30 Forest WayFrenchs Forest NSW 2086
Property Details for 30 Forest Way, Frenchs Forest
30 Forest Way, Frenchs Forest is a 7 bedroom, 4 bathroom House with 4 parking spaces. The property has a land size of 831m2. While the property is not currently for sale or for rent, it was last sold in March 2024. There are other 7 bedroom House sold in Frenchs Forest in the last 12 months.
Last Listing description (March 2024)
This property is an investor's dream or a fantastic opportunity for multiple - family living or home plus two incomes with 3 fully approved dwellings. There are so many options here. Rent out all three properties for an annual income of approx. $132,500 per annum. Live in the house and rent out both flats for a potential income of $65,000 per annum or occupy the house and granny flat and collect an income from the studio of approx. $28,600pa.
Main House
The main home is a fully renovated 4 bedroom family home
- Two brand new bathrooms including ensuite to the main bedroom
- Four bedrooms - main room has a dressing area with ample built-in robe space
- Spacious open plan living area with lounge, dining and sunroom
- Ducted r/c air conditioning
- The kitchen overlooks a large undercover entertaining area plus fully fenced, private level grass space
- Brand new laundry
- Lock up garage plus additional parking spaces
Granny Flat
Near new granny flat with modern kitchen and bathroom
- Open plan living area
- 2 Bedrooms with built-in robes
- Fenced grass area
- Separate parking space
- Own entrance with private yard space
Studio
Near new studio
- Open plan living
- Near new kitchen and bathroom
- Private fenced lawn area
- Separate car space
Rental estimate is $1,300pw for house, $700pw for granny flat & $550pw for studio = $2,550pw or $132,500 per annum
You could potentially use the front house for a home business and rent out the other two properties or your family could occupy all three homes.
Located within easy level walking distance to Forest Way Shopping Centre and City / Chatswood / Manly bus stops.
This is an amazing property with so much to offer and definitely worth an inspection.
For Sale By Negotiation
Property History for 30 Forest Way, Frenchs Forest, NSW 2086
- 11 Mar 2024Sold for $2,435,000
- 12 Feb 2024Listed for Sale $2,435,000
- 04 Nov 2021Listed for Rent $925 / week
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About Frenchs Forest 2086
The size of Frenchs Forest is approximately 8.4 square kilometres. It has 36 parks covering nearly 19.2% of total area. The population of Frenchs Forest in 2011 was 13,191 people. By 2016 the population was 13,467 showing a population growth of 2.1% in the area during that time. The predominant age group in Frenchs Forest is 40-49 years. Households in Frenchs Forest are primarily couples with children and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Frenchs Forest work in a professional occupation. In 2011, 87.9% of the homes in Frenchs Forest were owner-occupied compared with 84.7% in 2016.
Frenchs Forest has 5,128 properties. Over the last 5 years, Houses in Frenchs Forest have seen a 48.80% increase in median value, while Units have seen a 29.78% increase. As at 31 October 2024:
- The median value for Houses in Frenchs Forest is $2,195,909 while the median value for Units is $1,720,843.
- Houses have a median rent of $1,225 while Units have a median rent of $635.
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