7 Morven StreetOld Guildford NSW 2161
Property Details for 7 Morven St, Old Guildford
7 Morven St, Old Guildford is a 7 bedroom, 4 bathroom House with 2 parking spaces. The property has a land size of 933.6m2. While the property is not currently for sale or for rent, it was last sold in August 2024. There are other 7 bedroom House sold in Old Guildford in the last 12 months.
Last Listing description (August 2024)
Welcome to your dream home at 7 Morven Street, where every detail has been thoughtfully curated to provide a haven of opportunity, either for development (S.T.C.A), work from home - ideal for trades people & or investment.
Ample options for the astute buyer, as this property offers the choice of possible development site, with a 933.6 sqm block of land & 15 mtr frontage there is plenty of scope to explore (S.T.C.A), alternatively, the choice to work from home with ease of access to the rear yard, or, alternatively this can be an investors delight with possible rental income of $1,650 per week.
The heart of this home is the open floor plan that invites you to experience the joys of everyday living. Highlighting three-family areas, seven spacious bedrooms, and possible three rental investments.
Highlight Features
• 7 Bedrooms, main with en-suite
• 5 Bathrooms throughout
• Offering 3 Kitchens with ample bench & cupboard space
• Currently the property is split into 3 residences
• Front residence occupies 4 Bedrooms & 2 bathrooms
• Rear residence offering 2 bedrooms & 2 bathrooms
• Fully serviced teenagers retreat to ground floor with separate bathroom
Development Potential
• The beautifully well-manicured (933.6 sqm offering 15mtr frontage) backyard is perfect for
weekend barbecues, development potential (S.T.C.A)
• 3 self-contained home, 1 huge property.
• Room for 4th dwelling at rear (S.T.C.A)
• Spacious for a duplex build (S.T.C.A)
Ideal for tradies
• With direct access to rear yard, making this property perfect for any trade
• Wide concrete driveway allowing ease of access to rear
• Potential to construct huge shed
Investment Potential
• Main residence - Potential rental return $650 per week
• Second residence - Potential rental return $550 per week
• Studio/Granny flat - Potential rental return $450 per week
• Total potential rent - $1,650 per week
A once in a lifetime opportunity this property is versatile for families, investors, trades and developers. The opportunities are endless.
Nestled on a huge land holding on Morven Street, this residence places you at the centre of convenience. Holroyd private hospital, Guildford Park, Guildford Public School, St Patricks Primary school are just a few amenities laying nearby. This property ensures you're well-connected to the pulse of the area while enjoying the tranquillity of your private haven.
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Property History for 7 Morven St, Old Guildford, NSW 2161
- 24 Jul 2024Sold for $1,800,000
- 17 Jun 2024Listed for Sale Price Guide | $1,825,000 - $1,875,000
- 25 Feb 2022Listed for Rent - Price not available
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About Old Guildford 2161
The size of Old Guildford is approximately 1 square kilometres. It has 2 parks covering nearly 8.7% of total area. The population of Old Guildford in 2011 was 2,596 people. By 2016 the population was 2,645 showing a population growth of 1.9% in the area during that time. The predominant age group in Old Guildford is 0-9 years. Households in Old Guildford are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Old Guildford work in a trades occupation. In 2011, 66.3% of the homes in Old Guildford were owner-occupied compared with 65.2% in 2016.
Old Guildford has 841 properties. Over the last 5 years, Houses in Old Guildford have seen a 55.28% increase in median value, while Units have seen a -6.00% decrease. As at 31 October 2024:
- The median value for Houses in Old Guildford is $1,111,801 while the median value for Units is $605,352.
- Houses have a median rent of $625 while Units have a median rent of $390.
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