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Lot 321 Runners Close, Farley NSW 2320

$1,288,000

Listed: 37 days ago
Updated: 5 hours ago
Overview

This duplex house and land package located at Lot 321 Runners Close in Farley is a substantial investment offering designed for both owner-occupiers and savvy investors seeking quality and potential rental income. Comprising two connected homes configured as a strata-titled subdivision, the package delivers six bedrooms and four bathrooms across the two units combined, creating multiple possibilities for income generation or accommodating larger families.

The properties boast luxury inclusions that enhance both comfort and functionality, such as gourmet kitchens outfitted with stone benchtops and stainless steel appliances, open plan living and dining areas for modern easy living, and ducted air-conditioning systems independently controlling the climate in both units. Quality timber-look laminated flooring runs throughout both the common areas and bedrooms, adding warmth and style.

Investors will find the inclusion of council contributions and subdivision charges in the package price a valuable time-saver, removing administrative burdens. Expected rental returns are estimated between $1,200 and $1,300 weekly for both units combined, indicating strong cash flow potential. Moreover, the anticipated sale prices after completion—ranging from $750,000 to $780,000 per unit—point towards considerable capital growth opportunities.

Additional appealing features include options to upgrade roofing materials, security enhancements such as alarm systems and remote garages, plus outdoor amenities like decks and fully fenced yards suitable for families or entertaining. The turnkey finish with fixed site costs and engineer-certified concrete slab facilitate a seamless building process with little extra investment required post-purchase.

Overall, this duplex package is well suited for families seeking spacious accommodation with modern conveniences and investors looking for dual income streams with high-quality constructions in a promising location. The flexible strata title arrangement also affords maximum resale and investment adaptability.

  • Strata titled subdivision delivering two separate homes
  • Six bedrooms including studies, and four bathrooms total
  • Two lock-up garages with internal access
  • High-end finishes including stone benchtops and stainless steel appliances
  • Individual ducted air-conditioning systems
  • Turnkey completed package with landscaping and concrete driveway
  • Strong rental yield potential and projected capital growth after completion
Local Market Insights

In Farley, Quiet Listings observed 4 new duplexes entering the market over the last 30 days, down from 5 during the previous 30-day period, with an average advertised asking price of $671,250. The property type mix of listed properties is predominantly Houses at 78%, followed by duplexes (10%), and land (8%). The most active agency for duplexes in the Farley area is currently Linder Group, representing 50% of new listings, followed by Harcourts with 25%. 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
Market Insights for Farley NSW 2320
New Listings (last 30 days)
4
Average price
$671,250
Lowest price
$600,000
Highest price
$725,000
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