Colyton, NSW
Property Journey:
The clients were investors wanting to dip their toes into the Sydney market.
Originally from interstate, our clients were unsure where to start or where to buy.
Andrea advised several suburbs that suited client’s strategy and where they would be comfortable owning an investment property.
She then sourced several properties, the winner being a 613sqm corner block, already renovated with plans already approved to construct a 60sqm granny flat.
Clients are in the process of choosing a builder, using approved the plans which capitalizes from having two street frontages.
Once constructed, the house would rent out for $400pw and the granny flat $300pw.
Because this property will pay itself off, clients are in a position to buy another investment property.
About the Property:
This 3 bedroom recently renovated home is set on an attractive 613.3m2 corner block.
Separately fenced area & a CDC (Complying Development Certificate) is ready for an approved 60m2 Granny Flat to be built.
Conveniently close to both M4 & M7 Motorways, Walking distance to Public Transport going to Mt Druitt, St Marys & Penrith.