If proximity to public transport, large block size and potential for dual occupancy are on the top of your consideration list, you’ll love this opportunity on offer.
Enjoy solid rental returns while you build the second dwelling or knock down and rebuild a larger home or two homes to maximise the land’s potential (subject to council approval).
Property features:
+ Spacious bedrooms with mirrored built-in wardrobes
+ Modern kitchen with polyurethane cabinetry, stainless steel appliances and pantry cupboard.
+ Separate lounge and dining area plus family/bedroom featuring low maintenance timber flooring
+ Reverse cycle air conditioning, high ceilings, double carport, garden shed, colourbond fencing.
Location advantages:
+ Distance to Blacktown Station: 1Km or 13 min walk
+ Distance to nearest bus stop: On Richmond Road 200m or 2 min walk
+ Distance to Westpoint Blacktown: 1.1Km or 3 min drive
+ Distance to closest Primary School: Maryong Public School – 1Km or 2 min drive/13 min walk
+ Distance to closest High School: Blacktown Girls High School – 1.9Km or Blacktown Boys High School 4Km
As an owner occupier:
– Enjoy close proximity to desirable family amenities such as shopping centres, schools, parks and medical facilities.
– Knock down to rebuild your dream home (subject to council approval).
– Reduce your mortgage by building a second dwelling and leasing it out.
As an investor:
– Immediate rental returns as the property is currently occupied and leased.
– Close proximity to public transport has made it quick and easy to lease out in the past.
– If building a new dwelling, immediate write off on depreciation available providing tax benefits*.
– Strong potential for capital growth based on anticipated population growth and supply/demand in the area.
Large parcel of land in a prominent location such as this is rare to come by so grab this opportunity while it’s still available.
Call us today to find out more or come along to the next open for inspection.
Paras & Baz Real Estate and related entities believe that the information contained herein is gathered from sources that are deemed to be reliable. However, no representation or warranties are given, intended or implied. Any interested parties should rely on their own inquiries.
*Advice provided above is general in nature and does not take into account a person’s individual circumstances. For a detailed evaluation of this investment opportunity based on your particular scenario, contact your accountant/tax consultant.