Kingswood, NSW 4757

Type of Property: House

Reason for Purchase: Investment Property

Address: 58 Jones Street, Kingswood NSW 4757

Property Journey:

Our client was a time poor investor looking to purchase a property in Western Sydney with development potential. Cohen Handler Buyer’s Agent Andrea Shergill performed all necessary development checks before shortlisting this property. Short term, our client will construct a granny flat for dual incomes and positive gearing, long term our client will look at developing this block, otherwise on-selling to a developer. This property was purchased for $700,000, market comparisons were around $725,000-$750,000 at the time of this purchase.

About the Property:

ZONE R3 & LARGE FRONTAGE

Other features included;

  • All 3 bedrooms are good sized
  • Built in to main bedroom
  • Combined large lounge and dining
  • Spa bath in modern bathroom
  • Modern kitchen
  • Large outdoor entertaining area with roof
  • Sun room
  • Large level block of land 661 sq
  • 17.1 meter frontage
  • Development potential

Location

Purchased by:

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