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Overview
This property presents an excellent opportunity to acquire a very neat home positioned in Regents Park, close to the local CBD area. The residence occupies a good-sized block measuring approximately 13.41 meters by 40.23 meters, equating to 539.50 square meters of land area. Situated only 500 meters from Regents Park CBD, it offers convenient access to shopping and transport.
The dwelling is well maintained and features a formal lounge area, three generously sized bedrooms each with built-in wardrobes, polished timber flooring throughout, a neat bathroom, and an additional toilet located in the laundry room. The kitchen is modern, featuring gas cooking, and includes a dining area that opens onto a decent-sized sundeck. The sundeck overlooks a large private garden, enhancing the outdoor living experience and privacy the home affords.
Currently, the property is rented at $460 per week to a family with the intention for a long-term stay, providing immediate rental income. Additionally, there is a council-approved single bedroom, self-contained teenage retreat or potential granny flat. This space has its own separate entrance and offers potential for extra income to supplement mortgage repayments.
Located within walking distance to shops, the local train station, and Regents Park Public School, the position is ideal for family living. The home is also within reach of prestigious private schools including St Peter Chanel and Christian Community schools, making it suitable for school-aged children.
Overall, this residence offers significant value for owner-occupiers looking to live in a desirable location or investors seeking a property with multiple income streams and strong tenant appeal. Given the location, condition, and features, it represents a superb opportunity in the current market.
Local Market Insights
In Regents Park, Quiet Listings observed 3 new houses entering the market over the last 30 days, up from 2 during the previous 30-day period, with an average advertised asking price of $1,700,000. The property type mix of listed properties is predominantly Houses at 57%, followed by units (14%), and duplexes (14%). The most active agency for houses in the Regents Park area is currently Phillip Daidone Realty, representing 67% of new listings, followed by Laing + Simmons with 33%. 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.
Change History
| Headline | When |
|---|---|
| $869,000 Inspect Sat: 12.30 - 1pm | |
| $869,000 |