48/17-27 Rickard Road

Bankstown NSW 2200

125 m²

Unit

Currently for sale - view listing

Overview

In The Heart Of The CBD, At An Affordable Price

Perfectly positioned just a 10-minute walk from Bankstown Station and the future Metro line, this top floor apartment offers convenience, space and excellent long-term investment potential in the heart of Bankstown's CBD. It is also only a short 5-minute stroll to the new Western Sydney University tower campus, making it an ideal choice for first home buyers and investors alike. Set on the top floor with attractive district views from the generous balcony, the unit features two oversized bedrooms, both with built-in wardrobes, and a modern bathroom complete with separate shower, bathtub and toilet. Entertainers will love the massive open plan lounge and dining area, while the stylish polyurethane kitchen offers stainless steel appliances, and plenty of cupboard space. Additional features include a spacious internal laundry, split system air-conditioning, attractive porcelain tiled flooring throughout, a single lock-up garage and ample visitor parking. Currently leased at $480 per week, the property offers strong rental upside with an estimated market rent of approximately $600 per week. The current lease expires on 24/05/2026, providing the flexibility to move in with vacant possession if desired. Property features include: Top floor position with attractive district views Two large bedrooms, master with walk-in-robe, second with built-in wardrobe. Massive open plan lounge and dining area Stylish polyurethane kitchen with stainless steel appliances Modern bathroom with separate shower and bathtub Spacious internal laundry Split system air-conditioning Porcelain tiled floors throughout Large balcony Single lock-up garage plus visitor parking Short walk to Bankstown Station, future Metro and Western Sydney University & all the amenities of Bankstown's CBD Areas: Internal including balcony: 108m² Total including garage: 125m² Lock-up garage: 17m² Outgoings: Strata: $831.27 per quarter Council: $429 per quarter Water: $211.09 per quarter Well-maintained complex on a massive 11,000m² site An exciting additional benefit is the future redevelopment potential of the complex. The land has been rezoned to permit high-rise residential development up to 10 storeys, creating the possibility of a future site acquisition and redevelopment that may deliver substantial upside for owners. For further information or to arrange an inspection, contact Graeme on 0410 306 880.