PRD Panania Cnr Tower & Lambeth Streets, Panania, NSW 2213 02 9792 8188
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115 Gibson Avenue
padstow
NSW, 2211

FOR SALE

listing rooms 5
listing bathrooms 2
listing parking 3

Exceptional Investment & Development Opportunity

Discover an outstanding opportunity that combines immediate rental income with exciting development potential. This prime corner block boasts a spacious front house and a separate granny flat, both currently leased to quality tenants, generating an impressive $1,300 per week ($67,600 annually).

Perfectly positioned just minutes from Padstow Shops, restaurants, local schools, parks, buses, and the train station, this property is an ideal choice for investors, developers, builders, or families looking to upsize or downsize.

Property Highlights:
- Land size: 556sqm with an over 19m wide frontage (approx.)
- Potential duplex site (STCA) - Corner block offering greater flexibility for development
- Clear site: No easements, as a perfect blank canvas for future projects

Front House Features:
- Elegant plantation shutters & timber flooring throughout
- Renovated kitchen & bathroom, adding modern comfort and style
- New air conditioning system & solar panel for energy efficiency
- Covered entertaining area + family-sized yard with an additional 2nd toilet
- Spacious front yard with full fencing & a separate garage for secure parking

Granny Flat Features:
- Bright & airy living area with an open-plan kitchen featuring gas cooking
- 2 double-sized bedrooms with built-in wardrobes
- Private street access with its own fully fenced backyard

Unbeatable Location:
- 400m to Padstow North Public School & Playford Park
- 600m to KU Children's Centre & TAFE NSW Padstow
- 1km to Padstow's vibrant heart & train station
- Easy access to the motorway, connecting you to Sydney and beyond

This is a rare opportunity to secure a high-returning investment with future growth potential in a prime location. Whether you're an investor, builder, or family, this property offers flexibility, strong rental returns, and endless possibilities.

Act fast - opportunities like this don't last long!
Contact Matthew 0433 985 065 to arrange your inspection!

Sell Smarter ...ask a Local

Disclaimer: We have been furnished with the above information however, PRD Panania gives no guarantees, undertakings or warnings concerning the accuracy, completeness or up-to-date nature of the information provided. All interested parties are responsible for their own independent enquiries in order to determine whether or not this information is in fact accurate.

Agents

Nearby Schools

About padstow

median house price

1593000

suburb growth

15.0%

median house rent

800

suburb rental yield

2.6%

Similar Properties

Source: Suburb Flyover Report Series, APM Pricefinder. PRD does not give any warranty in relation to the accuracy of the information contained in this report. If you intend to rely upon the information contained herein, you must take note that the Information, figures and projections have been provided by various sources and have not been verified by us. We have no belief one way or the other in relation to the accuracy of such information, figures and projections. PRD will not be liable for any loss or damage resulting from any statement, figure, calculation or any other information that you rely upon that is contained in the material. Prepared by PRD Research © All medians and volumes are calculated by PRD Research. Use with written permission only. All other responsibilities disclaimed.

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