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

INVESTOR DREAM / DEVELOPER'S CHANCE

Discover an exceptional opportunity combining immediate rental income with promising development potential. This property features a spacious level house alongside a separate granny flat, both currently leased to quality tenants. Conveniently located just minutes from Padstow Shops, restaurants, local schools, parks, bus, and the train station, this property is ideal for investors, builders, or those looking to upsize or downsize.

Key Features:
- Land size: 556sqm, 18m frontage (approx.)
- Potential duplex site (STCA)
- 400m to Padstow North Public School and Playford Park
- 600m to KU Children's Centre
- 600m to TAFE NSW Padstow
- 1Km to the heart of Padstow and train station

- Main House: 3-bedroom level house with a separated garage.
- Granny Flat: Separated 2-bedroom with its own street access.
- Rental Income: Leased at $1,300 per week (approximately $67,600 annually).
- Clear Site: No easements and no trees, offering a blank canvas for future development.

This is an outstanding opportunity for investors or developers looking for both strong rental returns and future expansion possibilities.

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

1565000

suburb growth

18.3%

median house rent

795

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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