94 Cox Avenue, Penrith, NSW, 2750, Australia

Welcome to 94 and 96 Cox Ave, Penrith with both houses being offered to the market 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.

94 Cox Ave
5 bed 2 bath 5 car
- Rental estimate $650 per week
- Large open backyard with outdoor dining area, lock up garage and established garden
- Split system air con throughout with 3x living areas, NBN connected
- Kitchen offers ample storage, electric cooktop with oven and dishwasher
- Timber floorboards to front two bedrooms and living room
- Carpet to remaining three bedrooms with lino tiles to kitchen and lounge/dining
- All bedrooms with built in robes, internal laundry, bathtub to main bathroom
- Gated access to driveway and front yard with porch

2 x 3 bed houses on 96 Cox Ave, presenting dual occupancy double rent on the one parcel of land.

96A Cox Ave
3 bed 1 bath 5 car
- 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
3 bed 1 bath
- 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:
94 Cox Ave
Water rates: $155 p/q approx.
Council rates: $572 p/q approx.

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