117 Kareela Avenue
Penrith, NSW 2750

Overview

117 Kareela Avenue, Penrith

This well-maintained brick veneer home offers a comfortable and spacious living environment, ideal for first home buyers, families, or investors. Situated on a generous 657.6 square meter block, the property presents excellent potential for future development, including the possibility of adding a granny flat subject to council approval.

The residence features three bedrooms, providing ample accommodation options. The separate lounge room is equipped with split system air conditioning, ensuring comfort throughout the year. Adjacent to the lounge is a dining area conveniently located off the kitchen, facilitating easy meal preparation and family gatherings.

The kitchen is well-sized and fitted with electric cooking appliances, catering to everyday culinary needs. The combined bathroom includes a shower over the bath, a toilet, and a vanity, designed for practicality and ease of use. Polished timber floorboards extend throughout the home, adding warmth and character to the interior spaces.

Additional amenities include an external laundry and a covered outdoor entertaining area, perfect for hosting guests or enjoying outdoor meals. The generous yard space enhances the property's appeal, offering room for children to play or for gardening enthusiasts to cultivate their interests.

Located close to transport options, shops, schools, parks, and sporting fields, this property combines convenience with lifestyle benefits. It represents a fantastic opportunity to secure a solid home on a large parcel of land with scope to add further value. Whether moving in, investing, or exploring dual income potential, this home offers versatility and strong rental return prospects.

Potential rental income is estimated at approximately $650 per week, making it an attractive option for investors seeking steady returns. The property's future development possibilities further enhance its appeal, providing options to maximize investment value over time.

Overall, this residence is a sound investment in a sought-after location, offering comfort, space, and excellent potential for growth. It is well-suited to those looking to establish a family home or expand their property portfolio with a promising asset.

Location