101 Binalong Road
Old Toongabbie, NSW 2146

Overview

101 Binalong Road, Old Toongabbie

This original weatherboard home is situated on a generous 815 square meter allotment with a 16.9 meter frontage, located in a prime area close to schools, shops, and transport options in Parramatta. The property is divided into two self-contained living spaces, each featuring a kitchen, bedroom, lounge/dining area, bathroom, laundry, and study room, providing excellent potential for rental income estimated between $650 and $700 per week.

The substantial land size and frontage offer significant opportunities for future development or dual occupancy, subject to approval from Parramatta Council. This makes the property appealing to investors seeking steady rental returns as well as buyers interested in development potential while preserving the period features of the home.

Outgoings are approximately $173.29 per quarter for water and $461.80 per quarter for council rates.

The location and layout provide a versatile investment or living opportunity, combining the charm of an original weatherboard home with the benefits of a large land parcel in a sought-after suburb. The dual living arrangement offers flexibility for extended family living or additional income generation. The frontage and land size also present possibilities for redevelopment or subdivision, subject to council approval, making this property a rare find in the area.

Overall, this property represents a great opportunity for those looking to invest in a well-located home with strong rental potential and future development prospects. Its proximity to essential amenities and transport links enhances its desirability, while the dual living spaces add functional value.

Location