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218 Elizabeth Drive

Ashcroft, NSW 2168, Australia
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5 bed 2 bath759m²

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About this property

AUCTION GUIDE - $1,200,000 Perfect for first home buyers, large families, or savvy investors seeking an affordable entry into the market with future upside, this versatile 760sqm property offers flexible living and multiple income possibilities. Currently configured as a spacious 5-bedroom residence, the property suits family living, room rentals, co-living, or future development potential including granny flat, duplex, or subdivision opportunities (STCA). The existing accommodation business and systems may also be available to negotiate separately for buyers seeking a ready-made investment opportunity. Currently operating as room rental / short term accommodation. The property may be sold as a complete, self-sustaining Walk-In, Walk-Out (WIWO) business with transparent financials, resort-style value-add opportunities, and an unbeatable position in the Western Sydney boom corridor. Whether you continue the highly profitable accommodation model, utilize it as a co-living investment, or develop the site to its full potential, the groundwork has already been laid for you. Please reach out to discuss the opportunity. Walk-In, Walk-Out (WIWO) Turnkey Operation (OPTION) * Complete Business Acquisition Possibility: The physical real estate and the operational business, complete with all existing furniture, appliances, available for a seamless, zero-disruption handover. * Fully Automated & Hands-Off: Streamlined systems and smart locks are fully integrated with a reliable, dedicated team (cleaners, housekeepers, gardener) ensuring a passive income operation. * Ready-to-Run Accounts: Actively listed and performing on Airbnb, Booking.com, Expedia, and other OTAs. The sale includes the company's dedicated website with a built-in booking engine and Property Management System (PMS). * Verified Cash Flow: OTA statements, bank statements, and full company P&L reports are available for serious buyers. An on-site commercial laundromat setup generates steady, additional passive revenue. * Official STRA Registration: Fully registered and licensed for Short-Term Rental Accommodation (STRA) with NSW Fair Trading. The Residence & Flexible Living * Versatile Configuration: Originally 3 rooms, the home has been cleverly converted into a 5-bedroom layout to maximize rental yield or comfortably accommodate large, extended families. * Fully Equipped & Secure: Features fully carpeted rooms, two full bathrooms, and a functional kitchen. Four bedrooms are equipped with inverter reverse-cycle AC units. The property is fully secured with an active CCTV system and high-quality Crimsafe protection on all windows and doors. (Reach out for further details and costings- additional to the physical real estate) Unmatched Block Dimensions & Topography * The Largest Lot on the Strip: Situated in the center of a unique V-shaped street boundary, this prime middle position secures a massive 760sqm footprint, free from the tapering boundary restrictions. * Possible Excavation Savings: The block's natural slope provides immense cost-saving benefits. For a duplex development, this perfectly accommodates a shared central driveway leading into basement-style parking, possibly eliminating the need for excavation. It also allows for the seamless integration of tiered parking or an above-ground pool for the current setup. Immediate Value-Add & Diversification Potential * Under-House Expansion: The existing home sits on robust 6-foot piers, creating an accessible footprint underneath to construct an additional 2-to-3-bedroom unit and further maximize yield. S.T.C.A * Strategic Income Diversification Materialize a highly lucrative dual-income model by adding a 40-foot expandable trailer home (approx. $60k outlay, no STCA required) or constructing a granny flat (STCA). * Wellness Retreat Potential: Vast potential to capitalize on the short-term rental market by adding a vending machine, spa, sauna, cold plunge tub, and an above-ground pool. Long-Term Development Flexibility (STCA) * Development Headstart Included: Significant groundwork has been completed. The purchase includes finalized surveys, traffic engineering assessments, and Specialist Disability Accommodation (SDA) consultant evaluations. * Premium Subdivision: Potential to subdivide into two generous 300sqm lots, cleverly utilizing the remaining 160sqm for a wide, 5.5m driveway handle. Buyers are encouraged to conduct their own enquiries with council. * Retain & Build: Keep the existing high-yield front dwelling and construct a brand-new home in the expansive backyard. Unbeatable Location & Lifestyle Appeal * The Western Sydney Airport Catalyst: Located just a straight, 15-minute drive down Elizabeth Drive to the brand-new Western Sydney International Airport, perfectly positioning you for skyrocketing capital growth and accommodation demand. * Hyper-Connected Convenience: Moments to the Liverpool CBD, Liverpool Hospital precinct, Western Sydney University, and Westfield. A bus stop is located directly in front of the property. * Panoramic Views: Positioned directly opposite Lions Lookout Point, offering spectacular 360-degree views stretching from the Sydney CBD to the Blue Mountainsthe perfect vantage point for New Year's Eve fireworks. * Community Feel: Enjoy the tranquility of a relaxed neighborhood with wonderful, quiet, and friendly adjoining neighbors. *Disclaimer: All information has been provided by sources we deem reliable; however, interested parties should rely on their own enquiries and investigations.*

Property Features

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    Repayment calculator

    $5,721/month
    $2,860 /fortnight
    Loan $944,000 at 6.10% over 30 years

    Price estimated from comparable nearby — edit below to use your own number

    Upfront costs

    Deposit$236,000
    Stamp duty$45,124
    Conveyancing (est.)$2,000
    Total upfront$283,124
    Verify with NSW revenue office →
    Indicative figures only — not a quote. Real loan offers depend on the lender; duty depends on contract terms and applicable concessions.

    Property Details

    Property Type
    house
    Listing Type
    For Sale
    Bedrooms
    5
    Bathrooms
    2
    Land Area
    759m²
    Listed
    1 week ago

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