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Sold on 15 Aug 2024 - Price Unavailable

7/4 West Terrace
Bankstown NSW 2200

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 130m2
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Property Details for 7/4 West Tce, Bankstown

7/4 West Tce, Bankstown is a 2 bedroom, 2 bathroom Apartment with 1 parking spaces. The property has a floor size of 130m2. While the property is not currently for sale or for rent, it was last sold in August 2024. There are other 2 bedroom Apartment sold in Bankstown in the last 12 months.

Building Type
Apartment
Floor Size
130m2
Local Government
Canterbury-Bankstown
Lot/Plan
7/SP80129

Last Listing description (August 2024)

This spacious 130sqm 2-bedroom apartment has presented itself to the market in a coveted location.
Situated on the 1st floor within a secure block with a private outlook , this residence enjoys abundant natural light and is just moments from Bankstown's train station with soon 15 trains per hour into the CBD, buses, and the recently upgraded Centro. Achieving an impressive rental return yield with tenants paying $710 per week, making it a standout opportunity in today's market and perfect for investors or first home buyers who are happy to move in over the Christmas holidays.

Key Features:

-Recently laid floorboards
- Modern kitchen with gas cooking, stone bench tops, and a dishwasher
- Two generously sized bedrooms, each with balcony access and build in wardrobes
- Master bedroom featuring built-in wardrobes and an en-suite bathroom
- Expansive open-plan living and dining areas for seamless entertaining
- Stylishly appointed main bathroom and internal laundry facilities
- Secure basement parking with swipe key access and ample visitors parking
- Air conditioning
- Convenient lift access for ease of mobility

**Furnished for Immediate Comfort:**
This apartment comes furnished, including essential amenities such as a microwave, washing machine, dryer, fridge, 2 x bed frames for each room, dining table with four chairs, and a TV, offering immediate enjoyment and hassle-free living.

Additional Details:
- Tenanted until December 2024, achieving $720 per week, providing immediate rental income potential (Subject to change)
-Ideal for investors seeking hassle-free management and immediate returns.

For any further information contact Chicky Fonseka on 0484 225 737 or John Yatman 0423 344 868

Disclaimer: All information herein is sourced reliably and provided in good faith, but its accuracy cannot be guaranteed. Prospective buyers should verify all details independently.

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Property History for 7/4 West Tce, Bankstown, NSW 2200

A timeline of how this property has performed in the market
Last Sold
15 Aug 2024
  • 15 Aug 2024
    Sold for $538,000
  • 23 Jul 2024
    Listed for Sale Under Contract
  • 03 Jun 2021
    Sold for $465,000
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About Bankstown 2200

The size of Bankstown is approximately 6.5 square kilometres. It has 25 parks covering nearly 5.8% of total area. The population of Bankstown in 2011 was 30,571 people. By 2016 the population was 32,103 showing a population growth of 5.0% in the area during that time. The predominant age group in Bankstown is 20-29 years. Households in Bankstown are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Bankstown work in a professional occupation. In 2011, 52.4% of the homes in Bankstown were owner-occupied compared with 48.2% in 2016.

Bankstown has 15,996 properties. Over the last 5 years, Houses in Bankstown have seen a 59.87% increase in median value, while Units have seen a 16.86% increase. As at 31 July 2024:

  • The median value for Houses in Bankstown is $1,370,296 while the median value for Units is $535,017.
  • Houses have a median rent of $700 while Units have a median rent of $560.
There are currently 67 properties listed for sale, and 36 properties listed for rent in Bankstown on OnTheHouse. According to CoreLogic's data, 855 properties were sold in the past 12 months in Bankstown.

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Chicky Fonseka
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John Yatman
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