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Back 7/4 West Terrace
Off Market

7/4 West Terrace

Bankstown NSW 2200

2
2
1
130 m²
Apartment
Last sold for $538,000
Chicky FonsekaChicky Fonseka, last sold this property on 14 August 2024 after 22 days on market.

Overview

Large 130sqm Modern Apartment - High Yield Apartment with Secure Tenancy!

This spacious 130sqm 2-bedroom apartment has presented itself to the market in a coveted location. Situated on the 1st floor within a secure block with a private outlook , this residence enjoys abundant natural light and is just moments from Bankstown's train station with soon 15 trains per hour into the CBD, buses, and the recently upgraded Centro. Achieving an impressive rental return yield with tenants paying $710 per week, making it a standout opportunity in today's market and perfect for investors or first home buyers who are happy to move in over the Christmas holidays. Key Features: -Recently laid floorboards - Modern kitchen with gas cooking, stone bench tops, and a dishwasher - Two generously sized bedrooms, each with balcony access and build in wardrobes - Master bedroom featuring built-in wardrobes and an en-suite bathroom - Expansive open-plan living and dining areas for seamless entertaining - Stylishly appointed main bathroom and internal laundry facilities - Secure basement parking with swipe key access and ample visitors parking - Air conditioning - Convenient lift access for ease of mobility **Furnished for Immediate Comfort:** This apartment comes furnished, including essential amenities such as a microwave, washing machine, dryer, fridge, 2 x bed frames for each room, dining table with four chairs, and a TV, offering immediate enjoyment and hassle-free living. Additional Details: - Tenanted until December 2024, achieving $720 per week, providing immediate rental income potential (Subject to change) -Ideal for investors seeking hassle-free management and immediate returns. For any further information contact Chicky Fonseka on 0484 225 737 or John Yatman 0423 344 868 Disclaimer: All information herein is sourced reliably and provided in good faith, but its accuracy cannot be guaranteed. Prospective buyers should verify all details independently.

Features

2 bedrooms
2 bathrooms
1 carspace
1 garage space
130 m² floor area
Apartment

Estimated Value

Based on this property and similar 2 bedroom apartments sold in Bankstown over the last 12 months, the estimated median property value of 7/4 West Terrace is $600k.

Median value
$600k
Estimated value range
$399.89k - $790k
Median days on market
27
Estimated value trend
9%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Bankstown. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 7/4 West Terrace

2024
Sold
$538,000
14 Aug 2024 by Chicky Fonseka, of Ray White Punchbowl
2021
Sold
$465,000
Private Sale/Treaty on 03 Jun 2021

Happy sellers in Bankstown

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

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

This is based on voluntary sentiment collected from 83 reviews in Bankstown over the last 12 months.

Local market activity for 2 bedroom apartments in Bankstown

In the last 12 months, 157 two-bedroom apartments similar to 7/4 West Terrace, have been sold.

This represents a 19% increase in two-bedroom apartments sales when compared to the previous 12 months.

Nearby agents

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Graeme Rudder

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Mai Le

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Mark Saleh

Mark Saleh is an award winning recommended agent for Bankstown.  They have 30 local sales and collected 9 local reviews across the last 12 months.

  •   5   (246 reviews)
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