29 Cumberland Rd, Greystanes is a 3 bedroom, 3 bathroom House. The property has a land size of 556.4m2. While the property is not currently for sale or for rent, it was last sold in November 2024. There are other 3 bedroom House sold in Greystanes in the last 12 months.
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
* Land Area - 556.4 sqm approx. (as per DP)
* Wide - 16.148 metre frontage approx.
* Zoned R2 Low Density Residential
* Currently leased, providing immediate rental income
* Renovate and live In
* Knock down and build your dream home (subject to council approval)
* Duplex potential (subject to council approval)
* 550 metres approx. to Greystanes Shopping Centre
* 300 metres approx. to Holroyd High School
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 8,391 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:
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