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47 Weaver Street
Erskine Park, NSW 2759
$1,499,000
Overview
High-Yield Dual-Income Powerhouse on 801sqm
Discover a unique investment opportunity with this high-yield dual-income property located on a generous 801sqm level block in Erskine Park. This property has been held since 2013 and is designed to maximize rental income, making it ideal for savvy investors or developers looking for significant landholding potential.
The property features two self-contained, air-conditioned living spaces, providing immediate dual income potential. Currently, it generates a combined rental return of $990 per week, with one side renting for $500 per week and the other for $490 per week. This setup allows for flexibility; you can choose to live in one side while renting out the other.
Both residences are equipped with air conditioning, ensuring comfort throughout the year and high tenant retention rates. Side A boasts three spacious bedrooms, one bathroom, and an open-plan kitchen/living area, previously rented at $450 per week and set to be re-listed at $500 per week. Side B includes two bedrooms, one bathroom, a kitchen/living area, and an additional separate lounge room, currently occupied by a long-term tenant at $490 per week.
Located in a prime area of Erskine Park, this property offers unmatched convenience. It is within walking distance to Erskine Park High School and James Erskine Public School, making it an attractive option for families. Additionally, it is just minutes away from Erskine Park Shopping Village, providing easy access to shopping and dining options.
Connectivity is another highlight, with seamless access to the M4 and M7 motorways, as well as the rapidly growing Western Sydney Aerotropolis precinct. This area is home to many large organizations and multinationals in freight and logistics, presenting numerous employment opportunities.
This property is not just a home; it is a
Location
Erskine Park NSW 2759
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