Images and floorplans are provided for illustrative purposes and remain the property of their respective copyright owners.
Overview
First Home Buy or Invest!
This inviting and comfortable home is located at 38 Farnell Street in the popular suburb of Merrylands. It offers a warm and cosy living environment, ideal for small families or couples seeking a residence with ample space and practical amenities.
The property features two bedrooms, each equipped with mirrored built-in wardrobes, providing generous storage solutions. The kitchen is neatly designed and fitted with essential appliances including a stainless steel oven, gas cooktop, and dishwasher, catering well to those who enjoy cooking.
The living and dining areas are spacious, offering plenty of room for relaxation and entertaining guests. A notable highlight is the sunroom, which fills the home with natural light and serves as a pleasant space to unwind.
Outdoor features include a generous backyard with a shed and an additional toilet, perfect for outdoor activities and family enjoyment. The property also includes a carport with side entry and a covered patio area, enhancing the outdoor living experience.
Additional features comprise air conditioning in the living room, gas heating, and three toilets in total, ensuring comfort and convenience for residents and visitors alike.
The land is zoned R2 medium density and spans approximately 373.1 square meters with no easements, offering a solid block for future potential. The property is currently tenanted, generating a rental income of $520 per week, equating to an annual return of $27,040, making it an attractive option for investors.
Council rates are approximately $381.00 per quarter, and water rates are around $291.50 per quarter, providing an indication of ongoing costs associated with the property.
This home represents an excellent opportunity for first home buyers and investors seeking a well-maintained residence in a convenient location with solid rental returns. The auction for this property is scheduled to be held on-site at 1 pm on Saturday 27th May 2023.
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
Merrylands NSW 2160
Market Insights for Merrylands NSW 2160
Other properties in this postcode
* Search brackets are a technical classification derived from unverified metadata set by the listing agent for search filtering. It is not an official price guide, a valuation, or a representation of the seller's reserve. This data is provided for search transparency purposes only.