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47 Banks Rd

Earlwood NSW 2206

3
1
2
945 m²
House
Currently for sale - view listing

Overview

A Rare 945sqm Opportunity with Outstanding Future Potential

Positioned on an impressive 945sqm parcel of land in one of Earlwood's tightly held residential pockets, 47 Banks Road presents an exceptional opportunity to transform a substantial landholding into a boutique collection of two architecturally designed freestanding strata-title residences subject to council approval. With its generous proportions, prized landholding and exciting development potential, this is far more than an ordinary residential property - it is a once-in-a-generation opportunity to create two statement homes on an extraordinary scale. The sheer size of the block provides the canvas to deliver residences that feel more like private family estates than conventional strata dwellings, with the potential for expansive interiors, generous landscaped gardens, outdoor entertaining areas, secure parking and an enviable sense of space and privacy. Designed for the Future Subject to council approval, the proposed concept for two freestanding strata-title dwellings unlocks the remarkable potential of this 945sqm holding. Imagine two individually designed residences taking full advantage of the site's scale and aspect, creating an exclusive enclave where architectural sophistication meets the freedom of a substantial parcel of land. The completed residences have the potential to showcase: * Generous, architecturally designed floorplans * Multiple living and entertaining zones * Expansive indoor-outdoor connections * Designer kitchens and premium finishes * Large private landscaped gardens * Impressive outdoor entertaining areas * Secure off-street parking * Abundant natural light and ventilation * A strong sense of separation and privacy between residences * Contemporary architectural appeal designed specifically around the site The Land Is the Opportunity At 945sqm, the scale of the land is the headline. Large residential parcels of this caliber are increasingly difficult to secure in Earlwood, particularly those offering the potential to create two substantial freestanding residences rather than compromising the site with a conventional house and granny flat configuration. The size of the holding provides an extraordinary opportunity to create homes that stand apart - spacious, private and highly desirable, with the potential to deliver an architectural outcome rarely seen on a site of this nature. For astute developers, builders or families looking to create a landmark residential project, the possibilities are compelling. A Standout Earlwood Address Combining exceptional landholding potential with the lifestyle appeal of Earlwood, the property is ideally positioned to take advantage of the area's established amenities, transport connections, schools, parks, cafés and vibrant village atmosphere. Whether approached as a development opportunity, a long-term investment or a project to create two premium family residences, 47 Banks Road represents an exceptionally rare chance to unlock the true value of an expansive Earlwood landholding. * All Draft Plans of Subdivision, Plans & Survey are available on request * 3D Renders used in the advert are used as conceptual images only * The proposed development is subject to council approval and all relevant planning, development and statutory requirements. Buyers should make their own enquiries regarding development potential, approvals, plans and feasibility.

Features

3 bedrooms
1 bathroom
2 carspaces
2 garage spaces
945 m² lot size
House

Property history for 47 Banks Rd

2021
Sold
$2,000,000
Sold Before Auction on 26 Jun 2021 by Dean Vasil, of Ray White Earlwood | Wolli Creek
2019
Rented
Undisclosed
Leased on 29 Sep 2019 by CobdenHayson Earlwood/Marrickville
2017
Rented
Undisclosed
Leased on 03 Aug 2017 by CobdenHayson Earlwood/Marrickville

Happy sellers in Earlwood

88%
88% of sellers in Earlwood reported that their sale price either exceeded or met their price expectations.

Earlwood stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 68 reviews in Earlwood over the last 12 months.

Local market activity for 3 bedroom houses in Earlwood

In the last 12 months, 87 three-bedroom houses similar to 47 Banks Rd, have been sold.

This represents a 1% decrease in three-bedroom houses sales when compared to the previous 12 months.

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