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1 Grenada Street, Fairfield West NSW 2165

CONTACT AGENT

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$1.5M - $1.6M Medium Confidence Calculated based on our search observations.

House 6 Beds 3 Baths 2 Cars 556 m²

Listed: 58 days ago

Updated: 21 days ago

Overview

This unique offering at 1 Grenada Street in Fairfield West presents a compelling triple income opportunity ideal for investors or extended families seeking functional multi-generational living. Spanning approximately 556sqm with favourable dimensions, the property hosts a substantial front house alongside two separate, self-contained dwellings, each generating rental income that collectively affirms the strong cashflow potential.

The primary residence boasts three bedrooms, each equipped with built-in wardrobes, complemented by a generous lounge area and separate kitchen and dining spaces. The well-appointed kitchen and bathroom, featuring two toilets, alongside gas cooking and air conditioning, ensure a comfortable and convenient lifestyle for long-term tenants.

Adding to its appeal, the property includes a granny flat with two bedrooms and a study, complete with tiled flooring and split-system air conditioning, which’s currently leased at a competitive rate. A self-contained one-bedroom sleep-out further enhances the accommodation options, making the property well-suited to meet diverse family or tenant needs.

Located in a highly sought-after pocket of Fairfield West, proximity to renowned Westfields Sports High School and local amenities such as public schools, shopping centres, parks, and healthcare facilities accentuates the property's attractiveness. These factors significantly enhance convenience and lifestyle for residents while underpinning strong demand.

Approximately 556sqm land with a 15.24m frontage and 36.5m depth.
Three distinct income streams totaling $1,490 per week, with well-established tenants.
Versatile accommodation with a mix of bedrooms across the main house, granny flat, and sleep-out.
Quality features including built-in wardrobes, air conditioning, gas cooking, and practical layouts.
Exceptional location near schools, shopping, transport, and recreational amenities.

This property offers a rare blend of income security, lifestyle convenience, and flexible living arrangements that is likely to attract astute investors and families requiring multiple, independent living spaces within a single title.

Local Market Insights

In Fairfield West, Quiet Listings observed 17 new houses entering the market over the last 30 days, up from 13 during the previous 30-day period, with an average advertised asking price of $1,346,471. The property type mix of listed properties is predominantly Houses at 71%, followed by apartments (14%), and duplexes (7%). The most active agency for houses in the Fairfield West area is currently Ray White, representing 29% of new listings, followed by LJ Hooker with 18%. 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.