THREE DWELLINGS | 730SQM | $1,390 PER WEEK

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UNDER CONTRACT

121 Carpenter Street, Colyton NSW 2760

House 6 Beds 3 Baths 2 Cars 730 m²

Listed: 9 days ago

Updated: 3 days ago

Overview

This exceptional property presents a unique investment opportunity through its versatile configuration of three separate dwellings situated on approximately 730 square meters of land. Ideal for investors or large and extended families, it offers distinct living spaces with the potential for multiple income streams.

The main residence provides a comfortable and spacious home featuring three bedrooms equipped with built-in wardrobes, complemented by a generous living and dining area alongside a practical kitchen and family bathroom, ensuring convenience and functionality.

Separate from the main home, a modern two-bedroom granny flat offers contemporary design with its own built-in wardrobes, stylish kitchen, open-plan living and dining areas, bathroom combined with laundry facilities, and a covered patio area. This unit is accompanied by an impressive double garage enhancing the property's parking and storage capabilities.

Additionally, a self-contained one-bedroom studio complements the accommodation with its private kitchen, bathroom, living and dining area, and a covered porch, providing flexible living arrangements suited for guests or rental purposes.

Extensive concrete driveways and pathways throughout the property afford excellent vehicle access and additional parking options, contributing to a low-maintenance environment. Positioned conveniently with a bus stop directly at the front, the property ensures easy connectivity to St Marys, local schools, shopping centers, and major transport links. It is also strategically located to benefit from the upcoming Western Sydney International Airport and the planned Sydney Metro connection through St Marys.

Approx. 730sqm block size
Three independent dwellings providing separate living quarters
Total accommodation of six bedrooms across the dwellings
Main residence with three bedrooms and built-in storage
Modern granny flat featuring two bedrooms and a double garage
Self-contained one-bedroom studio with private amenities
Multiple kitchens and living areas offering lifestyle flexibility
Covered outdoor spaces for enjoyable gatherings
Ample parking and accessible driveways with concrete paths
Current combined rental income of $1,390 per week, offering significant gross annual returns
Potential rental growth dependent on market conditions
Convenient transport options with nearby bus access
Close proximity to schools, shops, and forthcoming infrastructure developments

This property represents a rare blend of income generation, versatility, and substantial accommodation in a single package and stands as an attractive option for those seeking a secure and expandable investment or a multi-family residence in a thriving Western Sydney locale.

Local Market Insights

In Colyton, Quiet Listings observed 30 new houses entering the market over the last 30 days, up from 23 during the previous 30-day period, with an average advertised asking price of $1,213,167. The property type mix of listed properties is predominantly Houses at 41%, followed by townhouses (23%), and units (14%). The most active agency for houses in the Colyton area is currently Ray White, representing 60% of new listings, followed by Richardson & Wrench 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.