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Overview
This remarkable property is situated on an elevated 1,012sqm block in the highly sought-after area of Old Mount Druitt. It presents a unique opportunity to acquire two dwellings on a single expansive block, making it ideal for investors, extended families, or those seeking long-term growth potential.
The property boasts strong rental returns of approximately $1,095 per week, highlighting its investment appeal. The main residence is a well-maintained three-bedroom clad home featuring open living and dining areas, a well-equipped kitchen with gas appliances, and a light-filled sunroom that seamlessly connects to the landscaped backyard.
The self-contained two-bedroom granny flat currently generates around $470 per week in rental income. Both dwellings have separate entrances, with the granny flat benefiting from its own lock-up garage. The expansive block offers a wide 20m frontage and presents opportunities for enhancement or further development (subject to council approval).
Conveniently located within approximately 1.6km of Mount Druitt Station, Westfield shopping center, and various entertainment options, this property is perfectly positioned for both lifestyle and investment.
In summary, this dual income property not only offers immediate rental returns but also significant future potential, making it a valuable addition to any property portfolio.
Local Market Insights
In Mount Druitt, Quiet Listings observed 53 new houses entering the market over the last 30 days, up from 39 during the previous 30-day period, with an average advertised asking price of $936,415. The property type mix of listed properties is predominantly Houses at 72%, followed by units (9%), and townhouses (8%). The most active agency for houses in the Mount Druitt area is currently Richardson & Wrench, representing 23% of new listings, followed by Ray White with 19%. 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.
Change History
| Headline | When |
|---|---|
| PRICE GUIDE $1,250,000 | |
| PRICE GUIDE $1,350,000 | |
| Price Guide $1,395,000 | |
| Price Guide $1,450,000 | |
| HOUSE AND GRANNY FLAT! | |
| CONTACT AGENT | |
| PRICE GUIDE $1,550,000 | |
| Price Guide $1,580,000 | |
| Auction Saturday 28th Mar At 12:30 Pm |
Location
Mount Druitt NSW 2770
Market Insights for Mount Druitt NSW 2770
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