FOR SALE
$1,050,000 to $1,150,000

28 & 28a Moolana Parade
South Penrith NSW 2750

Bedrooms: 5
Bathrooms: 2
Car spaces: 2
Floor area: 650m2
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House and Granny Flat Investment Opportunity

Helen Fitzpatrick and her team at Ray White Nepean Group are pleased to present this excellent investment property, currently leased to long-term tenants who are eager to extend their leases. With a combined rental return of $880 per week, there is potential to increase this income with some minor cosmetic updates. Set on a 650m2 block with an 18.29 meter frontage, this property offers both immediate return and future growth.
Prime Location
Conveniently located close to local schools, Southlands Shopping Centre, parks and just a short drive to Kmart, Coles, Penrith Station and Westfield.
Key Features:
House:
• 3 Bedrooms, with a mirrored robe in the master
• Neat and tidy kitchen
• Combined lounge/dining area
• Well-maintained bathroom
• Separate driveway leading to a single carport
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Property Details for 28 & 28a Moolana Pde, South Penrith

28 & 28a Moolana Pde, South Penrith is a 5 bedroom, 2 bathroom House with 2 parking spaces. The property has a floor size of 650m2. The place is currently for sale with Ray White Glenmore Park.

Building Type
House
Floor Size
650m2

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About South Penrith 2750

The size of South Penrith is approximately 5.1 square kilometres. It has 25 parks covering nearly 22.1% of total area. The population of South Penrith in 2011 was 11,640 people. By 2016 the population was 11,790 showing a population growth of 1.3% in the area during that time. The predominant age group in South Penrith is 30-39 years. Households in South Penrith are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in South Penrith work in a clerical occupation. In 2011, 77% of the homes in South Penrith were owner-occupied compared with 72% in 2016.

South Penrith has 4,685 properties. Over the last 5 years, Houses in South Penrith have seen a 59.55% increase in median value, while Units have seen a 53.59% increase. As at 31 October 2024:

  • The median value for Houses in South Penrith is $964,032 while the median value for Units is $719,306.
  • Houses have a median rent of $600 while Units have a median rent of $473.
There are currently 20 properties listed for sale, and 11 properties listed for rent in South penrith on OnTheHouse. According to CoreLogic's data, 179 properties were sold in the past 12 months in South penrith.

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Helen Fitzpatrick
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Ray White Glenmore Park
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