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Overview
Set in an elevated position within a quiet street, this unique property offers dual living with a rare investment advantage through DA approval for a third dwelling, situated on a substantial 830.7sqm block. The location benefits from serene views over Invergowrie Reserve, enhancing both the appeal and privacy of the residence.
The expansive main house, spanning seven bedrooms and four bathrooms, is designed for versatility and comfort. A private master suite occupies its own level, featuring an ensuite, walk-in robe, and a secluded balcony that provides a peaceful retreat. Multiple living areas within the home accommodate different lifestyle needs, supporting both family gatherings and personal downtime.
An integral, fully self-contained granny flat complements the residence with two bedrooms, an oversized kitchen, lounge, dining area, separate laundry, and bathroom. This setup is ideal for extended families, guests seeking independence, or potential rental income, supporting a flexible living arrangement.
- DA approval for a third dwelling paves the way for future subdivision or development, offering substantial long-term investment potential.
- Multiple outdoor entertaining spaces, including spacious balconies and a lower deck with pergola, extend living areas and capitalize on the elevated surroundings.
- Parking is ample with a double garage and additional carport, meeting the needs of a larger household or multiple vehicles.
- The property's proximity to educational institutions and key transport links, including Macarthur Station and Campbelltown Hospital, ensures convenience for families and professionals.
- Current rental returns from the main house and granny flat total approximately $1,150 per week, underscoring the property's income-generating viability.
This residence is a compelling option for growing families looking for space and privacy, investors seeking development opportunities with existing rental income, or multigenerational households requiring flexible and independent living quarters within a desirable suburb.
Local Market Insights
In Glen Alpine, Quiet Listings observed 71 new houses entering the market over the last 30 days, up from 67 during the previous 30-day period, with an average advertised asking price of $1,054,498. The property type mix of listed properties is predominantly Houses at 60%, followed by apartments (16%), and villas (11%). The most active agency for houses in the Glen Alpine area is currently Ray White, representing 38% of new listings, followed by Raine & Horne with 13%. 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
Glen Alpine NSW 2560
Market Insights for Glen Alpine NSW 2560
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