Perfect opportunity to purchase a 733sqm block in the heart of Punchbowl within minutes’ walk to the shopping centre, train station and school. The property is ideal for renovating or knocking down to build multiple dwellings. With existing R4 Zoning and 15m frontage, the potential for further development is there for the taking.
For the savvy investor, it is worth noting that this property was previously earmarked for proposed rezoning under the NSW Planning Sydenham to Bankstown Strategy.
• Land size 733 sqm approx.
• Land dimensions 15.24m x 48.16m
• R4 Zoning
• FSR 0.9:1
• Height Limit 11.5m
• Driveway to single LUG
• Renovate – Rebuild or Re Develop
|R&H Suburb Summary||Houses|
|Number of sales||98|
|Median Rental Price||$550 p.w.|
|Change in Rental Rate (5yr)||2 %|
|R&H Suburb Summary||Units|
|Number of sales||55|
|Median Rental Price||$385 p.w.|
|Change in Rental Rate (5yr)||10 %|