Big Backyard Sale Unique Sale Event Date: Sunday 31st May Time: 10.00am Location: Granny Flat and Studio Showroom, 152 Russell Street, Emu Plains, NSW 2750 Registration: bigbackyardsale.prd.net.au
Why hold a Big Backyard Sale? Uncertainty We noticed at many of our recent sales that buyers, particularly investors, were getting very frustrated. They had the money but there was nothing to buy. Those of you who are familiar with what we do may recall the “Boom Sale” or the “Unit Clearance Sale” in recent times. The Boom Sale was designed to recognise a boom was coming (aren’t we geniuses?) while the Unit Clearance Sale identified the increased demand from investors for units within Penrith (which have gone up by 40% since our sale event). We believe our job as agents is to identify markets that are, or will, perform above average in any given economic cycle. That market today is properties that will accommodate granny flats. Investors today are looking for “the best cash flow possible in areas that have exceptional capital growth prospects driven by large scale infrastructure projects that will ultimately create well-paying long term employment” Sound like anywhere you can think of?
No choices If you scroll through any suburb of Penrith LGA on realestate.com.au or Domain - or just drive down any street or main road – you’ll struggle to find many properties for sale. Those that are will likely be sold the next day. We’ve never seen a market where the days on the market are in single figures and the prices are moving up, literally day to day! Buyers are frustrated. They simply have nothing to choose from – until now!
How do I secure one of the properties? There are two options available to you: 1. Bid in person Bid live on the day at our exciting venue! You can’t beat being able to look your competition in the eye and trying to psyche them out with a withering stare. Those on site will have the distinct advantage of gauging the interest from inside the room while getting a feel of the auction experience. 2. Bidding online The whole auction will be webcast by one of our corporate partners, Bidsonline. Buyers can legally register to bid prior to the auction and make all of their bids online from the comfort of their lounge or office. You can watch the whole experience live and in real time, so even if you can’t physically make our sale you can still buy. So what will it be, bid buy or watch? Visit bigbackyardsale.prd.net.au for more information.
Why buy at the Big Backyard Sale? Certainty We’ve done all of the hard work for you. Over the years dozens of buyers have assumed they could build a granny flat on any block over 450sqm, and in theory they were right. Unfortunately the theory and the reality can prove to be very different and often very costly. Every property offered at our sale has been physically inspected by our expert granny flat specialists. A feasibility study of where it could be sited and what it might cost has been undertaken, at our expense, to help you work out the numbers and be fully informed.
Choices We are offering 8 properties in various locations, price ranges and lot sizes. Most weekends you might get to see 8 properties (if you’re lucky) and then you have to go through a messy negotiation process with no guarantee of success; even if you are prepared to pay more than the other buyers. We can guarantee that if you have the highest offer above our reserve, we will be selling to you!
Why people are buying in Penrith Growth
Investment
• 46.9% population increase forecast, from 184,723 in 2011 to 271,000 in 2031
• $2.5billion investment in Sydney Science Park
• 29% increase in number of dwellings forecast from 65,444 in 2011 to 85,000 in 2031
• Over $1.5billion of investment across more than 20 projects are already proposed in the Penrith Health and Education Precinct
• Average income rose by 22% between 2006 and 2011
• $30million Werrington Park Corporate Centre • $850million Penrith Panthers Riverlink Precinct
Employment • Expansion of Penrith Health and Education Precinct to provide an additional 12,000 additional jobs by 2036 • 10,000 jobs to be created by Western Sydney Airport when construction begins in 2016. 35,000 jobs to be created at the airport by 2036 • WestConnex motorway is estimated to create a further 10,000 jobs for Western Sydney.
670m2
Big Home to Suit All Buyers!
4
2
2
AUCTION
Glenmore Park, 9 Lehmann Avenue
Date Venue
This four bedroom home is currently occupied by a secure tenant with a desire for a long term lease.
OPEN FOR INSPECTION View
• 670 sqm block of land with required access for a granny flat addition • Great proximity to local schools, parkland & M4 motorway on/off ramps • Current home leased for $470p/w. Proposed ‘Granny Flat’ potential rent of $360p/w. TOTAL GROSS RENTAL YIELD = $830p/w
Sunday 31st May, 2015 Granny Flat Showroom 152 Russell Street, Emu Plains Saturday 16th, 23rd & 30th May 1.00 - 1.30pm
PRDnationwide Penrith 1800 BUYING prd.net.au buying@prd.net.au
The proposed plan has been prepared by and remains the property of Ian Cubbit’s Classic Home Improvements PTY LTD and is subject to copyright Law. It has been created using the information available at the time of preparation and is subject to change. Rental indications are provided by PRDnationwide to be used as a guide only, based on either current rentals or our opinion as to market rental value.
PAGE 4
www.prd.net.au
/prdpenrith
379 High Street, Penrith
653m2
Owner moving interstate – great dual income potential
3
1
AUCTION
Cambridge Gardens, 15 Allsopp Drive
Date Venue
This property will be popular with a range of buyers due to the floorplan offering three bedrooms, a renovated bathroom and a huge detached garage in a suburban location.
OPEN FOR INSPECTION View
• 653sqm flat block with huge side access • Walk to schools and local shopping centre • Proposed rent of existing home $420p/w. Proposed ‘Granny Flat’ potential rent of $340p/w. TOTAL GROSS RENTAL YIELD = $760p/w
2
Sunday 31st May, 2015 Granny Flat Showroom 152 Russell Street, Emu Plains Saturday 16th, 23rd & 30th May 11.00 - 11.30am
PRDnationwide Penrith 1800 BUYING prd.net.au buying@prd.net.au
The proposed plan has been prepared by and remains the property of Ian Cubbit’s Classic Home Improvements PTY LTD and is subject to copyright Law. It has been created using the information available at the time of preparation and is subject to change. Rental indications are provided by PRDnationwide to be used as a guide only, based on either current rentals or our opinion as to market rental value.
www.prd.net.au
/prdpenrith
379 High Street, Penrith
PAGE 5
A WAY TO INVEST GRANNY FLATS – UNLOCK THE FULL POTENTIAL The advantages of a Granny Flat A Granny flat will pay itself off in 5-7 years
A Granny Flat provides a steady income once paid off
A Granny Flat will make money using dead yard space
A Granny Flat will increase
The potential of a Granny Flat An investment property is valuable, so why not use it and make as much money as you can from it??? Unlock the full potential of your investment by maximising the use of the yard space and bring in a second income. The state government has realised the shortfall in affordable housing in NSW and has passed legislation that will ensure you grow your investment portfolio. As the largest Granny Flats builder in NSW,we ensure that you as our client will have the best opportunity to take
advantage of an investment that pays itself off in 5-7 years, with a return on investment of 15%-19%. We work closely with you as banking associates to make this possible. Concept, Council Approval & Construction – we take care of the lot. Granny Flats are a proven way to use simple design in order to maximise the potential of your investment for a realistic outlay. This type of investment has been proven over many years and now you can reap the benefits of the humble Granny Flat scenario.
the value of your property immensely
A Granny flat will maximise your rental return
A Granny flat can be council approved in 20 days – subject to the site
A Granny flat is a long term investment
Call us on: 1300 721 150 Visit our Exhibition Centre: 152 Russell Street Emu Plains NSW 2750 - OPEN 7 DAYS!
www.grannyflatsandstudios.com.au
561m2
Meets all the criteria
3
1
2
AUCTION
St Clair, 204 Banks Drive
Date Venue
Now vacant and presented well enough for a strong yielding return, this three bedroom home is located in a sought after, prime investment zone. Walking access to shopping, schooling options and public transport at your doorstep.
OPEN FOR INSPECTION
• 561sqm block with oversized garage • Renovated kitchen with nice timber floors throughout • Proposed rent of existing home $420p/w. Proposed ‘Granny Flat’ potential rent of $340p/w. TOTAL GROSS RENTAL YIELD = $760p/w
View
Sunday 31st May, 2015 Granny Flat Showroom 152 Russell Street, Emu Plains Saturday 16th, 23rd & 30th May 10.30 - 11.00am
PRDnationwide Penrith 1800 BUYING prd.net.au buying@prd.net.au
The proposed plan has been prepared by and remains the property of Ian Cubbit’s Classic Home Improvements PTY LTD and is subject to copyright Law. It has been created using the information available at the time of preparation and is subject to change. Rental indications are provided by PRDnationwide to be used as a guide only, based on either current rentals or our opinion as to market rental value.
www.prd.net.au
/prdpenrith
379 High Street, Penrith
PAGE 7
569m2
Sought after suburb – ready made tenant
3
1
2
AUCTION
Emu Plains, 3 Walton Place
Date Venue
Cul-de-sac location with great surrounding homes makes this property a prime opportunity. Quality tenant has secure 12 month lease.
OPEN FOR INSPECTION View
• Three bedrooms, parking and swimming pool on a 569sqm block • Easy access to M4 motorway on/off ramp, Lennox Shopping Centre and schooling • Current home leased for $420p/w. Proposed ‘Granny Flat’ potential rent of $350p/w. TOTAL GROSS RENTAL YIELD = $770p/w
Sunday 31st May, 2015 Granny Flat Showroom 152 Russell Street, Emu Plains Saturday 16th, 23rd & 30th May 1.30 - 2.00pm
PRDnationwide Penrith 1800 BUYING prd.net.au buying@prd.net.au
The proposed plan has been prepared by and remains the property of Ian Cubbit’s Classic Home Improvements PTY LTD and is subject to copyright Law. It has been created using the information available at the time of preparation and is subject to change. Rental indications are provided by PRDnationwide to be used as a guide only, based on either current rentals or our opinion as to market rental value.
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www.prd.net.au
/prdpenrith
379 High Street, Penrith
627m2
Surrounded by major amenities!
3
1
1
AUCTION
Kingswood, 19 Piper Close
Date Venue
This neat home, currently vacant, is a great, long term prospect due to investment into major amenities and infrastructure projects like the Nepean Hospital and UWS University precinct plus great access onto the M4 motorway.
OPEN FOR INSPECTION
• 627sqm block with suitable side access granny flat additions • Proposed rent of existing home $370p/w. Proposed ‘Granny Flat’ potential rent of $350p/w. TOTAL GROSS RENTAL YIELD = $720p/w
View
Sunday 31st May, 2015 Granny Flat Showroom 152 Russell Street, Emu Plains Saturday 16th, 23rd & 30th May 11.30 - 12.00pm
PRDnationwide Penrith 1800 BUYING prd.net.au buying@prd.net.au
The proposed plan has been prepared by and remains the property of Ian Cubbit’s Classic Home Improvements PTY LTD and is subject to copyright Law. It has been created using the information available at the time of preparation and is subject to change. Rental indications are provided by PRDnationwide to be used as a guide only, based on either current rentals or our opinion as to market rental value.
www.prd.net.au
/prdpenrith
379 High Street, Penrith
PAGE 9
Lamrocks SOLICITORS
02 4731 5688
Accredited Specialists Property Law Wills & Estates
Buying a property is one of the most important decisions that you will make in your lifetime. When you are investing so much money, you need an expert to advise you. You need to speak to someone that you can trust. You need to speak to our Property Law team, headed by a Law Society Accredited Specialist in Property Law. At Lamrocks our fees are fixed, and most importantly, they are “all inclusive.� After over 100 years in the Penrith region, we understand the needs of the local community and are committed to offering the best possible service and advice. Contact our Property Law Team | P: 02 4731 5688 | 61-79 Henry Street, Penrith | www.lamrocks.com.au
917m2
Massive land with massive potential
2
1
AUCTION
Penrith, 2 Karuah Road
Date Venue
On a block this big not only will a granny flat fit but the option of a second detached home development will also yield a great return (S.T.C.A). Current home is 3 bedrooms.
OPEN FOR INSPECTION View
• 917sqm land with side access and a 15.85sqm frontage • Currently tenanted • Current home leased for $300p/w. Proposed ‘Granny Flat’ potential rent of $330p/w. TOTAL GROSS RENTAL YIELD = $630p/w
Sunday 31st May, 2015 Granny Flat Showroom 152 Russell Street, Emu Plains Saturday 16th, 23rd & 30th May 12.30 - 1.00pm
PRDnationwide Penrith 1800 BUYING prd.net.au buying@prd.net.au
The proposed plan has been prepared by and remains the property of Ian Cubbit’s Classic Home Improvements PTY LTD and is subject to copyright Law. It has been created using the information available at the time of preparation and is subject to change. Rental indications are provided by PRDnationwide to be used as a guide only, based on either current rentals or our opinion as to market rental value.
www.prd.net.au
/prdpenrith
379 High Street, Penrith
PAGE 11
670m2
Concept plan for Duplex or go the Granny Flat
3
1
1
AUCTION
Penrith, 18 Willawa Avenue
Date Venue
Northern Penrith Fringe CBD location with multiple options and potential. Architectural drawing to suit required zone DCP from council on offer (S.T.C.A.)
OPEN FOR INSPECTION View
• 670sqm block with massive 32m frontage currently leased with long term tenants • Current home leased for $350p/w. Proposed ‘Granny Flat’ potential rent of $330p/w. TOTAL GROSS RENTAL YIELD = $680p/w
Sunday 31st May, 2015 Granny Flat Showroom 152 Russell Street, Emu Plains Saturday 16th, 23rd & 30th May 12.00 - 12.30pm
PRDnationwide Penrith 1800 BUYING prd.net.au buying@prd.net.au
The proposed plan has been prepared by and remains the property of Ian Cubbit’s Classic Home Improvements PTY LTD and is subject to copyright Law. It has been created using the information available at the time of preparation and is subject to change. Rental indications are provided by PRDnationwide to be used as a guide only, based on either current rentals or our opinion as to market rental value.
www.prd.net.au
/prdpenrith
379 High Street, Penrith
PAGE 13
Independent pest reports available from Penrith Valley Pest Control. For your convenience, Penrith Valley Pest Control has already carried out pest inspections on each of the properties included in this brochure. All inspections have all been undertaken independently by arrangement of PRDnationwide and not on behalf of the owner. The inspection reports are available to purchase on the following price scale: Report for any single property
$150 – Saving of $70
Reports for any three properties
$300 – Saving of $330
Reports for all eight properties
$600 – Saving of $1160
Orders and payment can be made directly with Sharon Richards at PRDnationwide Penrith by calling 02 4761 6204 or by emailing sharon@prd.net.au
You see the child, we see the potential We are in the business of getting to know people and building choices into their lives. Synergy Accounting
p: 02 4732 6555 e: admin@synacc.com.au w: www.synacc.com.au
Ph: 02 4731 4915
www.penrithvalleypestcontrol.com.au
Business advisers | Accountants | Financial Planners
682m2
Vacant Land – Possible Duplex Site
AUCTION
Penrith, Lot 5/59 Glebe Place Located in the North Penrith CBD with other medium density developments all throughout this suburb is a great opportunity for builders, developers and investors. Opportunity to build improvements that will demand high yielding rent or highly sought after dwellings to sell once developed (S.T.C.A.)
Date
Sunday 31st May, 2015
Venue
Granny Flat Showroom 152 Russell Street, Emu Plains
OPEN FOR INSPECTION View
Contact office for more details
PRDnationwide Penrith
• To be sold as raw vacant land Zoned R2 (low density residential) • 682sqm with dual frontage to King Street (33m) and Glebe Place (22m)
www.prd.net.au
LAND
1800 BUYING prd.net.au buying@prd.net.au
/prdpenrith
379 High Street, Penrith
PAGE 15
Taking part in the Big Backyard Sale Attending the Properties
Attending the Sale
Inspections will be taking place at each property on Saturday 16th, 23rd and 30th May at the following times: 10.30-11.00am: 204 Banks Drive, St Clair
This unique sale event is to be held on Sunday 31st May at The Granny Flat Showroom, 152 Russell Street, Emu Plains NSW 2750.
11.00-11.30am:
15 Allsopp Drive, Cambridge Gardens
11.30-12.00pm:
19 Piper Close, Kingswood
12.00-12.30pm:
18 Willawa Avenue, Penrith
12.30-1.00pm:
2 Karuah Road, Penrith
1.00-1.30pm:
9 Lehmann Avenue, Glenmore Park
1.30-2.00pm:
3 Walton Place, Emu Plains
Contact us 1800 BUYING | buying@prd.net.au bigbackyardsale.prd.net.au “The government’s planned infrastructure projects in Penrith totalling approximately $7.1 billion is seen as very attractive to those looking to invest.” - Harrison Hall, PRDnationwide Research Analyst
Bidding registration will begin at 10am with auctions to commence from 10.30, undertaken by Andrew Cooley from Cooley Auctions. Thanks to our technology partner, Bidsonline, we will be streaming a live broadcast of the entire event. Buyers who are not able to attend in person can legally register online and confidentially bid via this service. You can register to attend online or in person at bigbackyardsale.prd.net.au For further information – whether you’d like to bid, buy or watch – please contact us by calling our free hotline, 1800 BUYING, or email buying@prd.net.au.