7 Norman Street, Condell Park NSW 2200

Seize a rare chance to secure a lucrative investment in Condell Park, just 1.6km from Bankstown Train Station which is in its transition phase forming part of the new "Sydney Metro Project". This impressive block benefits from a 30m frontage and features three street fronting separate income-generating dwellings:

• Main House: A spacious 6-bedroom residence, currently appraised at $1,000 per week. Enjoy modern comforts with 2 brand new bathrooms, a resurfaced kitchen, brand new flooring across the ground and first floor, high ceilings throughout and a spacious, private yard.
• Two-Bedroom Granny Flat: Newly constructed and generating $600 per week, offering its own driveway and separately metered.
• One-bedroom Studio: Newly constructed and generating $450 per week, also separately metered.

Granny Flat and Studio are independently metered, offering clear and manageable income streams. This property presents a unique investment opportunity in a sought-after location with an excellent rental yield of over 5%, well exceeding the Sydney Metropolitan average of 2.7%.

The numbers speak for themselves, this is one of the only homes in Canterbury Bankstown that can offer three separate dwellings on one lot, all council-approved.

Located within close proximity to great local schools, a Vietnamese shopping precinct, Bankstown University of Western Sydney and places of worship, this opportunity is rare and attractive to larger families and savvy investors.

For further information, Contact Andreas Kartsioulis | 0410 306 882 or Johnny Nguyen | 0499 411 178