38 Grace Crescent
Merrylands, NSW 2160

Positioned within a quiet one way street in one of Merrylands' most convenient residential pockets, this substantial property at 38 Grace Crescent presents a rare large-scale income opportunity where flexibility, scale and strong rental performance converge. Occupying an expansive approximately 626 sqm parcel with a wide frontage of about 14.94 meters, the home is thoughtfully designed to offer multiple independent living zones, appealing strongly to investors as well as owner-occupiers who seek exceptional income potential combined with on-site living.

The property features several self-contained residences across the site, which provides remarkable versatility. The main residence offers generous family accommodation, while a detached granny flat adds further private living environments. Together, these spaces create a compelling multi-income asset capable of yielding strong combined rental returns while maintaining privacy between occupants, well suited for diversified rental incomes.

Beyond the home itself, the location further enhances its long-term appeal. Everyday convenience is assured with major shopping centers, transport connections, and community facilities all within easy walking distance. Stockland Merrylands Shopping Centre, Merrylands Train Station, and civic amenities are just moments away. Nearby parks and recreational spaces add to a balanced suburban lifestyle, making this an attractive offering for both tenants and residents.

For investors, the property offers a uniquely attractive high-yield configuration rarely found in such a central residential location. For owner-occupiers, it presents a strategic opportunity to offset living expenses with multiple rental streams while retaining a spacious primary residence on site.

Main features include:

• Approximately 626 sqm land parcel with a wide frontage of approximately 14.94 meters
• Total of 6 well-designed bedrooms
• Two self-contained workshops providing additional functional space
• Detached granny flat featuring 2 bedrooms, enhancing independent living options
• Multiple independent dwellings ideal for strong rental diversification to maximize income potential
• Estimated combined rental potential of up to around $1,500 per week, subject to confirmation
• Located on a quiet one-way residential street offering privacy and less traffic

Amenities near the property include approximately 1.2 km to Stockland Merrylands Shopping Centre and Merrylands Train Station, about 1 km to Merrylands Civic Square, and 300 meters to Merrylands Youth RSL. It is also within 2.9 km of Central Gardens Nature Reserve, around 900 meters walk to Merrylands East Public School, and about 2.3 km to Merrylands High School. The area is well serviced by local bus routes connecting to Parramatta and adjacent suburbs, making commuting convenient.

This rare multi-residence estate of considerable scale is a powerful investment opportunity in one of Western Sydney's consistently high-demand rental corridors. It offers immediate income potential combined with strategic long-term value, making it both a sound investment and a versatile residence.