An exceptional opportunity awaits at 36 Panonia Road, Wyong-offering three incomes with future growth potential on a 1,416m² (approx.) parcel of land.
Converted into three separate self contained units all on one title, this unique property delivers three income streams from day one, making it an ideal addition to any investor's portfolio.
Set on a generous block of 1416m2 (approx) with an R2 Low Density Residential zoning, the possibilities here extend beyond the current setup. Whether you're looking to landbank, further develop (STCA), or simply enjoy the strong rental return, this is a versatile asset in a high-demand location.
Positioned for convenience, the property is just moments from Wyong town centre, train station, schools, shops, and easy access to the M1 Motorway-ensuring ongoing tenant appeal and strong long-term growth.
Property Highlights:
*Converted into three separate units – three tenancies currently in place
*Expansive 1,416m² block with a 20.115m frontage
*R2 Low Density Residential zoning
*Combined rental return of $810 per week with room to increase;
Unit 1, 2 bedroom layout - currently rented for $265 per week
Unit 2, 1 bedroom layout - currently rented for $275 per week
Unit 3, 1-2 bedroom layout - currently rented for $270 per week
*Excellent scope for future development/improvement (STCA)
*Convenient location close to transport, shops, and amenities
Opportunities like this are rare. Secure a high-performing investment with significant room to improve and grow in one of Wyong's most desirable streets.
Council Rates: $3,221.53 per year
Water Rates: $3,297.24 per year
To receive an information e-book on this property sms '36PANONIA' to 0429 272 028.
DISCLAIMER: This advertisement contains information provided by third parties. While all care is taken to ensure otherwise, First National Real Estate Coastwide, does not make any representation as to the accuracy of any of the information contained in the advertisement, does not accept any responsibility or liability and recommends that any client make their own investigations and enquiries. All images are indicative of the property only.
