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House in South Wentworthville
SOLD - Frank La Malfa - 0401 316 877 - Ray White LMG
- 5 Beds
- 2 Baths
- 3 Cars
Frank and the team at Ray White LMG proudly present to the market an opportunity to unlock the full potential of this expansive block in a high-growth pocket of South Wentworthville. Offering a rare combination of immediate rental returns and a clear pathway for future development, 38 Monterey Street is the ultimate acquisition for savvy investors and residential developers.
Vendor has instructed us to accept offers prior to auction.
The Development & Investment Opportunity:
- Optimal site dimensions: a substantial frontage and depth, meeting the core criteria for duplex development under Cumberland City Council controls
- Duplex potential (STCA): the land size and width provide an ideal canvas for a modern side-by-side or detached dual occupancy project, following local precedents close by
- Both properties currently leased at $1,120 p/w
Main residence features:
- Spacious living: a well-maintained and renovated house featuring 3 generous bedrooms and a central bathroom
- Functional layout: the home offers a classic floor plan
- Secure parking: includes a lock-up garage with additional off-street parking for convenience
- Currently leased at $600 p/w
Granny Flat:
- A modern addition: recent development includes the addition of a granny flat on-site, providing a self-contained living space perfect for extended family or as a high-yield rental asset
- Independent living: designed to offer privacy from the main home while sharing the substantial backyard space
- Currently leased at $520 p/w
Location & lifestyle highlights:
- Educational excellence: located within the sought-after catchments for Hilltop Road Public School (approx. 0.68km) and Greystanes High School
- Ultimate convenience: enjoy easy access to local amenities including the Seven Stars Early Learning Centre (0.09km) and nearby shopping plazas
Unbeatable transport & connectivity:
- Rapid road access: instant entry to the M4 and Great Western Highway for fast commutes to Parramatta, Sydney CBD, and Western Sydney hubs
- Easy rail access: close to Wentworthville Station (T1 Western & T5 Cumberland lines)
- Bus at your door: steps from key stops with direct routes to Pemulwuy, Merrylands, Parramatta, and Westmead (Routes 809 & 824)
Don't miss this outstanding opportunity to secure a quality residences in a prime location with an opportunity to develop!
Inspect: As Advertised Or By Appointment
Contact: Frank La Malfa | Available 7 days
We have obtained all information in this document from sources we believe to be reliable; however, we cannot guarantee its accuracy. Prospective purchasers are advised to carry out their own investigation. Images may contain virtual features.
1 garage space and 2 off street parks
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