512/16-20 Meredith Street
Bankstown, NSW 2200

Overview

Full Brick Construction With Side-By-Side Double Car Spaces

This well-appointed unit is located just a five-minute walk from Bankstown station, which will soon be serviced by the future Metroline, and is also close to the new University of Western Sydney, making it an ideal location for convenience and accessibility.

Situated on the 5th floor, the property offers attractive district views from two balconies, providing a pleasant outlook and outdoor space. The unit features two large bedrooms, both equipped with built-in wardrobes, with the master bedroom including an ensuite bathroom for added privacy and comfort.

The living area is spacious and open-plan, combining the lounge and dining spaces to create a versatile and welcoming environment for relaxation and entertaining. The kitchen is stylishly designed with quality poly cabinetry, stainless steel appliances, granite benchtops, and gas cooking facilities, catering to both functionality and modern aesthetics.

The bathrooms include a modern main bathroom and a full-sized internal laundry, which is more spacious than a typical cupboard-style laundry, enhancing practicality for everyday living. Parking is secure with side-by-side double car spaces, and there is ample visitor parking available. The strata management permits the conversion of these car spaces into double lock-up garages, with costs estimated at $5,000 for a manual tilt-a-door and $7,000 for remote control entry installation.

Additional building features include brand new lifts, ensuring ease of access within this high-rise development. The property is conveniently located across from the new Bankstown RSL Club and adjacent to the Bankstown Police Station, adding to the sense of community and security.

Currently leased at $630 per week, the lease has expired, allowing for vacant possession within 42 days if desired, making it suitable for both investors and owner-occupiers. The internal area of the unit, including balconies, measures 101 square meters, with a total area of 131 square meters, providing ample living space.

Strata fees are reasonably priced at $1,134.40 per quarter, reflecting the benefits of living in a well-maintained building with lift access. This property is ideal for first home buyers and investors seeking a prime location with excellent amenities and a great opportunity for future growth.

Features include close proximity to schools, shops, and transport, enhancing the lifestyle and convenience for residents.

Overall, this unit offers a combination of location, space, and modern features, making it a compelling choice for those looking to secure a quality home or investment in Bankstown.

Location