117 Kareela Avenue, Penrith, NSW 2750

$870,000

House
Type
3
Bedrooms
1
Bathrooms

Last updated on Monday, July 06, 2026 ( See property details for 117 Kareela Avenue, Penrith, NSW 2750)

$870,000

David Frendo Sales Manager | Auctioneer | Licensed Real Estate Agent
  • AI-generated summary for guidance only. We can’t guarantee accuracy -please verify all details independently before deciding.

A well-maintained three-bedroom brick home on a large block with excellent future development potential in a prime Penrith location.

🏡 Property Highlights

  • Well-maintained three-bedroom brick veneer home with polished timber floorboards
  • Generous 657.6m² block offering future granny flat potential (S.T.C.A.)
  • Separate lounge with split system air conditioning for comfort
  • Covered outdoor entertaining area ideal for gatherings
  • Potential rental return of approximately $650 per week
  • Prime location close to transport, shops, schools, parks, and sporting fields

✨ Key Features

  • Air Conditioning
  • Outdoor Area
  • Built-in Robes
  • Open-Plan Living
  • External Laundry
  • Pet-Friendly
  • Garage / Secure Parking
  • Waterfront / Views
  • Security Screens / Gates
  • Fly Screens

Penrith is a vibrant suburb offering a blend of urban convenience and outdoor lifestyle. Residents enjoy easy access to transport, shopping centres, quality schools, and recreational parks. The area boasts strong community spirit, ongoing development, and excellent rental demand, making it ideal for families and investors alike.

What are the future development possibilities for this property?
The property has potential for a granny flat or dual living setup, subject to council approval (S.T.C.A.), offering additional income or family space options.
Is the property suitable for first home buyers?
Yes, the property is ideal for first home buyers seeking a well-maintained home with scope for future value addition on a large block.
What amenities are nearby?
The property is close to transport options, shopping centres, schools, parks, and sporting fields, providing convenient access to daily needs.
Does the property have any outdoor entertaining features?
Yes, it features a covered outdoor entertaining area perfect for gatherings and outdoor living.
What is the rental potential of this property?
The potential rental return is approximately $650 per week, making it attractive for investors.
Are there any planning or zoning restrictions that could affect future development or renovations? Has the property been inspected for structural issues or pests? Are there any easements or covenants on the land that could impact use or value? Is the property located in a flood or bushfire-prone area? Are there any upcoming council or community developments in the vicinity that could affect the property’s value or living conditions? What are the ongoing costs, including council rates, strata fees (if applicable), and maintenance? Are there any known issues with the property's foundation, roof, or plumbing? Is the property compliant with all building codes and regulations? Are there any restrictions on adding a granny flat or dual living setup? What are the noise levels and neighbour relations like in the area?

117 Kareela Avenue, Penrith, NSW 2750 - More Details

$870,000

David Frendo from R&W Elite Group proudly presents this well-maintained three-bedroom brick veneer home, offering comfort, space, and outstanding future potential. Positioned on a generous 657.6m² block, this property presents an excellent opportunity for first home buyers, families, or investors seeking strong rental return and future granny flat potential (S.T.C.A.).

Property Features

*Well maintained 3 bedroom brick veneer home
*Separate lounge room with split system air conditioning
*Dining area off the kitchen
*Well-sized kitchen with electric cooking
*Combined bathroom with shower over bath, toilet & vanity
*Polished timber floorboards throughout
*External laundry
*Covered outdoor entertaining area
*Generous yard with granny flat potential (S.T.C.A.)
*Set on a 657.6m² block
*Potential rental return of approximately $650 per week
*Close to transport shops, schools, parks & sporting field.

This is a fantastic opportunity to secure a solid home on a large parcel of land with scope to add further value. Ideal for those looking to move in, invest, or explore dual income potential (S.T.C.A.).

For further information, contact David Frendo on 0411 457 027 or connect via @davidfrendorealestate.
Type
House
Bedrooms
3
Bathrooms
1

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