5/1 George Street, Kingswood
Sold for $530,000 Villa - Property ID: 953252
This neat and tidy 3 bedroom villa is situated at the rear of a small complex and furthest from the street making it very secure and quiet.
The street is also quiet and within walking distance to Kingswood train station, Nepean Hospital, shops and University of Western Sydney Kingswood Campus.
There is an excellent tenant and her family residing at the premises for the last 8 years which will be music to investors ears.
The property offers air conditioning, built-in wardrobes to all bedrooms, open plan living, internal access from the garage, an undercover rear patio which is great for entertaining, and plenty of visitor parking right in front of the villa which is so handy when the occupant has guests come over.
One owner since new.
Super cheap strata fees of approximately $480/qtr, with the average in the area $650/qtr this is certainly a big saving. And remember, strata fee's pay for your building insurance, upkeep of common areas, the strata managements fee's, and money from these fee's also goes in to a sinking fund which is used to pay for structural problems, roof repairs, gutter replacement, amongst other things. All these responsibilities would be your own financial responsibility without strata fee's.
There has been plenty of infrastructure and development going on in this area in recent years with more planned. This area between Kingswood, Werrington and Claremont Meadows is a booming area for many different types of development (both government and private) and has just had its own on and off ramp built to the M4 motorway at Kent road for the increased traffic flow that is predicted. Add to this the fact that it is only a few minutes’ drive from Penrith’s CBD, the future looks very bright for the area.
If you need time to sell another property or would like to know more information about this property feel free to contact the agent Richard Heidtmann on 0409 551 803 or to find out how
All information contained herein is gathered from sources we believe to be reliable. We cannot however guarantee its accuracy and interested parties should make and rely on their own enquiries.