8 Cosgrove Cres, Kingswood is a 4 bedroom, 2 bathroom House with 3 parking spaces and was built in 1950. The property has a land size of 556m2 and floor size of 124m2. While the property is not currently for sale or for rent, it was last sold in May 2021.
We welcome 8 Cosgrove Crescent, Kingswood brought to you by award listing agent Peter Diamantidis.
This property is DA Approved to construct a two storey 13 room boarding house which is positioned close to Nepean Hospital, University of Western Sydney, Tafe and Kingswood train station.
This well presented home is currently rented for $515 per week with the tenants happy to stay on.
FURTHER INFORMATION:
* Site area 556SQM and positioned on a corner location
* DA approved for 13 rooms
* Efficient design & build
* Two (2) storey design with secure car parking for cars, motorbikes and even bicycle parking
* High potential yielding investment
* Potential $182,520 per annum gross income on completion ($270 per week average per room)
Approvals like this are now hard to obtain due to planning laws with with the upside on having an investment which would be very rare in the future and the chances on increasing in value.
Contact Peter Diamantidis 0404 051 702 for further details
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 5,456 properties. Over the last 5 years, Houses in Kingswood have seen a 64.35% increase in median value, while Units have seen a 27.45% increase. As at 31 July 2024:
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