1 Grenada Street

Fairfield West NSW 2165

556 m²

House

Currently for sale - view listing

Overview

TRIPLE INCOME OPPORTUNITY

An outstanding opportunity for investors and extended families, 1 Grenada Street, Fairfield West combines three separate income streams with a highly sought-after family location close to Westfields Sports High School. Set on approximately 556sqm of land with a 15.24m frontage and 36.5m depth, the property comprises a spacious 3-bedroom front house, a 2-bedroom plus study granny flat and a self-contained 1-bedroom sleep-out, generating a total rental income of $1,490 per week. Positioned in a popular pocket of Fairfield West, the property is conveniently located close to schools, shopping, sporting facilities, parks and transport, making it an attractive proposition for investors seeking strong holding income or families requiring separate accommodation. FRONT HOUSE + 3 bedrooms, all with built-in wardrobes + Spacious lounge room + Separate kitchen and dining + Good kitchen and bathroom & 2 toilets + Gas cooking + Air conditioning + Currently leased for $550.00 per week to a long-term tenant GRANNY FLAT + 2 bedrooms plus study + Tiled floors throughout + Split-system air conditioning + Currently leased for $500.00 per week BONUS SELF-CONTAINED SLEEP-OUT + 1 bedroom + Self-contained accommodation + Currently leased for $440.00 per week TOTAL RENTAL INCOME $1,490 per week | $77,480 per annum approx. A major highlight is the property's proximity to Westfields Sports High School, one of Western Sydney's most recognised specialist sports high schools and a highly regarded choice for talented student-athletes. Also within easy reach: + Westfields Sports High School – approx. 200m + Fairfield West Public School – approx. 500–600m + Fairfield West Plaza – approx. 700m + Local parks and sporting facilities – within walking distance + Fairvale High School – approx. 1.5km + Fairfield Hospital – approx. 1.6km