127 Hughes Street, Cabramatta, NSW 2166

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Sold

Sold for $1,500,000 (Sep 08, 2020)

A RARE AND DESIRABLE OFFERING ON 1,624SQM & 20.2M FRONTAGE!

First time offered in over 50 years within a tightly held locale and arguably in one of the best streets in Cabramatta, Raine & Horne Cabramatta

Canley Heights is excited to present a rare opportunity to acquire a prime piece of real estate known as 127 Hughes Street, Cabramatta NSW 2166. Boasting a well proportioned block of approximately 1,624sqm it provides savvy buyers with multiple investment options with value adding opportunities to further increase rental income and potential future growth. Renovate, re-design or rebuild – the choices are endless with the desirable 20.2m frontage allowing for potential sub-division development, dual occupancy and multiple dwellings or boarding house developments (S.T.C.A.). The property offers an expansive dual occupancy layout comprising of a main three (3) bedroom residence and separate one (1) bedroom self contained granny flat perfect for buyers hoping to secure a temporary rental income until they are ready to build an architectural designed masterpiece! Positioned amongst other quality built and designed homes with an ideal southern facing aspect this highly sought after property is only minutes to Cabramatta and Canley Heights CBD. A Secure investment and development opportunity not to be overlooked as Cabramatta is tightly held with strong continuous year on year growth and buyer confidence. Sophisticated investors and future developers – make no mistake and secure this rare offering today!

Key Features:

• Zone R2: Low Density Residential

• Potential Dual Occupancy or Sub-Division (S.T.C.A.)

• Potential Boarding House Development (S.T.C.A.)

• Land size: 1,624sqm (Approx)

• Frontage: 20.2m

• Dimensions: 20.2m x 80.4m

Property Features:

• Original three (3) bedroom residence

• Separate lounge and dining areas

• Well maintained kitchen and bathroom

• Sunroom with internal laundry

• One (1) bedroom self contained second dwelling

• Large garden shed

• Spacious double carport

Proximity:

Cabramatta West Public School: 750m

Cabramatta CBD: 900m

Cabramatta Police Station: 1,100m

Cabramatta Woolworths: 1,200m

Cabramatta Train Station: 1,500m

Cabramatta High School: 1,500m

Sacred Heart Catholic School: 1,500m

Property Info:
  • Property ID: L3062238
  • Property Type: House
  • Carports: 2
  • Land Area: 1624.0 sqm
We Know Your Area
R&H Suburb Profile: Cabramatta

R&H Suburb Summary Houses
Number of sales 44
Average Price $1,006,227
Median Price $886,500
Median Rental Price $400 p.w.
Change in Rental Rate (5yr) -2 %
R&H Suburb Summary Units
Number of sales 119
Average Price $427,370
Median Price $408,000
Median Rental Price $330 p.w.
Change in Rental Rate (5yr) 3 %
Cabramatta, NSW - Median Trend
886500.0