92 & 92A Bungaree Road, Toongabbie NSW 2146

This substantial property presents a rare and valuable investment or adaptable family living opportunity, situated on an expansive 853.6 square meter parcel in Toongabbie. It is thoughtfully configured to offer multiple income streams and future flexibility, ideal for investors or purchasers seeking a strong rental return combined with the option to reconfigure the existing dwellings.

Comprising two separate two-bedroom dwellings at the front, each with their own private courtyard, and a larger three-bedroom, two-bathroom residence to the rear, the layout currently supports three independent living spaces. This configuration yields an annual rental income exceeding $110,000, approximating a 6% rental yield—figures which highlight the property's appeal from an income perspective.

The dual front dwellings present an opportunity for transformation; with appropriate council approvals, they could be converted back into a single five-bedroom residence. Coupled with the separate rear dwelling and accompanying in-ground swimming pool, this creates potential for a generous family home combined with additional rental or guest accommodation.

Additional features supporting the property's practical functionality include ample off-street parking with six carport spaces and an enviable location within the catchment areas of Toongabbie West Public School and Pendle Hill High School. Proximity to local transport, shops, and parks further enhances its attractiveness to tenants and homeowners alike.

Given the scale, location, and multiple income streams of this property, it stands out as a versatile asset with considerable future potential for growth or redevelopment, subject to approvals. This makes it particularly appealing for investors looking to maximize returns or homeowners in search of a sizeable landholding with options for modernisation and expansion.