Auction:
Saturday 30th May, 3:45pm
7 Bed
3 Bath
2 Car
973.80 m²
Auction:
Saturday 30th May, 3:45pm
7 Bed
3 Bath
2 Car
973.80 m²
Positioned within the rapidly evolving Bankstown precinct, 7 & 9 Winspear Avenue present a rare opportunity to secure a substantial dual-lot holding in the newly designated TOD Precinct. Offered in one line, these two single-storey residences provide immediate rental income with strong tenancies in place, while unlocking significant future redevelopment potential under the new LMR zoning. With favourable planning controls, a large 973.8sqm approx. level lot, and a wide 28.65m combined frontage, this is a strategic acquisition in a high-growth corridor benefiting from major infrastructure and planning uplift (STCA).
KORE Features
. Two single-storey homes, one offering 3 bedrooms and the other offering 4 bedrooms
. Combined land area of 973.8sqm approx., zoned R4: High Density Residential
. Wide combined frontage of 28.65m approx.
. Located within the newly designated TOD Precinct in LMR zoning
. Floor Space Ratio (FSR): 2.3:1
. Potential Gross Floor Area of approx. 2,240sqm
. Height of buildings: 22m (approx. 6-7 storeys)
. Strong redevelopment potential with design flexibility (STCA)
. Existing tenancies in place providing immediate holding income
. Close proximity to Bankstown CBD, transport, schools and local amenities
All figures are approximate and all development potential is subject to council approval (STCA). Buyers are encouraged to conduct their own due diligence.
* In conjunction with Goldstar Partners Real Estate Cabramatta - Ken Nguyen - 0402 717 616
#sellwithkore
Disclaimer – All information contained herein is gathered from sources we believe to be reliable. However, we cannot guarantee its accuracy and interested persons should rely on their own enquiries.
Car Parking - Surface
Close to Schools
Close to Shops
Close to Transport
Development Potential