59 Cragg Street
Condell Park, NSW 2200

Overview

A Once-in-a-Lifetime Opportunity | 20.115m Frontage on 1,214sqm

Offered to the market for the very first time in decades, this property at 59 Cragg Street, Condell Park represents a rare and exceptional landholding that combines generous scale, versatile living options, and significant potential for future development.

Situated on a substantial 1,214 square meter parcel of land with an impressive frontage of 20.115 meters, this property is a unique opportunity often described as a 'farm in the city' due to its expansive size and rarity in the urban setting.

The existing home is a single-level brick veneer residence that retains its original character. It features three bedrooms equipped with built-in wardrobes, complemented by two additional oversized bedrooms, one of which offers external access, providing flexibility for various living arrangements.

The residence includes a three-way bathroom fitted with a double basin, a neat kitchen with an informal dining area, and an open-plan living and dining space enhanced by split system air conditioning for comfort. Additional amenities include a garage, a separate laundry with an extra toilet, and a covered alfresco area with a pergola, ideal for outdoor entertaining. The backyard is expansive and lush, offering ample green space for recreation and gardening.

Adding to the property's appeal is a bonus granny flat or studio with a large open-plan layout, kitchenette, and bathroom. Currently utilized as a billiards room, this space holds potential for conversion into a one or two-bedroom granny flat, subject to council approval (STCA).

From a development perspective, the property offers multiple pathways due to its scale and frontage. Potential options include subdivision into two freestanding homes, each with sufficient space for pools and granny flats, or a duplex-style development at the front with side access to a rear battle-axe parcel, subject to council approval.

This site is well-suited for owner-occupiers, developers, or long-term investors seeking to maximize value through creative use of the land. Positioned on the high side of a quiet, family-friendly street and free from sewer or easement restrictions, the property enjoys a central location close to Bankstown CBD, Condell Park shops, local schools, places of worship, and Bankstown Hospital.

In summary, this property offers large land, wide frontage, and endless potential, making it an exceptionally rare opportunity in the current market.

Features:

• Close proximity to schools
• Convenient access to shops
• Nearby transport options

Land Size: 1,214 square meters (approximately 0.3 acres)

Parking: Includes 1 garage space, 2 carport spaces, and 2 off-street parking spaces

Bedrooms: 5

Bathrooms: 2

Location