SOLD
Sold on 02 Jul 2024 for $1,190,000

567A Great Western Highway
Greystanes NSW 2145

Bedrooms: 12
Bathrooms: 7
Car spaces: 3
Floor area: 106m2
Land area: 778m2
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Property Details for 567a Great Western Hwy, Greystanes

567a Great Western Hwy, Greystanes is a 12 bedroom, 7 bathroom House with 3 parking spaces. The property has a land size of 778m2 and floor size of 106m2. While the property is not currently for sale or for rent, it was last sold in July 2024. There are other 12 bedroom House sold in Greystanes in the last 12 months.

Building Type
House
Floor Size
106m2
Land Size
778m2
Local Government
Cumberland
Lot/Plan
10/DP236996

Last Listing description (November 2023)

Attention all astute investors and developers! We are thrilled to present a unique opportunity at 567a Great Western Highway, Greystanes NSW. This remarkable property offers a winning combination of location, development potential, and immediate rental income. Prepare to be impressed!
The property currently features a charming house comprising of three bedrooms, one bathroom and two kitchen areas. The home is tenanted for a healthy $580 per week, providing you with a steady income stream.
This property rests on a huge 771.4 sqm block of land and comes with the added advantage of a Development Approval (DA) for two double storey free-standing homes plus a granny flat - a unique proposition that's hard to find, offering the perfect blend of immediate income as well as the long-term

growth potential.

Current House Features

- 3 bedrooms, 1 bathroom
- 2 separate kitchens
- Large yard space
- Current rental income of $580 per week

DA Property Features

- Approved for 2 double storey free-standing homes & 1 granny flat
- Excellent location along Great Western Highway
- Close proximity to local amenities and public transport

Home 1 -

Lot size 450 sqm
5 bedrooms
3 bathrooms
2 living spaces
large alfresco entertaining areas
Double Garage
2 bedroom, 1 bathroom granny flat with courtyard

Home 2 -

Lot Size 321.4 sqm
5 bedrooms
3 bathrooms
2 living spaces
Large alfresco entertaining areas
Single Garage

Opportunities like this are rare and highly sought-after. Whether you're an experienced investor or a first time buyer looking to make a smart investment, 567a Great Western Highway has the potential to transform your property portfolio and secure your financial future.

For more detailed information or to arrange a viewing, please don't hesitate to contact
Johnny at 0425 202 445 or email us.

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Property History for 567a Great Western Hwy, Greystanes, NSW 2145

A timeline of how this property has performed in the market
Last Sold
$1,190,000
02 Jul 2024
Listed for Rent
$580/w
16 Mar 2023
  • 02 Jul 2024
    Sold for $1,190,000
  • 27 Feb 2023
    Listed for Rent $580 / week
  • 11 Oct 2021
    Listed for Sale Price Guide $1,350,000 - $1,400,000
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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 8,388 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 40 properties listed for sale, and 26 properties listed for rent in Greystanes on OnTheHouse. According to CoreLogic's data, 349 properties were sold in the past 12 months in Greystanes.

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