14/209 Derby Street Penrith, NSW 2750

With a bit of a spruce up, you could turn this two bedroom second floor unit into a modern gem. Currently leased to a long term tenant who has been residing in the unit since 2009 - paying $300 per week.

Located in the heart of Penrith close to Kmart, Penrith Station, Bowling Club and Panthers. Positioned at the rear of the complex of 15. Strata Levies are $784 per quarter.

Features are:

• Two bedrooms
• Combined lounge / dining room
• Original but very tidy bathroom
• Functional kitchen
• Floating floors throughout
• Internal laundry
• Balcony off the lounge room
• Single carport
• Complex of 15
• CBD location
• Expired lease
• Current rent $300 per week
• Positioned on the second floor at the rear of the complex
• Total size 79.1 m2
• Unit 65.7 m2
• Carport 13.4 m2

Fees:

• Strata Levies $784 per quarter
• Council Rates $420 per quarter
• Water Rates $158 per quarter
• Market rent approx. $330 - $340 per week

Location:

• Kmart 400 mt
• Penrith Station 1 km
• Nepean Hospital 2 km
• Bus stop at the door

If you're looking for solid long term investment or first home, then look no further than this property.