8 & 8a Karoon Avenue, Canley Heights NSW 2166

A rare and highly desirable dual-income opportunity in the highly desirable suburb of Canley Heights! This well-presented property comprises a 5-bedroom main residence plus a modern 2-bedroom granny flat, both approved and separately metered — offering strong, stable rental returns and long-term capital growth potential.

Investment Highlights

Two self-contained dwellings on one title

Estimated combined rental return of $1,400–$1,500 per week*

Positioned on an impressive 734sqm corner block with dual street frontage

Both dwellings are approved, council-compliant, and low-maintenance

Excellent tenant appeal with quality finishes, generous space, and separate yards

Strong demand location – close to Canley Heights shopping precinct, schools, public transport, and major arterial roads

Main Residence (8 Karoon Ave)

Spacious 5-bedroom family home with large living zones

Updated kitchen and bathrooms, ready for immediate rental

Double carport and additional parking space

Current market rent potential: $850–$900 per week*

Approved Granny Flat (8A Karoon Ave)

Two bedrooms with built-ins, modern kitchen and bathroom

Separate private entry and yard

Current market rent potential: $550–$600 per week*

Why Invest Here

Rare dual-income setup on a large corner block

High land value with future redevelopment potential (STCA)

Low vacancy area with consistent rental demand

Excellent cash flow and long-term capital growth prospects

Don’t miss this standout investment in a tightly held, high-performing pocket of Canley Heights. Properties like this are rarely offered and highly sought after.

📞 Contact J Nguyen Property today to discuss rental appraisals, cash flow analysis, or to arrange a private inspection.