity set on a total of approximately 1,770.5sqm. Conveniently located only an approximate 300m walk to Panania station, builders will enjoy the potential for villas/townhouses or childcare (all subject to council approval). The two homes are currently tenanted with fantastic tenants and returning a combined rental of an estimated $49,400 per annum. Only minutes' walk to all Panania schools, shops, cafes, restaurants, parks and transport.

House #25
- 3 spacious bedrooms & 1 bedroom with a built in robe
- Separate lounge & dining with high ceilings, a study & sunroom perfect for a play room
- Updated kitchen + original bathroom with separate bath & shower + separate toilet
- Fantastic tenants with an estimated rental return of $23,400 per annum
- Set on approximately 847.3sqm of land with a 13.71m frontage
- Lock up garage with side access to ample driveway parking & huge backyard

House #27
- 3 spacious bedrooms, massive master with potential to make a 4th bedroom or study
- Open lounge & dining with high ceilings, ornate cornices & well maintained interiors
- Well maintained kitchen with granite benchtops, gas cooking & breakfast bar
- Fantastic tenants with an estimated rental return of $26,000 per annum
- Set on approximately 923.2sqm of land with a 13.71m frontage
- Drive through lock up garage with side access to secure carport & huge backyard

General:
- 2 properties sold in one line with loads of potential for a developer or astute investor
- Total of approximately 1,770.5sqm of land & combined frontages of 27.42m
- Fantastic tenants with a combined estimated rental of $49,400 per annum
- Potential for villas/townhouses or childcare - subject to council approval
- Approximate 300m walk to Panania train station & all local amenities
Last updated: 03:54AM on Sep 17th 2017
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LJ Hooker Padstow

2 Padstow Parade
Padstow NSW, 2211
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