Versatile Dual-Income Opportunity in a Highly Sought-After Bexley Pocket

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114 Queen Victoria Street, Bexley NSW 2207

FOR SALE $1,958,000

Search Band Search Visibility Band

$1.96M - $2.06M Transparent Transparent Listing Based on an openly advertised listing price.

House 6 Beds 3 Baths 1 Car 537 m²

Listed: 45 days ago

Updated: 6 days ago

Overview

This property in Bexley offers a unique opportunity for those seeking a versatile living arrangement, combining ample space with dual-income potential on a substantial 537sqm block featuring dual street frontage. Two separate residences form the offering: a well-maintained main house with three bedrooms and two bathrooms, and a fully self-contained three-bedroom granny flat accessible privately. Such configuration supports extended families, multigenerational households, or savvy investors looking for a strong rental income stream.

The design balances privacy and flexibility, complemented by modern conveniences including air conditioning throughout both dwellings. Storage needs are met by a generous area beneath the granny flat, while lifestyle benefits come from convenient dual street access, a remote-controlled gate, and practical features such as two large water tanks.

Located in a desirable pocket of Bexley, this residence is conveniently positioned close to transport links including Kogarah Train Station, excellent local schools, parks, shops, and the nearby St George Hospital medical precinct. Furthermore, this property holds future development appeal under a complying development certificate (subject to council approval), making it attractive to those considering long-term investment or redevelopment opportunities.

Overall, this well-presented home and granny flat combination promises immediate occupation convenience and strong future prospects, appealing to families requiring versatile space, investors seeking dependable rental income, or developers eyeing added potential.

Local Market Insights

In Bexley, Quiet Listings observed 22 new houses entering the market over the last 30 days, up from 12 during the previous 30-day period, with an average advertised asking price of $1,983,182. The property type mix of listed properties is predominantly Houses at 71%, followed by apartments (16%), and villas (10%). The most active agency for houses in the Bexley area is currently Raine & Horne, representing 27% of new listings, followed by Ray White with 23%. 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.