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Lot 1 Riverside Road, Emu Heights, 2750, New South Wales

Sold for $1,125,000
6
3
2

Property Id - HS97550
Click to enlarge (12 photos)

Penrith Professionals Real Estate

253 High Street Penrith New South Wales 2750
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Enquire
Price
Sold for $1,125,000
Bedrooms
6
Bathrooms
3
Car Spaces
2
Car Space Type
-
Property Type
House
Dwelling Size
-
Land Size
0 Acres

Once in a Life Time

This is a once in a life time opportunity, how many times have you heard that? This 3.5 (approx.) hectare property with over 150m of absolute river frontage and 2 houses on it will be sold as one lot, but council has given approval to subdivide into 2 lots with an existing house kept on each and consent to do so up until 6th April 2016. Once subdivided one block will be approximately 5 acres with just under 100m of river frontage with the huge 4 bedroom home with inground pool. The second block will be approximately 3.5 acres with just over 60m of river frontage with the existing 2 bedroom home. With the neighbouring, 4 acre, vacant block just selling for 500k the financial gains possible from such a subdivision are mind blowing but you will have until 6/4/16 to decide whether or not you wish to take advantage. This breathtaking property sits on the Blue Mountains escarpment with its feet lapping one of the most picturesque and quite parts of the Nepean river – it’s the best kept secret in town. The massive, flat, parklike area next to the river is stunning and there would be no better place to enjoy a family picnic, cricket game, or to just go fishing. The main house takes full advantage of the amazing river view with massive, open planned living areas both upstairs and down. Words... Read more will not do justice to what only an inspection will gift. Now, Does this sound like a once in a life time offer?

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Inspection Times

  1. Please contact the agent to make an inspection.

Street Statistics

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Street statistics for Riverside Road, Emu Heights

Dwelling Type Lowest Median Highest Growth
Houses $345,000 $436,000 $495,000 10.09 %
Units $260,000 $344,000 $404,000 7.27 %
Disclaimer: © Residex Pty Ltd

Suburb Statistics

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Median House Value: $420,500

Median Unit Value: $369,000

House Median GraphUnit Median Graph
Measurement Houses Units
Median Value $420,500 $369,000
Median Weekly Rent (Gross) $430 $375
Suburb Rental Yields 5.36 % 5.28 %
Annual Number Of Sales 39 7
Average Vendor Discounting 2.34 % N/A
Average Listing Duration 97 days 163 days
Disclaimer: © Residex Pty Ltd
Find out which suburbs are predicted to have the best Capital GrowthGet Report
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Disclaimer: © Residex Pty Ltd

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1 Suburb data provided by Residex Pty Ltd
2 Suburb Home Ownership and Population data created by Residex Pty Ltd, using data provided by ABS (2006)

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