PRD Penrith Level 1/27 Lawson Street Penrith, NSW, 2750 02 4732 3711
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51 Somerset Street KINGSWOOD 1
51 Somerset Street KINGSWOOD 2
51 Somerset Street KINGSWOOD 3
51 Somerset Street KINGSWOOD 4
51 Somerset Street KINGSWOOD 5
51 Somerset Street KINGSWOOD 6

51 Somerset Street
kingswood
NSW, 2747

SOLD

Sold for $810,000

listing rooms 3
listing bathrooms 1
listing parking 1
Land: 626 sqm

Potential with Position

Located on the doorstep of NSW's fastest growing hospitals and medical precincts. This original 3 bedroom sits as the perfect opportunity for any savvy buyer with aspirations in developing or looking to landbank in such a rapidly growing area.

The substantial 626sqm block benefits from being zoned R3 (medium density) which allows for developments such as Boarding Houses, Duplex, Medical practice, Childcare centres, and a range of other options. The amount of these developments that have been built in this pocket alone is evidence that you're investing in the right location.

The true value of this home is in the location, with this pocket being so tightly held for generations. And you can see why, being only 250m from Nepean Hospital and surrounding private practices, 800m to Kingswood Station and only 1km from Western Sydney University. This location will forever benefit from the future growth of Western Sydney and the surrounding infrastructure for years to come.

Disclaimer: We have been furnished with the above information however, PRD Penrith gives no guarantees, undertakings or warnings concerning the accuracy, completeness or up-to-date nature of the information provided. All interested parties are responsible for their own independent enquiries in order to determine whether or not this information is in fact accurate.

Agents

Nearby Schools

About kingswood

median house price

892000

suburb growth

10.7%

median house rent

550

suburb rental yield

3.2%

Similar Properties

Source: Suburb Flyover Report Series, APM Pricefinder. PRD does not give any warranty in relation to the accuracy of the information contained in this report. If you intend to rely upon the information contained herein, you must take note that the Information, figures and projections have been provided by various sources and have not been verified by us. We have no belief one way or the other in relation to the accuracy of such information, figures and projections. PRD will not be liable for any loss or damage resulting from any statement, figure, calculation or any other information that you rely upon that is contained in the material. Prepared by PRD Research © All medians and volumes are calculated by PRD Research. Use with written permission only. All other responsibilities disclaimed.

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