13 Bungalow Crescent, Bankstown, NSW 2200

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Sold Prior To Auction

Sold Prior To Auction

BLUE CHIP INVESTMENT - ZONE R4 HIGH DENSITY RESIDENTIAL

A rare and unique offering with an immense development potential and strategically positioned within the heart of Bankstown CBD, Raine & Horne Cabramatta

Canley Heights is proud to present 13 Bungalow Crescent, Bankstown NSW 2200. Extremely attractive with strong future growth and value adding opportunities this well positioned property is the ideal security for a long term investment portfolio. Situated on a western facing block of approximately 572sqm with an R4 Zoning allowing for potential high rise development ( S.T.C.A. ) and only minutes to Bankstown Train Station and Bankstown Central Shopping Centre, it is the perfect investment not to be overlooked! Solid rental returns with the potential for a granny flat addition ( S.T.C.A. ) will allow for increased return on investment while taking advantage of the year on year suburb growth. Sophisticated investors and future developers take note as this rare offering must be sold – make it yours today!


Key features:

• Zone R4: High Density Residential

• High rise development potential ( S.T.C.A. )

• Land size: 572sqm

• Dimensions: 12.5m x 45.7m

• Rectangular and level block


Property particulars:

• Single level three (3) bedroom residence

• Separate lounge and dining areas

• Renovated kitchen with stainless steel appliances

• Renovated bathroom

• Freshly painted with high ceilings throughout

• Potential rental return $550.00 per week


Proximity:

Bankstown Train Station: 500m

Bankstown Sports Club: 650m

Bankstown Central: 850m

Bankstown Library: 1000m

Bankstown TAFE: 1000m

Property Info:
  • Property ID: L1402122
  • Property Type: House
  • Land Area: 572.0 sqm
We Know Your Area
R&H Suburb Profile: Bankstown

R&H Suburb Summary Houses
Number of sales 113
Average Price $987,779
Median Price $926,000
Median Rental Price $550 p.w.
Change in Rental Rate (5yr) 10 %
R&H Suburb Summary Units
Number of sales 312
Average Price $488,328
Median Price $480,000
Median Rental Price $425 p.w.
Change in Rental Rate (5yr) 6 %
Bankstown, NSW - Median Trend