28 & 28a Moolana Parade, South Penrith NSW 2750

$1,050,000 to $1,150,000

5 beds

2 baths

2 parking

House and Granny Flat Investment Opportunity

Helen Fitzpatrick and her team at Ray White Nepean Group are pleased to present this excellent investment property, currently leased to long-term tenants who are eager to extend their leases. With a combined rental return of $880 per week, there is potential to increase this income with some minor cosmetic updates. Set on a 650m2 block with an 18.29 meter frontage, this property offers both immediate return and future growth.

Prime Location
Conveniently located close to local schools, Southlands Shopping Centre, parks and just a short drive to Kmart, Coles, Penrith Station and Westfield.

Key Features:

House:
• 3 Bedrooms, with a mirrored robe in the master
• Neat and tidy kitchen
• Combined lounge/dining area
• Well-maintained bathroom
• Separate driveway leading to a single carport
• Garden shed
• Undercover entertaining area
• Current rent: $460 per week
• Long-term tenant keen to stay on

Granny Flat:
• 2 Bedrooms, with mirrored robes in both
• Modern kitchen and bathroom
• Stylish, low-maintenance flooring
• Split-system air conditioning
• Water tank
• Spacious garage with a separate driveway
• Current rent: $420 per week
• Long-term tenant also interested in staying

Location Highlights:
• Southlands Shopping Centre: 1.1 km
• Kmart and Coles: 3.3 km
• Jamison High School: 900 m
• York Public School: 650 m
• Penrith Station: 4.9 km
• Westfield Penrith: 4.9 km

For more information or to arrange an inspection, please contact Helen Fitzpatrick and her team at Ray White Nepean Group on
0414 362 955.

Property Details

• Type: House
• Bedrooms: 5
• Bathrooms: 2
• Toilets: 2
• Garage Spaces: 1
• Carport Spaces: 1
• Building Area: 650 m² (approx)