Cabramatta - Canley Heights - Hoxton Park - Green Valley
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40 Longfield Street, Cabramatta, NSW 2166
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Sold
Sold Prior To Auction for $1,650,000 on Nov 08, 2024
Great Investment & Land Potential!
A fantastic opportunity to acquire a rare piece of real estate within a highly desirable locale, this fantastic property provides convenience, flexibility, and a great investment choice with possible future development potential! Well positioned on a generously sized rectangular block of approximately 1,220sqm with a north facing aspect, this fantastic property boasts a dual occupancy layout offering a house and granny flat setup perfect for owner occupiers, savvy investors or even those seeking a downsize with a secondary income potential. A great investment choice for buyers that want to secure a large block in a sought-after location with future development intentions, it would provide a great source of rental income with further valuing adding scope!
An ultra convenient position it features a prized location that is only minutes away from all essential amenities including but not limited to Cabramatta CBD, Cabramatta East Primary School, Lansvale Primary School as well as Cabravale Leisure centre, Cabramatta Bowling Club and various recreational parks and reserves all withing close proximity. Offering multiple living arrangements, it provides endless opportunities to occupy, invest or even both! Motivated vendors have clear instructions to sell so do not miss this once in a lifetime opportunity and make an offer today!
Main Residence:
• Single level fibro residence.
• Two (2) well-proportioned bedrooms with built in wardrobes.
• Updated dine-in kitchen and updated bathroom.
• Spacious living area.
• External laundry with additional storage room.
• Currently leased to long term tenants for $330.00 per week
Second Residence (Granny Flat):
• Two (2) well-sized bedrooms with built-in wardrobes.
• Designer kitchen with stone bench and appliances
• Spacious modern bathroom
• Spacious interiors offering combined lounge and dining.
• Single lock up garage
• Internal laundry with additional bathroom
• Large alfresco with additional storage room.
• Currently leased to great tenants for $500.00 per week
Site Area:
• Land size: 1,220sqm ( approximate )
• Frontage: 15.24m ( approximate )
• Dimensions: 15.24m x 80.47m ( approximate )
• Zone R2 Low Density Residential
Peter Ly
Director/Licensee in Charge
Got a property to sell? Contact us for a free Request Appraisal
Property Info:
- Property ID: L31062980
- Property Type:House
- Open Parking:2
- Land Area:1220 sqm
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Craig Betalli
Mortgage Broker
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R&H Suburb Profile: Cabramatta
R&H Suburb Summary | Houses |
---|---|
Number of sales | 95 |
Average Price | $1,291,651 |
Median Price | $1,195,000 |
Median Rental Price | $580 p.w. |
Change in Rental Rate (5yr) | 41 % |
R&H Suburb Summary | Units |
---|---|
Number of sales | 200 |
Average Price | $467,748 |
Median Price | $425,000 |
Median Rental Price | $400 p.w. |
Change in Rental Rate (5yr) | 22 % |
Median Trend - $1,195,000
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