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Hazelbrook, NSW 2779

$1,200,000 Negotiable
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2 HOUSES FOR THE PRICE OF ONE - 1.5 ACRES AND 2 TITLES

Phone enquiries - please quote property ID 12789 HAZELBROOK, 1.5 ACRES, BACKS TO BUSH, LARGE VIEWS ACROSS 40KMS. This is an ideal situation for any one needing to have close accommodation for their parents or wanting an investment property that can be managed easily. This is one of those iconic mountain aspects that people wish for when they go to the mountains. It is not much use living up here if you don't have an impressive aspect and this place has one of the most impressive aspects. Latest appraisal suggests that no 17 is worth above 520k and no 15 would fetch above 600k 5 min walk to school and station. 2 houses and lots of land for not a lot more than the price of a single property. This is a very rare opportunity to purchase 2 brick houses alongside each other. Both have been lived in by families. The block has been extensively landscaped and the steep aspect has been converted into accessible terraced areas. You can even drive a car down into the backyard. The drive in, drive out driveway and very large street frontage makes the propeerty seem even larger than it is. No 15 is a large home with 4 -6 bedrooms. No 17 is a 3 bedroom home. Both houses work well together on the property. There are 2 titles but they appear like they are one large block. Ideal situation for someone wanting a house for their parents, or like what we had, an investment property that you can monitor and self manage. They work quite independently but are easily accessible from each other. Rental returns are significant in the mountains. There are very few properties available to rent in the mid mountains currently. Rental return on these 2 properties would more than cover the current mortgage repayments. The finishing of the highway and the impending development of Bagery's Creek Aiport has created renewed selling and investment in the mountains. The large home at no.15 is 2/3 storey. On the entry level there are 3 bedrooms, kitchen double lounge, bathroom. laundry and large covered rear deck, downstairs there is another lounge area, bathroom, bedroom, 2 storage areas and an open space that could be converted into another 2 bedrooms quite easily. There is a big storage shed on the third level with 2 roller doors. Large floor to ceiling windows take in the huge views at the back of the property and the house sits way in the air giving a magnificent feeling. The second house is a normal size 3 bedroom 1 bathroom place with ample off road parking and great potential to expand both onto the same level as the house and underneath the house. It really does deserve a large deck to take in the magnificent bush views. Plans for this are approved by council. Hazelbrook township has already benefited from the highway upgrade and recent shopping centre building and improvement. The township of Lawson is being completely rebuilt and will be a wonderful little town centre. Travel time to Penrith and the west will be reduced considerably with a 4 lane highway the whole way. Real estate pricies are expected to skyrocket now the road has been completed. There are the regular maintenance type issues with both properties but they are in good state and working homes. No 15 could do with a new kitchen and some changes by way of walls added to take advantage of the extra space that has been built into the house thus creating more rooms if desired. There is still plenty of opportunity to expand upon these 2 places and put your own stamp on them but all of the hard yakka has been done in getting these homes implanted into what was initially quite formidable terrain. You would not believe the amount of man hours that have been invested in the property. We suggest you do a google map, street view search on the properties to see the impressive aspect.

First listed on 22 January, this property has been on Realty for 451 days. There are currently 2 properties for sale in Hazelbrook.
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General Features

Bathrooms: 3
Bedrooms: 8
Land Area: 6000 m2
Car Spaces: 6
Ensuites: 1
Indoor Features

Outdoor Features

Garages: 6

Other Features

polished timber floors

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