105 Mileham Street
South Windsor, NSW 2756

Overview

105 Mileham Street, South WindsorPrice on request NSW 2756

This impressive five-bedroom house presents an excellent investment opportunity, offering a strong rental yield. Situated on a substantial 739 square meter block, the property benefits from dual road frontage, providing access from both Mileham Street and Eather Lane. The zoning of the land is R3, which is desirable for residential development and adds to the property's future potential.

Conveniently located close to schools, shopping centers, and various local amenities, this home also offers easy access to public transport, making it an ideal choice for families and investors alike. The expansive backyard provides ample space for outdoor activities and potential extensions or landscaping projects.

The main residence features four generously sized bedrooms, complemented by a separate one-bedroom studio, offering versatile living arrangements or additional rental income possibilities. The home is neat and tidy throughout, showcasing an open plan kitchen, dining, and living area that promotes a comfortable and functional living environment.

Recent renovations include a newly updated bathroom and laundry, enhancing the property's appeal and functionality. Modern touches such as LED downlights throughout and ceiling fans in all rooms contribute to energy efficiency and comfort. Additionally, two split-system air conditioning units ensure climate control year-round.

Practical features include driveable side access leading to a triple carport, accommodating multiple vehicles and providing convenience for residents and guests. The property's dual road frontage further enhances accessibility and potential for future development or subdivision, subject to council approval.

Investment details highlight that the one-bedroom studio is currently leased at $420 per week, while the main residence is leased at $700 per week, reflecting a solid rental return. Council rates are approximately $973 per quarter, which is reasonable for the size and location of the property.

This home offers much more than meets the eye and is a rare find in the current market. It is highly recommended for inspection to fully appreciate the opportunities it presents for both investors and owner-occupiers seeking a property with strong potential and versatility.

Location