OFF MARKET

2 Picnic Glen
Springwood NSW 2777

Bedrooms: 5
Bathrooms: 2
Car spaces: 1
Floor area: 127m2
Land area: 886m2
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Property Details for 2 Picnic Glen, Springwood

2 Picnic Glen, Springwood is a 5 bedroom, 2 bathroom House with 1 parking spaces and was built in 1970. The property has a land size of 886m2 and floor size of 127m2. While the property is not currently for sale or for rent, it was last sold in February 2018.

Building Type
House
Year Built
1970
Floor Size
127m2
Land Size
886m2
Local Government
Blue Mountains
Lot/Plan
25/DP249087

Last Listing description (April 2022)

Convenient yet a peaceful location this property is only a short 10 minute walk from Springwood shopping precinct, train station, coffee shops and restaurants. Presenting an outstanding opportunity to secure this convenient dual occupancy property. Ideal for the growing family, extended families or investors looking for possible dual rental potential. First home buyers! Lease the flat for $230 a week and help pay the mortgage.
Situated in one of Springwoods most sought after neighbourhoods, this 4 bedroom home includes a self-contained studio flat.
The property offers incredible flexibility and opportunity for all ages whether the extended family, retiree or wishing to enjoy work from home or an income from the self-contained studio under the home or hobbies.

Investors will appreciate the return expected; 4 bedroom home so close to amenities
$400 a week for shared property with the downstairs studio flat expected return $230 a week = $630 per week return.
Expected rent achieved for whole property $550 a week.
Further ideal potential under the home to expand in the future.
* Offers two living areas
* Generous workshop and storage under the home
* Open plan living and dining with timber floors
* Rear living room with slate floors opens to the covered deck
* Generous covered deck
* A very spacious timber kitchen features oodles of storage a 4 burner gas cook top with new range hood; dishwasher and electric oven.
* Timber floors in bedrooms and open plan living and dining
* Fireplace
* Reverse cycle air conditioner
* Natural gas to property
* Bed 1 (Master) Timber floor, built in
* Bed 2 timber floor, built in
* Bed 3 timber floor, built in
* Bed 4 timber floor
* Family bathroom includes separate shower, bath and vanity
* Separate toilet
* Self contained Studio Flat- Bed 5 with is versatile for any use located at the rear of the home and offers a covered paved entry, an open plan living, bedroom and kitchenette with new carpet a spacious bathroom with shower, toilet and basin.
* The single garage has auto tilt door
* A huge workshop storage area under the home provides further possibilities for the discerning buyer.
* Land size 886m2 with low-maintenance landscaped garden
* Quiet location backing reserve
* Level backyard

For more information or to book your private inspection please call Gary Bardwell and his team Century 21 Combined Springwood – 47511744.

Property History for 2 Picnic Glen, Springwood, NSW 2777

A timeline of how this property has performed in the market
Last Sold
$710,000
01 Feb 2018
  • 01 Feb 2018
    Sold for $710,000
  • 22 Nov 2017
    Listed for Sale Not Disclosed
  • 09 Aug 2017
    Sold
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About Springwood 2777

The size of Springwood is approximately 19.4 square kilometres. It has 41 parks covering nearly 24.6% of total area. The population of Springwood in 2011 was 8,436 people. By 2016 the population was 8,484 showing a population growth of 0.6% in the area during that time. The predominant age group in Springwood is 40-49 years. Households in Springwood are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Springwood work in a professional occupation. In 2011, 75.8% of the homes in Springwood were owner-occupied compared with 76.6% in 2016.

Springwood has 4,038 properties. Over the last 5 years, Houses in Springwood have seen a 52.97% increase in median value, while Units have seen a 30.85% increase. As at 31 July 2024:

  • The median value for Houses in Springwood is $897,721 while the median value for Units is $633,499.
  • Houses have a median rent of $600 while Units have a median rent of $420.
There are currently 14 properties listed for sale, and 6 properties listed for rent in Springwood on OnTheHouse. According to CoreLogic's data, 149 properties were sold in the past 12 months in Springwood.

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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.