**Zoned R4 - Endless Potential in Penrith

**Another property SOLD by Gizzelle Powell
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**Zoned R4 - Endless Potential in Penrith

Nestled in a sought-after pocket of Penrith, this home presents a rare opportunity on a generous 638 square metre block. This home features three well-sized bedrooms, a practical kitchen and dining space, and a light-filled living area, ideal for first-home buyers, downsizers, or investors seeking long-term growth in the thriving Western Sydney property market.

The home also offers a single lock-up garage and an expansive backyard, perfect for families or those considering future renovations, extensions, or redevelopment (STCA). While the property is move-in ready, it may require a little TLC, giving buyers the chance to update and add further value.

The benefit of purchasing this property include:
* Three (3) good-sized bedrooms
* Light-filled living room with natural flow
* Classic kitchen with good storage, offering potential for improvement to suit your style
* Bathroom featuring a separate shower and bathtub
* Sunroom: a bright, airy space to relax and enjoy outdoor views.
* Spacious outdoor area ideal for family activities, children, and pets
* Fresh paint throughout the entire house
* Single lock-up garage
* Carport providing extra parking
* Zone R4 - High Density Residential
* Generous 638 square metre block with future potential (STCA)
* Located in a strong capital growth area with excellent rental demand
* Walking distance to Penrith CBD, Nepean Hospital precinct, public transport, schools, and major shopping centres

This address combines lifestyle and investment potential in one. The bus stop is just steps away, while Kingswood Station, Nepean Hospital, shops, cafes, childcare centres, and schools are all within walking distance, making everyday living easy and convenient.

Whether you're searching for a comfortable family home, a rental-ready investment property in Penrith, or a block with development potential (STCA), 4 Hope Street is perfectly positioned to deliver.



**Zone R4 High Density Residential
(Penrith Local Environmental Plan 2010)
1 Objectives of zone
* To provide for the housing needs of the community within a high density residential
environment.
* To provide a variety of housing types within a high density residential environment.
* To enable other land uses that provide facilities or services to meet the day to day needs of residents.
* To ensure that a high level of residential amenity is achieved and maintained.
* To encourage the provision of affordable housing.
* To ensure that development reflects the desired future character and dwelling densities of the area.

2 Permitted without consent
Home occupations

3 Permitted with consent
Boarding houses; Building identification signs; Business identification signs; Car parks;
Centre-based child care facilities; Community facilities; Emergency services facilities;
Environmental protection works; Exhibition homes; Exhibition villages; Flood mitigation
works; Home-based child care; Home businesses; Information and education facilities;
Neighbourhood shops; Oyster aquaculture; Places of public worship; Recreation areas;
Recreation facilities (indoor); Residential accommodation; Respite day care centres; Roads; Shop top housing



** DISCLAIMER: The above information is believed to be correct and accurate, however, RE/MAX Lifestyle Marketing does not guarantee its accuracy, and we urge prospective buyers to make their own enquiries if necessary. Virtual furniture for illustration purposes only.



** INSPECTION POLICY:
Please note that we are adhering to strict Government guidelines to always ensure the safety of our team and the community.

We do welcome you to attend our inspections, however kindly request that you:
* Masks are no longer mandatory however, they are highly recommended in situations where social distancing is difficult
* Adhere to the social distancing guidelines of one person per four square meters.
* Ask one of our team if you would like to open any cupboards or doors for further inspection. We are exercising a "Look don't Touch" policy to keep everyone safe.
* Keep our team and community safe by not attending an inspection if you are feeling unwell.
* Make use of the complimentary hand sanitizer provided at all viewings.


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