534 Forest Road, Penshurst NSW 2222

"Large Freestanding House on a generous parcel of land - Purposely configured as a Family Home PLUS Home Business, or a potential Duplex site (STCA)"

A Truly Unique Asset! Looking to purchase your next family home or investment OR a bit of both? this one offers the best of both worlds.

For Sale via Expressions of Interest

Property Summary:
5 Bedrooms + Study, 2 Baths, 2 Cars
Price Guide: FOR SALE via EOI

About
534 Forest Road, Penshurst NSW

A versatile 5 Bedroom, 2 Bathroom House with Double Garage on a generous parcel of land, maximising its potential as a family home, and complemented by a 'Home Business' functionality. Close to all amenities.

The front of the building comprises 2 rooms and a powder room (totaling approx. 82sq.m. PLUS a garage), presently approved for commercial use, has been leased to a long-established Clothing and Embroidery business "Zasta Embroidery" since 1994, servicing clients from all levels, including: local shops, academia, and corporate.

The rear of the building comprises 3 bedrooms, 2 bathrooms, a study, a fully equipped kitchen, and laundry. The huge backyard, ideal for entertaining, boasts a sunny North-Easterly aspect and comes with 2 separate garden sheds, perfect for additional storage.
This truly versatile property will appeal to Homeowners, Investors and Builders/Developers!

Some of the property's features include:

• Five bedrooms in total plus a multi-Purpose room.
• Ensuite to Master bedroom. Bathtub and separate shower to the main bathroom.
• Sun-drench living areas, with separate kitchen.
• Engineered Timber Flooring throughout the ground floor living areas.
• Classic kitchen, complete with ample storage and loads of natural sunlight.
• Massive backyard, perfect entertainment space for the family.

Ideal as a Family home or Investment, or both……..the choice is yours !

Facts and Numbers:

Land Area: 658sq.m. approx.
Land Zoning: R2 (Georges River Local Environmental Plan 2021)
Building Frontage: 21m approx.
Intern. Area: 239sq.m. approx.
Garage Area: 46sq.m. approx.
Built Year: Early 1900's

Current Rental:

Front of Building (commercial): $600 per week.
Rear of Building (residential): $800 per week.

Outgoings:

Council: Approximately $401 Per quarter
Water: Approximately $340 Per quarter