Positioned within one of South West Sydney's fastest evolving precincts, this expansive parcel presents an exceptional opportunity for developers, builders and astute investors to secure a high potential site in the heart of Bankstown. Set on a substantial 1,053sqm parcel with an advantageous triangular configuration, the property is zoned R4 High Density Residential with a favourable 1:1 floor space ratio and permissible building height of up to 13m, offering exciting scope for future redevelopment (Subject to council approval). Surrounded by established homes, emerging apartment developments and key infrastructure, this is a rare chance to capitalise on a high demand pocket moments to major amenities, education hubs and transport links including the upcoming Metro.
ESSENTIALS & INCLUSIONS:
- Set on a generous 1,053sqm parcel with a unique triangular landholding, the property enjoys a prominent position within a quiet residential street just moments from Bankstown's vibrant centre and key growth infrastructure
- Existing residence offers a modest single level dwelling with original interiors, presenting a blank canvas for renovation or complete redevelopment while maximising the site's full potential
- Functional kitchen space is currently equipped with basic cabinetry and storage, providing immediate usability while allowing scope for future modernisation or redevelopment plans
- Expansive backyard extends across the depth of the block with ample open space, offering flexibility for future construction, landscaping or multi dwelling development (Subject to council approval)
- Accommodation within the existing home is simple and practical, with bedrooms positioned for privacy and natural light, suitable for interim leasing or occupancy
- Off-street parking is available with a detached lock up garage and additional driveway space, providing convenience for residents or future development planning
- Quality inclusions: laundry, additional storage areas plus more
LIFESTYLE & EDUCATION:
- Enjoy close proximity to Bankstown Central Shopping Centre, a major retail and dining hub offering supermarkets, specialty stores, cafes and entertainment options, with easy access to Bankstown's evolving CBD precinct
- Surrounded by recreational spaces including Bankstown City Gardens, Paul Keating Park and a selection of local reserves, ideal for outdoor leisure and family activities
- Positioned near a range of highly regarded schools including Bankstown Public School, Bankstown Girls High School, Bankstown Senior College, St Brendan's Catholic Primary School and easy access to TAFE NSW Bankstown and Western Sydney University
- Excellent transport connectivity with Bankstown Train Station, frequent bus services and the highly anticipated Metro line providing seamless access to Parramatta CBD, Sydney CBD and surrounding suburbs
DISCLAIMER: While Richard Matthews Real Estate have taken all care in preparing this information and used their best endeavours to ensure that the information contained therein is true and accurate, but accept no responsibility and disclaim all liability in respect of any errors, inaccuracies or misstatements contained herein. Richard Matthews Real Estate urge prospective purchasers to make their own inquiries to verify the information contained herein.
