194/194a Evan St, South Penrith is a 5 bedroom, 2 bathroom House.
Positioned on a generous 644sqm block with an 18.29m frontage, this rare dual-occupancy property offers strong rental income potential and a flexible layout ideal for multi-generational living, live-in-one/rent-the-other arrangements, or simply leasing both. Conveniently located close to Southlands Shopping Centre, schools, and transport, this is an exceptional opportunity for savvy investors or extended families alike.
Front Home - 194 Evan Street
- Solid 3-bedroom brick home with restored roof and updated kitchen and bathroom
Granny Flat - 194A Evan Street
- Separate, fully fenced private yard with its own access
- 2 bedrooms with mirrored built-in robes
- Open plan living and dining with split system air conditioning
- Kitchen with ample cupboard space
- Modern bathroom with walk-in shower and large mirror
- Low-maintenance outdoor area
Key Highlights
- Dual income potential - excellent yield for investors
- Ideal setup for multi-generational families or a live-in-one, lease-the-other strategy
- Wide frontage with plenty of off-street parking options including double garage, carport and driveways
- Walking distance to Southlands Shopping Centre, schools, and bus stop at your doorstep
This is a rare and flexible opportunity in one of South Penrith's most accessible and family-friendly pockets.
Contact us today to book your private inspection.
The size of South Penrith is approximately 5.1 square kilometres. There are 25 parks, covering nearly 22.1% of the total area. The population of South Penrith in 2016 was 11790 people. By 2021 the population was 12005 showing a population growth of 1.8% in the area during that time. The predominant age group in South Penrith is 30-39 years. Households in South Penrith are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in South Penrith work in a professional occupation.In 2021, 67.90% of the homes in South Penrith were owner-occupied compared with 72.00% in 2016.
South Penrith has 4,752 properties. Over the last 5 years, Houses in South Penrith have seen a 36.83% increase in median value, while Units have seen a 44.88% increase. As at 31 July 2026:
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