Astonishing Asset

Attention all astute investors and developers! We are thrilled to present a unique opportunity at 567a Great Western Highway, Greystanes NSW. This remarkable property offers a winning combination of location, development potential, and immediate rental income. Prepare to be impressed!

The property currently features a charming house with three bedrooms, one bathroom, and two kitchen areas. The home is tenanted for $580 weekly, providing a steady income stream.

This property rests on a huge 771.4 m² block of land.

It comes with the added advantage of a Development Approval (DA) for two double-story free-standing homes plus a granny flat – a unique proposition that’s hard to find, offering the perfect blend of immediate income and long-term growth potential.

Current House Features:

• 3 bedrooms, 1 bathroom
• 2 separate kitchens
• Large yard space
• Current rental income of $580 per week

DA Property Features:

• Approved for 2 double-story free-standing homes & 1 granny flat
• Excellent location along Great Western Highway
• Close proximity to local amenities and public transport

Proposed Home 1:

• Lot size 450 m²
• 5 bedrooms
• 3 bathrooms
• 2 living spaces
• Large alfresco entertaining areas
• Double Garage
• 2 bedroom, 1 bathroom granny flat with courtyard

Proposed Home 2:

• Lot Size 321.4 m²
• 5 bedrooms
• 3 bathrooms
• 2 living spaces
• Large alfresco entertaining areas
• Single Garage

Opportunities like this are rare and highly sought-after. Whether you’re an experienced investor or a first-time buyer looking to make a smart investment, 567a Great Western Highway has the potential to transform your property portfolio and secure your financial future.

For more detailed information or to arrange a viewing, please don’t hesitate to contact us.