SOLD
Sold on 10 May 2024 for $4,800,000

32 Leonard Street
Bankstown NSW 2200

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 137m2
Land area: 1012m2
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Property Details for 32 Leonard St, Bankstown

Building Type
Land
Year Built
1940
Floor Size
137m2
Land Size
1012m2
Local Government
Canterbury-Bankstown
Lot/Plan
56/DP6649

Last Listing description (August 2024)

LJ Hooker Hurstville is delighted to offer this DA approved residential development site for 53 apartments in a prominent position.

Situated in the highly sought-after location of Bankstown, this unique site comes with DA approval, within walking distance to schools, shopping center and all amenities. Currently the site consists of 3 houses all leased earning an income.

- 51 x 2 bedroom & 2 x 1 bedrooms

- DA approved for 53 residential apartments
- Parking for 71 cars
- Excellent design some with private court yards
- Site area approx. 2340 sqm
- R4 high density residential F.S.R 1.75.1
- Nestled near Bankstown City Gardens
- Close proximity to Bankstown train station and M5

- Earmarked to benefit from increased height limits and density potential up to 9-storeys * (Subject to Town Planning Approval)
- DA approval for 53 units + potential uplift (STCA)
- Conveniently located only minutes from Bankstown Railway Station walking distance to Bankstown Central, Bankstown Sports Club, Western Sydney University and local schools.

The vendor is motivated and will consider all reasonable offers.

Louie Jovcevski 0418 449 006
LJ Hooker Hurstville: 02 9580 8887
facebook.com/ljhookerhurstville

Property History for 32 Leonard St, Bankstown, NSW 2200

A timeline of how this property has performed in the market
Last Sold
$4,800,000
10 May 2024
Listed for Rent
$550/w
21 Jun 2014
  • 21 Aug 2024
    Listed for Sale SOLD
  • 10 May 2024
    Sold for $4,800,000
  • 10 Oct 2023
    Listed for Sale $4.9 Ml to 5.2 Ml
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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 15,842 properties. Over the last 5 years, Houses in Bankstown have seen a 56.86% increase in median value, while Units have seen a 15.40% increase. As at 30 September 2024:

  • The median value for Houses in Bankstown is $1,404,334 while the median value for Units is $546,532.
  • Houses have a median rent of $720 while Units have a median rent of $570.
There are currently 84 properties listed for sale, and 59 properties listed for rent in Bankstown on OnTheHouse. According to CoreLogic's data, 824 properties were sold in the past 12 months in Bankstown.

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.