36 Panonia Road, Wyong, Nsw, 2259

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.