56/17 Rickard Road

Bankstown NSW 2200

Perfectly located just 10 minutes walk to Bankstown train station which will be a part of the Sydenham to Bankstown Metroline operational in 2024, and 5 minutes walk to the new University Of Western Sydney Tower Campus which is opening in 2023, this is a great opportunity for first home buyers and investors alike. This unit has a spacious open plan lounge and dining area, 2 big bedrooms with built-ins, and a smaller 3rd bedroom. The bathroom has been beautifully renovated and has a shower and toilet combined with the laundry. The kitchen has the best lime green benchtops in the whole of Bankstown. But the kitchen is big and you can install your wife's dream kitchen and put a smile on her face. You know what they say, happy wife, happy life! Strata fees are $673.57 per quarter, Council Rates are $295 per quarter, and Water Rates are $153.56 per quarter. This unit is currently owner occupied but could be rented for $400-$450 per week in the current market. This unit complex was built on a massive 11,000m2 block extending from Rickard Rd through to Myrtle Rd. The land has been rezoned to allow the development of high rise units up to 10 levels high under the new Bankstown City Centre Master Plan. There is a possibility that the whole complex will be purchased in the future for redevelopment and this could result in a payout far above the initial purchase price you pay for a unit there today.