Images and floorplans are provided for illustrative purposes and remain the property of their respective copyright owners.
31 Caloola Avenue
Penrith, NSW 2750
$1,300,000
Overview
31 Caloola Avenue, Penrith
Located in a highly sought-after and quiet street, this property offers a unique development opportunity with a DA approved plan for a 5-bedroom duplex. Currently, the site features a well-maintained 3-bedroom family home, ideal for those seeking immediate occupancy or investment potential.
The existing residence includes a separate lounge and dining area, providing distinct spaces for relaxation and entertaining. The kitchen is neat and functional, complementing the home's timber flooring that extends throughout, adding warmth and character to the living spaces.
One of the standout features of this property is the massive backyard, offering ample outdoor space for family activities, gardening, or future development. A side driveway leads to a carport, ensuring convenient off-street parking.
- Currently a 3-bedroom family house
- Separate lounge and dining area
- Neat kitchen
- Timber floors throughout
- Massive backyard
- Side driveway to carport
- Total land size of 1023 square meters
- Currently rented, providing immediate rental income
- Development plans available in office
This property is perfectly positioned close to Kingswood Park Public School, shopping facilities, and public transport, making it an excellent choice for families and investors alike. The rare opportunity to develop a 5-bedroom duplex on this substantial land parcel adds significant value and potential for future growth.
Whether you are looking for a comfortable family home with the benefit of future development or a solid investment with rental income and development upside, this property offers a compelling proposition in the Penrith area.
Location
Penrith NSW 2750
Market Insights for Penrith NSW 2750
Other properties in this postcode
$569,000 - $599,000
214/26a Lord Sheffield Circuit, Penrith NSW 2750
$**JUST LISTED | Prime R3 Zoned Block on 701.9sqm
27 Reddan Avenue, Penrith NSW 2750
* Search brackets are a technical classification derived from unverified metadata set by the listing agent for search filtering. It is not an official price guide, a valuation, or a representation of the seller's reserve. This data is provided for search transparency purposes only.
