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Overview
This property presents a unique dual-income investment opportunity featuring a well-maintained two-bedroom main residence alongside a separate two-bedroom granny flat. Together, they offer an immediate combined rental return of $900 per week, making it an attractive option for investors seeking steady income and long-term growth potential.
The main residence is a neat and tidy cladded home with two bedrooms, each equipped with mirrored built-in wardrobes. The master bedroom benefits from split-system air-conditioning, ensuring comfort throughout the seasons. The home includes a separate lounge room also fitted with split-system air-conditioning, providing a comfortable living space. Adjacent to the kitchen is a dining area with slate flooring, creating a practical and inviting space for meals.
The kitchen is well-appointed with an electric cooktop and stainless steel appliances, catering to everyday cooking needs. Polished timber flooring extends throughout the lounge and bedrooms, adding warmth and character to the interiors. The bathroom is well-presented and features both a separate bath and shower, offering convenience and flexibility. Additional amenities include an internal laundry with a separate toilet, enhancing functionality for residents.
Outdoor living is catered for with a covered entertaining area, perfect for gatherings and relaxation. Parking is ample with a single lock-up garage complemented by a carport. The main residence is currently leased at $500 per week on an expired lease, with the tenant expressing interest in remaining, providing immediate rental income.
The granny flat is a self-contained two-bedroom unit, each bedroom featuring mirrored built-in wardrobes. The main bedroom is also equipped with split-system air-conditioning for added comfort. The combined bathroom and laundry include a shower and toilet, maximizing space efficiency. Off-street parking is available for the granny flat occupants. This unit is leased at $400 per week until 23rd November 2026, ensuring a secure rental income stream.
Additional highlights of this property include its generous 556 square meter block, situated close to local shops, schools, public transport, and everyday amenities. This location offers convenience and accessibility for tenants and owners alike. The established tenants and strong rental return make this an excellent investment opportunity with promising future growth potential.
Overall, this house and granny flat combination provides an outstanding opportunity for investors seeking immediate income and long-term capital growth. The dual-income setup, combined with the property's features and location, makes it a compelling choice in the current market.
Local Market Insights
In Cambridge Park, Quiet Listings observed 44 new houses entering the market over the last 30 days, down from 59 during the previous 30-day period, with an average advertised asking price of $1,175,338. The property type mix of listed properties is predominantly Houses at 60%, followed by units (12%), and townhouses (9%). Ray White was the most active agency in this area, representing 95.9% of all new listings in the last 30 days. These insights are based on agencies currently monitored by Quiet Listings and are updated as the local market changes.
While every effort is made to ensure the accuracy and completeness of the property information provided, no guarantee is given. Buyers should independently verify all details, inclusions, availability, pricing, and other relevant information directly with the listing agent before relying on this information.
Location
Cambridge Park NSW 2747
Market Insights for Cambridge Park NSW 2747
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