220 Waterloo Road, Greenacre, NSW 2190

House
Type
5
Bedrooms
3
Bathrooms
2
Parkings
607 m²
Area

Last updated on Wednesday, July 29, 2026 ( See property details for 220 Waterloo Road, Greenacre, NSW 2190)

AUCTION | 1/08/25 @ 1.30 PM

  • AI-generated summary for guidance only. We can’t guarantee accuracy -please verify all details independently before deciding.

A modern, dual-income property in Greenacre featuring a renovated family home and a brand-new granny flat on a level 607sqm block, offering excellent investment and family living opportunities.

🏡 Property Highlights

  • Modern renovated family home with contemporary finishes
  • Brand-new two-bedroom brick veneer granny flat with open-plan living
  • Strong rental income potential of approximately $75,000 per annum
  • Prime level land of approximately 607sqm in a convenient location
  • Close to schools, shops, transport, and parks
  • Separate living spaces ideal for dual-income or large families

✨ Key Features

  • Renovated kitchen
  • Split-system air conditioning
  • Open-Plan Living
  • Ensuite
  • Built-in Robes
  • Outdoor Area
  • Freshly painted internally and externally
  • New blinds throughout
  • Shed
  • Waterfront / Views
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220 Waterloo Road
Greenacre, NSW 2190
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Vertical aerial view — 220 Waterloo Road
220 Waterloo Road — Vertical Aerial  •  Greenacre, NSW 2190  •  Nearmap © 2026

Greenacre is a highly sought-after suburb known for its convenient access to local amenities, excellent transport links, and family-friendly parks. It offers a vibrant community atmosphere, diverse dining options, and proximity to schools and shopping centres, making it ideal for both investors and families seeking a well-connected lifestyle.

What are the current lease terms and potential for future rental increases?
The main residence is leased at $39,000 per annum until 26 October 2026, with potential for future rental increases. The granny flat is estimated to generate approximately $35,360 per annum.
Are there any planning or zoning restrictions for the granny flat?
The property is compliant with current zoning regulations for dual living, but prospective buyers should verify with local council regarding any specific planning restrictions or approvals.
What are the ongoing maintenance costs for the property?
Maintenance costs are expected to be typical for a property of this age and size, including upkeep of the gardens, building repairs, and utility expenses. Specific costs can be discussed with the current owner or agent.
Is the property suitable for future development or expansion?
The property sits on approximately 607sqm of level land, offering potential for future development or extensions, subject to council approval.
Are there any known issues or defects with the property?
Based on current information, the property has been recently renovated and maintained; however, a thorough inspection is recommended to identify any hidden issues.
Are there any upcoming council or development plans in the area that could affect property value or living conditions? What are the total ongoing costs, including council rates, water, and strata fees if applicable? Are there any easements, covenants, or restrictions on the property that could impact future use? Has the property been tested for flood or bushfire risks? Are there any existing or planned nearby construction activities that could cause noise or disruption?

220 Waterloo Road, Greenacre, NSW 2190 - More Details

AUCTION | 1/08/25 @ 1.30 PM

John B. Grant Real Estate, Chester Hill is delighted to present 220 Waterloo Road, Greenacre to the marketplace. Offering an exceptional investment opportunity with strong rental returns and modern improvements throughout, this versatile property features a beautifully renovated three-bedroom home together with a brand-new two-bedroom brick veneer granny flat, all positioned on approximately 607sqm of level land in one of Greenacre's most convenient locations.

The main residence has been tastefully updated and offers comfortable family living with a renovated kitchen, renovated laundry, fresh interior and exterior paintwork, new blinds throughout, and new split-system air conditioning. The home provides spacious accommodation with light-filled living areas and a practical floor plan designed for everyday comfort.

Adding significant value to the property is the newly completed brick veneer granny flat. Designed with modern living in mind, it features two generous bedrooms, mirrored built-in wardrobes, an en-suite to the master bedroom, tiled flooring throughout, split-system air conditioning, open-plan living and dining, a stylish modern kitchen, and a contemporary two full bathroom.

The existing home is currently leased at $39,000 per annum until 26 October 2026, with the potential for a future rental increase. The granny flat offers an estimated rental return of approximately $35,360 per annum, providing a combined potential income of approximately $75,000 per annum.

Whether you're an investor seeking strong dual-income returns, a large family requiring additional accommodation, or a buyer looking for a property with excellent future growth potential, this outstanding offering is one not to be missed.

Features Include:

• Renovated three-bedroom family home
• Brand-new two-bedroom brick veneer granny flat
• Renovated kitchen and laundry
• Freshly painted internally and externally
• New blinds throughout
• Split-system air conditioning to both dwellings
• Open-plan granny flat with modern finishes
• Ensuite to granny flat master bedroom
• Approximate land size of 607sqm
• Current rental income of $39,000 per annum
• Potential combined rental return of approximately $75,000 per annum
• Convenient location close to schools, shops, transport, parks, and all local amenities

This property combines everyday convenience, modern living, and exceptional investment potential in a highly desirable Greenacre location.
Inspection is highly recommended.

Type
House
Bedrooms
5
Bathrooms
3
Parkings
2
Area
607 m²

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