96 Cox Avenue, Penrith NSW 2750

Welcome to 96 Cox Ave, Penrith with the house next door at #94 also being for sale at the same time, presenting a developers dream site of acquiring both properties side by side.

Both land holdings are R4 zoned as high-density residential living. Combining both 94 and 96 Cox Ave, you gain approx. 31m double street frontage and 1,548sqm of land. Development options include a block of units up to 15m height (HOB), townhouses, a boarding house, childcare centre (STCA), Mews (based on state government planning), the opportunities are endless.

2 x 3 bed houses, each with one bathroom, presenting dual occupancy double rent on the one parcel of land.

96A Cox Ave
- Rental estimate $550 per week (minimal work to be done to be lease ready)
- Ceiling fan to bedrooms with curtains and timber floors
- Stained glass windows, electric oven with stove and rangehood
- Internal laundry with large wrap around verandah
- Shed at rear and grassed area in-between houses
- Lock up garage with toilet and external laundry for the front house.

96 Cox Ave
- Rental estimate $550 per week (renovation work to be done to be lease ready)
- Carpeted in bedrooms, 1 x living with split air con, 3 x bedrooms, bathroom with bathtub, kitchen, front porch.

Location-wise, you are within a 1.7km radius of Nepean Hospital (850m), Westfield (1.7km), Penrith station (1.7km), St. Dominic College (450m) and Penrith selective school (1km).

By 2026 we will have the St Mary's metro train line (8km away), and the 2nd airport (22km away).

By 2031 we are expecting 40,000 new jobs and the population of Penrith to double, presenting an excellent investment opportunity.

Outgoings:
Water rates: $320 p/q approx.
Council rates: $536 p/q approx.