29 & 31 Manning Street

The Process:
Auction to be held Onsite on Saturday 7th December unless sold prior.
The vendor will consider all offers prior to Auction and if an offer is accepted the auction will be cancelled.
If you would like to put forward an offer or have any further questions about the process, please contact the agent.

The Properties:
Discover a rare investment opportunity in the heart of Kingswood with 29 and 31 Manning Street—two adjoining properties offering incredible potential for developers, investors, and homebuyers alike. Positioned within the R3 Medium Density zoning of the Penrith LGA, these properties boast future development possibilities on a combined 1326sqm block with over 36 meters of street frontage. Currently, both properties are leased, delivering a steady combined rental income of $1,220 per week. Whether you’re looking to secure one or both, these properties present a fantastic addition to any portfolio.

Features of 29 Manning include:
• 3 well-appointed bedrooms each feature built-in robes and ceiling fans, ensuring comfort is at the forefront, whilst the main bedroom benefits from the added luxury of a split system air conditioner.
• Modern kitchen complete with a breakfast bar and dishwasher for contemporary living.
• Living spaces are abundant with an L-shaped lounge & dining area complemented by a family room, complete with its own split system air conditioner - ideal for all-season enjoyment.
• The main bathroom presents beautifully, and the home benefits from an additional renovated second bathroom and an internal laundry for ultimate convenience.
• Outdoors, entertain or unwind under the massive pergola area.
• Single garage, ingeniously converted into a studio, alongside a double carport for ample vehicle storage.
• Currently leased for $620 per week to excellent tenants makes this an attractive investment opportunity.
• Generous 663 sqm block with a substantial 18-metre frontage, promising a wealth of redevelopment opportunities (STCA).

Features of 31 Manning include:
• 3 well-appointed bedrooms, the master comes complete with a built-in robe, ensuring ample storage and convenience.
• The heart of the home is the tastefully renovated eat-in style kitchen, adorned with sleek Caesarstone benchtops, electric cooking facilities, a rangehood, and a built-in microwave – a haven for the culinary enthusiast.
• The property's expansive living spaces include a large separate lounge for relaxation and a decked sunroom perfect for basking in the morning sun.
• Practicality is key with an internal laundry complemented by a second toilet and a renovated bathroom, tiled to the ceiling for ease of maintenance.
• Comfort is assured year-round with ducted air conditioning throughout, and the outdoor space is an entertainer's dream.
• A decked pergola with a built-in BBQ area invites al fresco dining, all whilst overlooking the stunning inground saltwater swimming pool.
• 4-car garage and double carport catering to a total of six vehicles.
• Currently leased for $600 per week to excellent tenants makes this a compelling investment.
• Generous 663 sqm parcel of land with an impressive 18-metre frontage.

Perfect for those with a creative vision, 29 and 31 Manning Street offer a unique blend of profitability, lifestyle, and convenience. With an ideal combination of location, generous land size, and existing rental income, these properties present an unmissable chance to secure both investment potential and lifestyle appeal.

Listed below is an approximate distance from the property to local amenities:
10 m to Bus Stop
300 m Kingswood Public School
500 m to Western Sydney University
1.1 km to Western Sydney TAFE
1.3 km to Nepean Hospital
1.4 km to Kingswood High School
1.4 km to Kingswood Train Station
1.5 km to Caddens Corner Shopping Centre
1.7 km to Montgrove College
4 km to Penrith Westfield Shopping Centre
15.5 km to Future Western Sydney International Airport
50.7 km to Sydney CBD

Disclaimer: We have, in preparing this information, used our best endeavours to ensure that the contents contained herein are true and accurate but accept no responsibility and disclaim all liability in respect of any errors, inaccuracies or misstatements contained herein. Prospective purchasers should make their own independent inquiries to verify the information provided.