FOR SALE
Auction - Must Be Sold

29 Cumberland Road
Greystanes NSW 2145

Bedrooms: 3
Bathrooms: 3
Car spaces: -
Land area: 556.4m2
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Auction Time
Sat 23 Nov 11:30 am
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No upcoming inspections scheduled.
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Multi Accommodation Residence With Development Potential..

Nestled on a lovely parcel of land with 16.148 metre frontage (approx.) within easy reach to most amenities, this neat residence is an excellent choice for home buyers with a need for additional living space for extended family/guests or investors looking to capitalise on the potential for a high rental return.
The current configuration comprises of a main residence which has been converted into two self-contained units which each comprising of a bedroom, lounge & dining area, kitchen, and bathroom plus laundry.
To the rear of the block there is also a detached self-contained studio/sleepout style accommodation.
For those with a knack for renovating, this may be a great project to work on and transform into a modern showpiece with so many possibilities to choose from, live in one and accommodate extended family members in the other, keep it tenanted or reconfigure the home back to one spacious residence.
Alternatively, for those looking for a parcel of land to build a new home or for duplex development (subject to council approval), 29 Cumberland Road, Greystanes may be the perfect choice.
This property presents a solid foundation for various possibilities, whether for investment, extended family accommodation, or future redevelopment.
Notable Features Include:
* Main Residence has been converted into two self-contained units
* Each unit features a bedroom, kitchen & bathroom, living & dining plus laundry
* Detached studio/sleepout self-contained accommodation to the rear
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Property Details for 29 Cumberland Rd, Greystanes

29 Cumberland Rd, Greystanes is a 3 bedroom, 3 bathroom House. The property has a land size of 556.4m2. The place is currently for sale with LJ Hooker Guildford | Granville.

Building Type
House
Land Size
556.4m2

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About Greystanes 2145

The size of Greystanes is approximately 8.9 square kilometres. It has 54 parks covering nearly 21.8% of total area. The population of Greystanes in 2011 was 21,702 people. By 2016 the population was 22,785 showing a population growth of 5.0% in the area during that time. The predominant age group in Greystanes is 0-9 years. Households in Greystanes are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Greystanes work in a clerical occupation. In 2011, 81.1% of the homes in Greystanes were owner-occupied compared with 79.4% in 2016.

Greystanes has 8,392 properties. Over the last 5 years, Houses in Greystanes have seen a 74.78% increase in median value, while Units have seen a 28.03% increase. As at 31 October 2024:

  • The median value for Houses in Greystanes is $1,350,350 while the median value for Units is $733,655.
  • Houses have a median rent of $740 while Units have a median rent of $590.
There are currently 44 properties listed for sale, and 26 properties listed for rent in Greystanes on OnTheHouse. According to CoreLogic's data, 348 properties were sold in the past 12 months in Greystanes.

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Contact agent
Paulette Ghaleb
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LJ Hooker Guildford | Granville
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