Issuu

FOR THE HOME OWNER, THE HOME SELLER AND THE HOME BUYER ISSUE 354

the western the western weekender weekender

Western Property

RIVERSIDE DELIGHT FORMER POLICE COTTAGE’S EXCITING NEW LIFE SEE PAGE 3

OPEN HOMES & RENTALS GUIDE

BROKING BREAKDOWN

SEE PAGE 7

SEE PAGE 13

SEE PAGE 15 WW44772

OUR BUY OF THE WEEK!

PUT OUR WINNING TEAM TO WORK Phil Haley 0412 355 020

Litsa Meleti 0466 969 164

Gizzelle Powell 0428 934 618

Paul Tanner 0410 587 553

Peter Parker 0408 432 998

Victor Borg 0439 755 081

Kassandra Richards 0405 329 851

Alana Neville 0497 848 414

NOBODY IN THE WORLD SELLS MORE REAL ESTATE THAN RE/MAX.®

BINET HOMES A L C O R N M E W S E S TAT E

Hawkesbury’s most prestigious address.

NOW SELLING

30 Wells Street Pitt Town

2 Mahony Street Pitt Town

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Display Home : 24 Wells Street Pitt Town Inspect : Wednesdays 10am - 12pm | Saturdays & Sundays 11am – 4pm M A S T E R B U ILT L U X U RY H O M E S S I N C E 1 9 6 5

9868 3222 | binethomes.com.au 2

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NEWS FEATURE

COTTAGE’S OVERHAUL NEW CAFE AND RESTAURANT COMING Penrith City Council is seeking innovative food and beverage operators for a new café and restaurant at the soon to be refurbished historic Police Cottage on the Nepean River. Thanks to an innovative idea by Penrith City Council, the former Emu Plains Police Cottage is being brought back to life through an adaptive reuse of the property into a unique dining experience that blends heritage, nature and modern conveniences across 240sqm of retail space, with outdoor seating and magnificent views of the Nepean River. Penrith Mayor Karen McKeown said the transformation of the Police Cottage is part of Council’s vision to revitalise Penrith and improve our connection to the Nepean River with increased amenity and vibrant spaces for people to eat, meet and relax. “The revitalised Police Cottage will be the crucial link in the growing dining circuit along the Nepean River, playing an important role in enhancing our greatest natural asset and improving the gateway to the new Regatta Park precinct,” Cr McKeown said.

Western Property ISSUE NUMBER 354

Produced by The Western Weekender

movements on weekdays and 1,700 on weekends,” Mr Ayres added. Constructed in 1908, the Police Cottage was the purpose- built police station and residence for Emu Plains. The building will be sensitively refurbished with the restoration of the façade, replacement works to the verandas and roof, services upgrades, internal enhancements and the upgrade of the outdoor privy. An extension of the deck is also proposed to create a 106sqm outdoor dining area, shaded by a row of mature Jacaranda trees with views of the iconic Yandhai Nepean Crossing and the Nepean River. Interested food and beverage operators can submit a Request for Tender until July 5 via this link: https://bit.ly/3c8YWG3. The Development Application for the refurbishment of the Police Cottage has been submitted, and construction is set to commence in late 2021. To find out more about the Police Cottage and its redevelopment visit the website penrith.city/ policecottage.

“The refurbishment of the 113- year- old Police Cottage will not only attract more visitors to the area, but also celebrate and conserve our history for generations to come. “We are looking for an experienced food and beverage operator that shares our vision for showcasing local and sustainable produce and materials, to provide a premium casual dining experience and quick service takeaway, helping visitors make the most of

their time at the river.” State Member for Penrith Stuart Ayres said the refurbishment of the Police Cottage on Crown land is supported by a $1.5 million injection by the NSW Government and a further $1 million contribution by Penrith City Council. “The Police Cottage will be a highly sought- after venue due to its prime riverfront location on the Great River Walk adjacent to the Yandhai Nepean Crossing which attracts up to 1,300 pedestrian

EDITORIAL CONTACT Troy Dodds • 4722 2998 troy.dodds@westernweekender.com.au

SALES DIRECTOR ARTWORK Chris Pennisi • 0421 121 985 Jennifer Zuleni • 4722 2998 chris.pennisi@westernweekender.com.au artwork@westernweekender.com.au

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Western Property Magazine

Outer Western Sydney OPEN HOME

37 Cotterill Street, Plumpton

997m2 Land + Dual Street Access + Subdivision Potential

On offer is a 3 BR brick/tile home & a 2 BR granny ﬂat Just Listed offering dual street access which may allow for subdivision subject to approval. House features: • Access INSPECT Saturday 12th June at 10:00am - 10:30am from Cotterill St, Plumpton • 3 BRs with BIs • Bathroom ADDRESS 37 Cotterill Street, Plumpton with separate toilet • Air cond • Rear pergola • Double detached garage • Currently leased to long-term tenant CONTACT Professionals St Marys 9673 4422 Geoff Gray 0418 299 315 paying $400pw. Granny Flat: • Access from Pringle Rd, Plumpton • Totally separate from the house • Total size approx 60m2 • 2 BRs • Air cond • Combined bathroom/laundry • Off street parking • Currently leased at $280pw

OPEN HOME

114 Wilkes Crescent, Tregear

5 Beds plus 4 Bathrooms This is your opportunity to renovate this large family home and reap the rewards. The house itself has ﬁve bedrooms and three bathrooms whilst the double detached brick garage has its own bathroom and laundry. You will be disappointed if you miss out on this oversized property for your family or as a great investment.

FOR SALE

Pendle Hill

2 Spacious 2 BR Apartment - Convenient Location 2 Looking for a great size apartment in a convenient $419,950 - $439,950

location? Then don’t miss the opportunity to consider INSPECT By Appointment this spacious open plan 2 BR unit with BIRs to each ADDRESS Pendle Hill BR, a great kitchen with good bench & cupboard space, bright bathroom, big dining area, good size CONTACT Professionals St Marys 9673 4422 lounge room, comfortable balcony overlooking a quiet Wayne Teudt 0412 462 672 play area and a LU garage. ALSO, a good long term tenant available if needed. A real nice tidy home and ideal opportunity, so don’t miss out.

Just Listed INSPECT Saturday 12th June at 11:00am - 11:30am ADDRESS 114 Wilkes Crescent, Tregear CONTACT Professionals St Marys 9673 4422 Geoff Gray 0418 299 315

OPEN HOME

158 Explorers Way, St Clair

Strolling Into St Clair • Brick veneer home located on the high side of the street with 3 generous sized bedrooms • L-shaped lounge & dining area with split system air con • Kitchen with gas cooking • Internal laundry • Single lock-up garage • Under cover entertaining area • Close to school, shops, parks, M4 on ramp and new industrial area at Erskine Park • Tenants paying $380 per week and would love to stay on

$609,000 - $659,000 INSPECT Saturday 12th June at 11:00am - 11:30am ADDRESS 158 Explorers Way, St Clair CONTACT Professionals St Marys 9673 4422 Rob Masters 0414 281 291

professionalsouterwesternsydney.com.au WW41442

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Outer Western Sydney OPEN HOME

1 Cumbrae Close, Erskine Park

You Won’t Be Disappointed

Situated on 792sqm corner block. Features: • 4 large BRs $949,950 - $999,999 with BIRs, main features ensuite • Great living areas such as lounge, informal & formal dining • Spacious modern INSPECT Saturday 12th June at 12.00pm - 12:30pm kitchen • 3-way upgraded bathroom • Great-sized ADDRESS 1 Cumbrae Close, Erskine Park backyard with alfresco entertaining area, 2 separate CONTACT Professionals Erskine Park 9834 3555 grassed areas, garden shed & side access • Double garage Angelo Mavris 0425 361 696 under main roof as well as side access for a truck, boat or caravan • Zoned R2, has the potential for a second dwelling strata titled sub-division or granny ﬂat (STCA).

OPEN HOME

53 Central Park Dr, Claremont Meadows

Brand New Construction

54 Feather Street, St Clair

Massive 6 Bed Home + In-Ground Pool

Architecturally designed brand new 2 storey $889,950 family home. Situated in a location of convenience INSPECT Saturday 12th June at 1:30pm - 2:00pm sits with its stunning interior throughout with ADDRESS 53 Central Park Drive, Claremont Meadows uninterrupted views and a stone’s throw off M4, CONTACT Professionals Erskine Park 9834 3555 Western Sydney Uni, Nepean Hospital, public Angelo Mavris 0425 361 696 transport, shops as well as Western Sydney Aerotropolis • Light ﬁlled and spacious open plan combined sunken lounge • 4 good sized bedrooms all with built-ins • 3 ultra modern bathrooms

Massive well maintained family home. Convenient Contact Agent location, sitting on a great size block of 626sqm approx. 4 Saturday 12th June at 12:45pm - 1:15pm BRs with BIRs; massive kitchen tiled throughout with gas INSPECT cooking; neat 3-way bathroom tiled to the ceiling; ADDRESS 54 Feather Street, St Clair massive additional rumpus room leading out to pergola CONTACT Professionals Erskine Park 9834 3555 with a IG pool; single car garage under the main roof as Angelo Mavris 0425 361 696 well as additional garage that has been converted to a BR as well 2 carport in front. Investors make note would easily rent for $650 per week in the current market. Put this on the must see list today

OPEN HOME

18 Strauss Road, St Clair

Nothing To Spend!! Split level home on 561sqm • Living/dining • Large open kitchen, stainless steel appliances & walk-in pantry • Spacious renovated bathroom with large vanity & 2 basins • Large rumpus room which could be used as a 2nd living area, 4th bedroom or home office • Access to outdoor deck • Large master bedroom with WIR & ensuite • Air cond • Returning $540pw

Contact Agent INSPECT ADDRESS CONTACT

Saturday 12th June at 11:00am - 11:45am 18 Strauss Road, St Clair Professionals Erskine Park 9834 3555 Angelo Mavris 0425 361 696

professionalsouterwesternsydney.com.au WW41443

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Western Property Magazine

Penrith Greater Region and Blue Mountains OPEN HOME

Family-Friendly Neighbourhood • Fantastic 3 bedroom family home • Two spacious living areas • Stunning renovated bathroom • Large modern kitchen • Currently leased ret. $450 per week • Fully fenced 681m2 allotment

FOR SALE

Simply Stunning – Perfect Location!! • Beautifully renovated 3 bedroom family home • Stunning modern ﬁxtures & ﬁnishes • Gorgeous kitchen with Caesarstone benches • Amazing stylish bathroom with loads of appeal • Established lawn & gardens set on this fully fenced 560m2 block

12 Coronation Grove, Cambridge Gardens

$759,950 INSPECT Saturday 12th June at 10:45am - 11:15am ADDRESS 12 Coronation Grove, Cambridge Gardens CONTACT Professionals Penrith 4725 3100

137 York Road, Jamisontown

$769,950 INSPECT By Appointment ADDRESS 137 York Road, Jamisontown CONTACT Professionals Penrith 4725 3100

penrithprofessionals.com.au 02 4725 3100 253 High Street, Penrith WW43609

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7 Monaro Place, Emu Plains

BUY OF THE WEEK

$680,000 – $720,000

AMAZING VIEWS!

What makes this property stand out? It’s nestled at the bottom of the Blue Mountains with breathtaking views from any part of your home. Features renovated bath-

room, updated spacious kitchen and open plan living areas with combustion fireplace for the chilly winter days. Who should buy this property?

Open for Inspection: 11.00am – 11:30am, Saturday, June 12 Contact: Laing+Simmons St Marys Vikram Singh & Melissa Taylor • 0418 725 928

This property suits a large range of buyers not only because of the floor plan and location but also the price range is affordable. First home buyers, investors, or downsizers.

What’s the suburb like? Emu Plains is the suburb no one wants to leave! So close to the Blue Mountains, walking tracks and work commute options plus it’s a family friendly suburb.

Boxes from

$ .50

• REMOVALS • SELF STORAGE • TRUCK HIRE • BOX SHOP

RECEIVE 1 MONTH FREE ON ANY SIZE UNIT! 142 Old Bathurst Rd, Emu Plains PH 4735 7000 www.hitchens.com.au www.facebook.com/westernpropertymag

Western Property Magazine

WW41213

Book for 6 months & only pay for 5 months. *Conditions apply

NOBODY IN THE WORLD SELLS MORE REAL ESTATE THAN RE/MAX.®

Central Coast

Duplex or Dual Key

Dual Key

DUPLEX OR DUAL KEY TURNKEY

EXCELLENT INVESTMENT: DUAL LIVING!

• Investors

• Separate entries • Soundproof firewall • Only pay one set of council rates • Turn key home • Two rental income returns, or live in one and rent out the other

2 rental incomes, capital growth

• All included in price: landscaping, driveways, separate gas, water & electricity meters, aircon, & more • Potential combined rent $750+p/w

LITSA MELETI Want to know more? Call me on 0466 969 164 Your Investment Specialist

Approximate Rental return: $600-$660pw

Sale : $488,900 Inspection: By Appointment GIZZELLE POWELL M: 0428 934 618 E: gizzellepowell@remax.com.au

Very Happy Vendor Easy, pleasant, no issues Litsa has true business sense. During COVID Litsa excelled in all areas. We spoke every day until we reached a result. I would thoroughly recommend Litsa to sell anyone’s home. A true professional. Thank you Litsa – Paul Verified by RateMyAgent

Thinking of Selling or Investing? Please give me a call or SMS Litsa on 0466 969 164

ACREAGE + BIG SHED + APPROVED DOG KENNELS

OPEN HOME SATURDAY, 12th JUNE 9:30 – 10:00am

• Three (3) generous sized bedrooms • Modern kitchen with dishwasher • Approved massive shed can accommodate big trucks with kitchen & bathroom • Eco-cycle septic system • Pit in the shed with metal cover, power, lights and submersible pump installed • Three (3) phase power • 20 solar panels with 5kW solar system • Water tanks • Approved dog kennels • Huge backyard perfect for entertaining family and friends • Fully fenced • Situated on a 7664 square metre block

Au Sa ctio tu n rd ay

A ucctio Au t ion n Sa at, t , 12th 1 2 t h June, J une, 10a 10am m:: 20 2 0 - 24 F Fro ro g gmo m o re R d, Orch Orc ha ard rd H iill l s

Call or SMS Gizzelle Powell on 0428 934 618 or Phil Haley on 0412 355 020 for more information

6+ WW43849

Put Our Winning Team to Work 8

Phil Haley 0412 355 020

Western Property Magazine

Litsa Meleti 0466 04 969 164

Gizzelle Powell 0428 934 618

Paul Tanner 0410 587 553

Victor Borg 0439 755 081

Kassandra Richards 0405 329 851

Alana Neville 0497 848 414

Peter Parker 0408 432 998

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HOT OFF THE PRESS FROM GIZZELLE POWELL 81 Doonmore Street PENRITH

Id ye firs ea rs t h l fo or om r in e ve st or s

Lo Lo ca Lo ca tion ca tio , tio n, n

1/25 First Street KINGSWOOD

INSP: SAT 4:30 - 5:00PM

CALL GIZZELLE

1.5

8 Guillemot Street CRANEBROOK

CALL GIZZELLE

1 2

8 Windermere Avenue CAMBRIDGE PARK Co So min on g

f or irst Per as ho fec tu m t te e for in bu ve ye st rs or s

5 Beren Place CRANEBROOK

1 2

CALL GIZZELLE

WW43850

LAND SIZE: 828 828m m2 CALL GIZZELLE

So ph W at Ho ist er m ica sid e te e at d Es ta te

he tow ar nh 3t o o BR f use Ki in ng sw the oo d

4/4 Derby Street KINGSWOOD

INSP: SAT 11:00 - 11:30AM

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Western Property Magazine

INVESTMENT OPPORTUNITIES: BY LITSA MELETI 19/29-31 Collins St, St Marys 5

2.5

LITSA MELETI & ALANA NEVILLE M: 0466 969 164 / 0497 848 414 E: litsameleti@remax.com.au

FOR F OR T TH H E IIN N VESTO V ESTOR RS S – BLUE B LUE HAVEN H AV EN

D L

O S

2 2 PLUS 2 1

Currently rented Potential Rental Yield: 5.2% Newly built LITSA MELETI & PETER PARKER M: 0466 969 164 / 0408 432 998 E: litsameleti@remax.com.au

ACR AC RE EAGE AGE FOR SALE S A LE – 2 2 HEC H ECTA TARES R ES Features: - Main house: 5 bedrooms 2 bathrooms carports and garages - Irrigation licence: water pumping rights from Nepean River - Ducted reverse air conditioning - Solar panels - Wood stoves - Solar heated indoor pool - Covered walkway to indoor pool - Self-contained double storey cottage - Timber cabin with separate bathroom - 200 - 320m2 approx sheds - Bore - 298 metre frontage - 2 driveways

Litsa Meleti 0466 969 164 litsameleti@remax.com.au 10

Western Property Magazine

If you are considering selling your property, please contact Litsa Meleti today for a confidential discussion and market appraisal.

WW43851

Contact Litsa Meleti Today, these houses won’t last long on the market!

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NOBODY IN THE WORLD SELLS MORE REAL ESTATE THAN RE/MAX.®

Looking to Invest in Rental Property? Call Alana Neville on 0497 848 414 Pinnacle Stage 1 shown

IMMEDIATE VALUE WITH FUTURE GROWTH Central Coast Hunter SEA CHANGE OR INVESTMENT? Talk to us Many more locations CALL ALANA NEVILLE NOW ON 0497 848 414

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ESTATE OPEN Saturday and Sunday 12:00 - 2:00pm

Entry Silkwood Avenue, CLAREMONT MEADOWS Enter via White Cedar Ave & Redgum St due to roadworks What’s your Property worth? www.facebook.com/westernpropertymag

Book your FREE Appraisal now with one of our Winning Team on 4732 6007 Western Property Magazine

WW43852

CALL ALANA NEVILLE NOW ON 0497 848 414 11

GLENMORE PARK REALTY

CALL OUR OFFICE TO GET A FREE NO OBLIGATION MARKET APPRAISAL

4733 1222 #1 RECOMMENDED AGENCY IN GLENMORE PARK

WW44822

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OPEN HOMES & RENTAL PROPERTY GUIDE OPEN HOMES ADDRESS

SUBURB

TIME

AGENT

OPEN HOMES

ADDRESS Saturday 12th June

Cambridge Gardens 10:45-11:15am Penrith Professionals Real Estate

CLAREMONT MEADOWS 53 Central Park Dr

Claremont Meadows 1:30-2pm

Minchinbury

12-12:30

Remax Lifestyle Marketing

Orchard Hills

9:30-10am

Remax Lifestyle Marketing

Penrith

11-11:30am

Remax Lifestyle Marketing

Plumtpon

10-10:30am

Professionals St Marys

54 Feather St

St Clair

12:45-1:15pm

Professionals Erskine Park

158 Explorers Way

St Clair

11-11:30am

Professionals St Marys

114 Wilkes Cres

Tregear

11-11:30am

Professionals St Marys

SUBURB

DESCRIPTION

RENT

AGENT

Kingswood

2 br Unit

$330pw

0424 823 911 REMAX Lifestyle Marketing

Kingswood

2 br Unit

$230pw

4725 3100 Penrith Professionals Real Estate

2 br home

$350pw

9673 4422 St Marys Professionals

MINCHINBURY ORCHARD HILLS 20 Frogmore Rd

Professionals Erskine Park

81 Doonmore St

PLUMPTON

53 and 53A Russell St Emu plains

3:30-4pm

Remax Lifestyle Marketing

12-12:30pm

Professionals Erskine Park

ERSKINE PARK Erskine Park

KINGSWOOD 1/25 First St

AGENT

PENRITH

EMU PLAINS

1 Cumbrae Cl

TIME

50 Minchin Dr

CAMBRIDGE GARDENS 12 Coronation Gr

SUBURB

37 Cotterill St

ST CLAIR

TREGEAR Kingswood

4:30-5pm

Remax Lifestyle Marketing

PROPERTIES FOR RENT SUBURB

DESCRIPTION

RENT

AGENT

2 br home

$400pw

9673 4422 St Marys Professionals

AUSTRAL Austral

KINGSWOOD

CAMBRIDGE PARK Cambridge Park

2 br g-ﬂat

$350pw

4725 3100 Penrith Professionals Real Estate

4 br

$900pw

4725 3100 Penrith Professionals Real Estate

3 br house

$420pw

4725 3100 Penrith Professionals Real Estate

CASTLEREAGH Castlereagh

CRANEBROOK Cranebrook

ERSKINE PARK Erskine Park

4 br home

$440pw

9673 4422 St Marys Professionals

Erskine Park

4 br home

$530pw

9673 4422 St Marys Professionals

GLENMORE PARK Glenmore Park

2 br g-ﬂat

$350pw

4725 3100 Penrith Professionals Real Estate

HARRIS PARK Harris Park

PENRITH Penrith

3 br townhouse

$550pw

4725 3100 Penrith Professionals Real Estate

Penrith

2 br townhouse

$500pw

4725 3100 Penrith Professionals Real Estate

Penrith

1 br unit

$380pw

4725 3100 Penrith Professionals Real Estate

ST MARYS St Marys

2 br unit

$270pw

9673 4422 St Marys Professionals

St Marys

3 br home

$470pw

9673 4422 St Marys Professionals

St Marys

3 br home

$470pw

9673 4422 St Marys Professionals

St Marys

3 br House

$520pw

0424 823 911 REMAX Lifestyle Marketing

St Marys

3 br townhouse

$310pw

4725 3100 Penrith Professionals Real Estate

3 br townhouse

$420pw

4725 3100 Penrith Professionals Real Estate

3 br House

$470pw

0424 823 911 REMAX Lifestyle Marketing

2 br grannyﬂat

$250pw

$400pw

0424 823 911 REMAX Lifestyle Marketing

4 br home

$500pw

9673 4422 St Marys Professionals

WERRINGTON

4725 3100 Penrith Professionals Real Estate

WERRINGTON COUNTY

HEBERSHAM Hebersham

Lethbridge Park

2 br Unit

HASSAL GROVE Hassall Grove

LETHBRIDGE PARK

1 br g-ﬂat

$230pw

Werrington

JAMISONTOWN

Werrington County

Jamisontown

2 br unit

$295pw

9673 4422 St Marys Professionals

WILLMOT

Jamisontown

3 br House

$600pw

0424 823 911 REMAX Lifestyle Marketing

Willmot

www.facebook.com/westernpropertymag

9673 4422 St Marys Professionals Western Property Magazine

WW45053

FINANCE 14

ACCOUNTING

Western Property Magazine

WEALTH

TAX

AUDIT

LEGAL

INSURANCE

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BROKING BREAKDOWN

LENDER WARNING WHAT SOME BANKS DON’T LIKE

MARK STEVENSON BELLPARTNERS.COM

The COVID-19 pandemic has had a massive impact on the financial world, with one of the by-products being the growth of short-term or payday lenders, particularly over the past 12 months. The need for alternative sources of finance in these troubling times, especially for those who have lost work, has resulted in the emergence of many new players in the short- term lending space, much the same way buy now, pay later operators have moved into the credit sector. But what Bell Partners has seen is using a payday lender can have an adverse impact on your credit score and make it more difficult for you to secure a loan with a bank for a mortgage.

There is a mix of responses from lenders on how they treat the payday mob, and some banks will not accept an application where a client has had a short- term loan any time within the previous 90 days. This is a complex issue for regulators as different lenders are adopting different policies. Unsecured lenders are essentially saying ‘no’ while some asset finance lenders are okay with the likes of Afterpay but not with other buy now, pay later operators. Other lenders are treating the likes of Cash Converters as a personal loan as opposed to a payday lender. The Australian Securities and Investment Commission (ASIC), has been seeking data greater

collection powers across nonbank lenders, which could allow it to bulk up its regulation of the sector. Mark’s shout... ASIC collects data across insurance and superannuation but does not have data collection rights across managed investment schemes, funds management and non-bank lenders. According to ASIC Commissioner Karen Chester, having a greater data capability would allow the regulator to proactively and precisely pursue matters adversely impacting on consumers. ASIC has alerted Federal Treasurer Josh Frydenberg about the areas where it lacks data collection powers.

Helping you make better choices in the Blue Mountains, Penrith and Glenmore Park

Home loans | Financial planning | Risk and General insurance | Car loans | Business lending

talk to us today 4739 9749 Blaxland 4721 1733 Penrith 4737 2417 Glenmore Park MortgageChoice.com.au/rob.lees Mortgage Choice Limited ACN 009 161 979. Australian Credit Licence 382869. Mortgage Choice Financial Planning Pty Limited ACN 158 645 624. AFSL 422854. WW41205

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Western Property Magazine

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Western Property Magazine

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With over over 40 40 years years experience experience selling selling homes homes With in the the local local area, area, Agent4U Agent4U Realty is in Group is

Your Best RightMove Move Your

A RARE OFFERING!

• Block of apartments to be sold in one line – Zoned R4! • 8 x 2 bedroom apartments!

• Great investment opportunity in Penrith CBD! • Currently all units are tenanted!

Auction Saturday 19th June 2021, 2:00 – 2:30pm On Site

25 CASTLEREAGH STREET, PENRITH Shop7/444 High St, Penrith www.agent4urealty.com.au

Joseph Vella 0403 183 638

Rod McIvor 0433 189 715

WW45138

Living Timber Co

Living Timber has a new showroom launch! It will be held here at living timber and Penrith Home Interiors on the 3rd and 4th of July! Tell your friends and family.

200

gift v o up fo ucher r gra bs both days !

WW45173

Western Property Magazine

SPECIAL ADVERTISEMENT SERIES

INVESTMENT PROPERTIES

RENTING OUT MY INVESTMENT PROPERTIES Now that you have invested in property, renting it out is key to securing the financial outcomes you had planned for and when it comes to renting out your investment property there are many factors to consider.

The easy way to answer all these questions is to find the right agent to manage your property for you.

Some of the things you need to consider include;

If you don’t have a preferred agent then look to see which agents are promoting themselves. Agents that promote themselves in your local paper, on Facebook and have signboards in the front of rental properties are doing more than just using the large real estate online portals, which means they can attract more potential suitable tenants for your property

What rent can I charge for the property? How quickly can I find the best tenant? How can I make sure I am getting And there are many more questions to think about. the best tenant?

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SPECIAL ADVERTISEMENT SERIES

INVESTMENT PROPERTIES When it comes to renting out your investment property you want to ensure that you rent your property out as quickly as possible and also for the most rent possible. The best way to achieve this is to make sure your property is presented to the highest standard. You must ensure that the property has had a thorough deep clean which includes things like cleaning from top to bottom your windows, ovens, ensuring that your carpets are steam cleaned and don’t just have a standard clean performed, it needs to be thorough. This will help present the property well but also ensures that on your ingoing inspection report there should be no concerns when the tenants are handing you back the

property. This also helps with creating a happier transition in for your new tenants.

Another key factor for renting out your investment property that you need to think about is ensuring your property is advertised to it’s full potential including being featured in your agent’s local print ads, as well as across their website, on flyers or handouts as well as looking at an upgraded online listing with the major online portals. You always want to attract the best potential tenants on the market and to do it as fast as possible. It’s important to also remember that advertising to secure your tenant can be a tax deduction so don’t limit your options on your choice of tenant trying to save a few advertising dollars. Speak with your agent on the best way to achieve the best results.

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RENTING OUT MY INVESTMENT PROPERTIES

Penrith’s leading property managers (02) 4731 2899 www.stantonandtaylor.com.au

Current industry average for leasing property in Penrith: 23 days Stanton & Taylor Real Estate average for leasing property in Penrith: 11 days (Source: Domain.com.au)

Full time leasing consultant | Cutting edge technology and systems | Online inspection booking system | Digital property applications | Extensive tenant database | Superior property marketing | Professional photography | Experienced long-term property managers Call Stanton & Taylor Real Estate on (02) 4731 2899 to find out what our Property Management team can do for you. www.stantonandtaylor.com.au

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Gary Rosse o 0414 321 000

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Penrith 4732 1000

1/282 High Street , Penrith www.rh.com.au/penrith WW44921

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Ensuring your investment strategy is legally compliant. For the right advice on Self-Managed Super Funds

02 9297 2765 | info@smsflawyers.com

www.smsflawyers.com

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ROBERT NORGATE

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ASSOCIATE PARTNER RAY WHITE NEPEAN GROUP

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@cooksplumbingshowrooms

cooksplumbing.com.au

0422 102 496 robert.norgate@raywhite.com

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For skills, experience, honesty and personal service you want to see in an agent, Robert Norgate delivers.

Left to right: Gilda Palermo, Daniel Palermo, Alyssa Palermo One Agency Caddens - St Marys Shop 15, Caddens Corner 68 O’Connell St, Caddens Ph: 4707 8335 Mobile: 0410 111 112 Email: caddenspropertygroup@gmail.com www.oneagency.com.au www.facebook.com/westernpropertymag

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