131 Cox Avenue, Penrith, NSW 2750

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Sold

Sold for $1,000,000 (Mar 17, 2021)

DA Approved 10 Room Boarding House

We welcome 131 Cox Avenue, Penrith brought to you by award listing agent Peter Diamantidis.

This property is DA Approved to construct a two storey 10 room boarding house which is positioned close to local Primary and High Schools including St Dominics, Transport, Nepean Hospital, Parks, Penrith and Kingswood train stations and easy access to main arterial roads.

This well presented and spacious clad home is currently rented for $430 per week with the tenants happy to stay on.

FURTHER INFORMATION:



  • Site area 632SQM and positioned on a corner location

  • DA approved for 10 rooms

  • Efficient design & build

  • Two (2) storey design with car parking for 5 cars (No Basement)

  • High potential yielding investment

  • Potential $140,400* per annum gross income on completion ($270 per week average)

    Opportunities like this are very rare and not too be missed! Contact Peter Diamantidis 0404 051 702 for further details

    • Artist impression photos used *


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Property Info:
  • Property ID: L5707547
  • Property Type: House
  • Carports: 1
  • Land Area: 632.0 sqm
We Know Your Area
R&H Suburb Profile: Penrith

R&H Suburb Summary Houses
Number of sales 164
Average Price $882,087
Median Price $795,000
Median Rental Price $428 p.w.
Change in Rental Rate (5yr) 2 %
R&H Suburb Summary Units
Number of sales 536
Average Price $493,314
Median Price $498,250
Median Rental Price $400 p.w.
Change in Rental Rate (5yr) 14 %
Penrith, NSW - Median Trend
$795,000