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Sold on 12 Mar 2024 for $345,000

10/29-31 First Street
Kingswood NSW 2747

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
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Property Details for 10/29-31 First St, Kingswood

10/29-31 First St, Kingswood is a 2 bedroom, 1 bathroom Apartment with 1 parking spaces. While the property is not currently for sale or for rent, it was last sold in March 2024. There are other 2 bedroom Apartment sold in Kingswood in the last 12 months.

Building Type
Apartment
Local Government
Penrith
Lot/Plan
10/SP30984

Last Listing description (March 2024)

Nestled in the vibrant heart of Kingswood, 10/29-31 First Street presents an outstanding investment opportunity with a current rental return of $330 per week, appealing to savvy investors looking to capitalise on this highly desirable locale. This ground-floor apartment is not only a stone's throw from verdant parks and bustling sporting fields but also benefits from the convenience of proximity to essential amenities. The meticulously maintained 2 bedroom abode sits within a small, secure complex of just 15 units, ensuring privacy and exclusivity.

Features of the apartment include:
• 2 good size bedrooms with built-in robes, offering ample storage for a streamlined living experience.

• An open-plan living area, creating a sense of space and fluidity, ideal for both relaxing and entertaining guests.
• Spacious kitchen comes complete with a breakfast bar and an electric cooker, ready for crafting culinary delights.
• The bathroom is cosy yet well-appointed, perfect for unwinding after a long day.
• An internal laundry adds to the convenience, whilst a linen press and broom cupboard provide extra storage solutions, a rare find in apartment living.
• Stepping outside, there is ample street parking and a single carport ensuring parking is never a concern.
• Currently rented for $330 per week until 28/11/2024 to great long-term tenants who are happy to stay on

This gem of a property is only a short walk from Kingswood Train Station, making commuting a breeze, while shops, schools, Nepean Hospital, and Western Sydney University are all within easy reach, adding to the incredible rental appeal. For investors, this apartment offers a blend of lifestyle and potential yield that is hard to come by. It is a ready-made investment with the promise of growth in a sought-after pocket of Kingswood. Take advantage of this chance to own a piece of this thriving community.

Additional information:
Strata levies - $824.10 per quarter
Council rates - $448.40 per quarter
Water rates - $173.29 per quarter

Listed below is an approximate distance from the property to local amenities:
100m to Bus stop
550m to Kingswood Public School
650m to Kingswood Train Station
700m to Western Sydney University
800km to Nepean Hospital
1.1km to Kingswood High School
1.3km to TAFE NSW
1.7km to Caddens Corner shopping centre with Woolworths
3.1km to M4 motorway
3.4km to Westfield Penrith
3.9km to Panthers Leagues Club
50km to Sydney CBD

Disclaimer: We have, in preparing this information, used our best endeavours to ensure that the contents contained herein are true and accurate but accept no responsibility and disclaim all liability in respect of any errors, inaccuracies or misstatements contained herein. Prospective purchasers should make their own independent inquiries to verify the information provided.

Property History for 10/29-31 First St, Kingswood, NSW 2747

A timeline of how this property has performed in the market
Last Sold
$345,000
12 Mar 2024
Listed for Rent
$310/w
01 Dec 2021
  • 27 Feb 2024
    Sold for $345,000
  • 25 Jan 2024
    Listed for Sale SOLD BY DANIEL PALERMO!!!
  • 19 Nov 2021
    Listed for Rent $310 / week
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About Kingswood 2747

The size of Kingswood is approximately 5.3 square kilometres. It has 22 parks covering nearly 10.3% of total area. The population of Kingswood in 2011 was 9,107 people. By 2016 the population was 9,288 showing a population growth of 2.0% in the area during that time. The predominant age group in Kingswood is 20-29 years. Households in Kingswood are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Kingswood work in a professional occupation. In 2011, 51.4% of the homes in Kingswood were owner-occupied compared with 44.9% in 2016.

Kingswood has 5,434 properties. Over the last 5 years, Houses in Kingswood have seen a 64.54% increase in median value, while Units have seen a 34.13% increase. As at 31 October 2024:

  • The median value for Houses in Kingswood is $984,991 while the median value for Units is $565,294.
  • Houses have a median rent of $550 while Units have a median rent of $465.
There are currently 41 properties listed for sale, and 30 properties listed for rent in Kingswood on OnTheHouse. According to CoreLogic's data, 271 properties were sold in the past 12 months in Kingswood.

Suburb Insights for Kingswood 2747

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Contact agent
Daniel Palermo
Show contact details
Gilda Palermo
Show contact details
One Agency Caddens - St Marys
Preferred contact:
Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.