SOLD
Sold on 17 Sep 2024 for $1,500,000

273 Forest Road
Bexley NSW 2207

Bedrooms: 5
Bathrooms: 3
Car spaces: 2
Floor area: 143m2
Land area: 740m2
Sold By
Domain NSW Real Estate Rockdale
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Property Details for 273 Forest Rd, Bexley

273 Forest Rd, Bexley is a 5 bedroom, 3 bathroom House with 2 parking spaces and was built in 1930. The property has a land size of 740m2 and floor size of 143m2. While the property is not currently for sale or for rent, it was last sold in September 2024. There are other 5 bedroom House sold in Bexley in the last 12 months.

Building Type
House
Year Built
1930
Floor Size
143m2
Land Size
740m2
Local Government
Bayside
Lot/Plan
3/3/DP1114

Last Listing description (September 2024)

CONDITIONALLY DA APPROVED FOR DUPLEX

Nestled in the heart of Bexley, 273 Forest Road presents an enticing opportunity for both occupiers and Builders / developers alike. Boasting a generous 739.8 sqm block with an impressive 15.5m frontage, this property offers immense potential.

The residence itself exudes the timeless elegance of a Federation home, with its sturdy full-brick construction, enhancing its enduring charm. Upon entering, one is greeted by the grandeur of high ceilings, a hallmark of its era, infusing the space with a sense of openness and grandeur.

the CURRENT home features THREE spacious bedrooms, ensuring ample space for relaxation and rest. The original bathroom retains its period character, while the well-presented kitchen provides functionality and convenience for everyday living.

DA CON DITIONALLY APPROVED FORDUPLEX :
5 bedrooms - 3 bathrooms - 2 car ( lock up garage plus car space )
Copy of plans available upon request.

For astute investors or developers, the property presents an exceptional opportunity with a Development Application (DA) lodged for a duplex site, pending approval. The favourable North/South aspect further enhances its potential, allowing for optimal design and utilization of space, subject to council approval.

Currently leased at $800 per week, with the lease recently expired, the property offers immediate rental income while awaiting its next chapter. Situated within close proximity to key amenities including Arncliffe and Banksia stations, Brighton Le-Sands, Hurstville station, and Sydney International Airport, convenience is at your doorstep.

For further details and to explore the possibilities this property holds, contact the exclusive agents at
DOMAIN NSW REAL ESTATE ROCKDALE
Alex Tehfe 0410 11 22 22

Don't miss out on this golden opportunity to secure a slice of Bexley's vibrant lifestyle.

Property History for 273 Forest Rd, Bexley, NSW 2207

A timeline of how this property has performed in the market
Last Sold
$1,500,000
17 Sep 2024
Listed for Rent
$720/w
16 Apr 2020
  • 17 Sep 2024
    Sold for $1,500,000
  • 01 Feb 2023
    Listed for Sale Contact Agent
  • 22 Nov 2021
    Listed for Sale Contact Agent
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About Bexley 2207

The size of Bexley is approximately 4.3 square kilometres. It has 18 parks covering nearly 11.8% of total area. The population of Bexley in 2011 was 19,067 people. By 2016 the population was 19,720 showing a population growth of 3.4% in the area during that time. The predominant age group in Bexley is 30-39 years. Households in Bexley are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Bexley work in a professional occupation. In 2011, 73.8% of the homes in Bexley were owner-occupied compared with 70.5% in 2016.

Bexley has 8,314 properties. Over the last 5 years, Houses in Bexley have seen a 60.92% increase in median value, while Units have seen a 30.52% increase. As at 31 October 2024:

  • The median value for Houses in Bexley is $1,756,462 while the median value for Units is $801,451.
  • Houses have a median rent of $800 while Units have a median rent of $620.
There are currently 36 properties listed for sale, and 26 properties listed for rent in Bexley on OnTheHouse. According to CoreLogic's data, 350 properties were sold in the past 12 months in Bexley.

Suburb Insights for Bexley 2207

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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.