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10 Putland Street, St Marys NSW 2760

$395,000

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$395k - $415k Transparent Transparent Listing Based on an openly advertised listing price.

Unit 2 Beds 1 Bath 1 Car

Listed: 32 days ago

Updated: 2 hours ago

Overview

This well-positioned two-bedroom, one-bathroom unit offers a low-maintenance investment opportunity with immediate rental income, courtesy of a tenant locked in until early 2027 at $400 per week. Situated in a quiet section of St Marys, the property provides not only comfort but also practicality, catering to both investors and future owner-occupiers who value convenience and steady tenancy.

Accommodation is designed to optimize space without excess, including a garaged parking spot and additional visitor parking, alleviating common parking challenges often associated with units. The garage also offers potential for storage, enhancing the everyday functionality of the home.

Strategically located near St Marys town centre and transport facilities, residents benefit from straightforward access to shops, schools, cafes, and major road networks that link to Penrith and the greater Western Sydney corridor. This connectivity contributes to sustained rental demand throughout the area.

For investors, the current tenancy arrangement guarantees a stream of income with minimal effort, whereas owner-occupiers might appreciate the chance to reside in a compact property in a thriving community once the lease concludes. The property is a practical choice for portfolio builders or those making an entry into the property market, offering a sound blend of livability and investment potential.

Secure and quiet location fostering peace of mind
Reliable tenant in place ensuring immediate income
Garage and ample parking addressing vehicle needs
Proximity to essential amenities and transport links

Local Market Insights

In St Marys, Quiet Listings observed 4 new units entering the market over the last 30 days, down from 9 during the previous 30-day period, with an average advertised asking price of $520,000. The property type mix of listed properties is predominantly Houses at 66%, followed by townhouses (20%), and units (10%). The most active agency for units in the St Marys area is currently Ray White, representing 50% of new listings, followed by Laing + Simmons with 25%. 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.