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Overview
This solid brick and tile home offers a spacious three-bedroom main residence, built to last and ready for renovation to transform it into a stunning family home or a high-yield rental property. The property is being sold as a deceased estate for the first time in many years, presenting a unique opportunity for renovators, investors, or developers to secure a valuable asset in a highly sought-after location.
A significant feature of this property is the large granny flat located at the rear of the block with a side entry, ideal for extended family accommodation, generating extra income, or for further improvement. This additional dwelling adds versatility and potential to the property.
The location is unbeatable, situated only 200 metres from Panania Railway Station and within walking distance to local shops, cafes, and amenities. This convenient proximity provides easy access to the CBD and surrounding areas, making it an attractive option for residents seeking accessibility and lifestyle benefits.
Furthermore, the property is zoned and positioned as part of a potential development site, offering future opportunities for additional construction or subdivision, subject to council approval. This development potential adds significant long-term value and makes the property appealing for those looking to capitalize on growth prospects.
This rare opportunity combines a property with substantial upside in a location that remains in high demand. Whether the buyer intends to renovate and live in the home, rent it out, or plan for future development, this property meets a wide range of needs and investment strategies. Inspections are available now, providing interested parties the chance to explore the possibilities this property offers.
Local Market Insights
In Panania, Quiet Listings observed 8 new houses entering the market over the last 30 days, down from 12 during the previous 30-day period, with an average advertised asking price of $1,779,875. The property type mix of listed properties is predominantly Houses at 53%, followed by duplexes (33%), and townhouses (13%). First National was the most active agency in this area, representing 26.7% of all new listings in the last 30 days. These insights are based on agencies currently monitored by Quiet Listings and are updated as the local market changes.
While every effort is made to ensure the accuracy and completeness of the property information provided, no guarantee is given. Buyers should independently verify all details, inclusions, availability, pricing, and other relevant information directly with the listing agent before relying on this information.
Change History
| Headline | When |
|---|---|
| $1,590,000 | |
| $1,650,000 |
Location
Panania NSW 2213
Market Insights for Panania NSW 2213
Other properties in this postcode
* Search brackets are a technical classification derived from unverified metadata set by the listing agent for search filtering. It is not an official price guide, a valuation, or a representation of the seller's reserve. This data is provided for search transparency purposes only.