68/68a Hanbury St, Greystanes is a 5 bedroom, 2 bathroom House with 1 parking spaces. The property has a land size of 556m2. While the property is not currently for sale or for rent, it was last sold in November 2024. There are other 5 bedroom House sold in Greystanes in the last 12 months.
This remarkable property presents a rare investment opportunity with an approved Dual Occupancy, yielding an impressive annual rental return of $57,720. Its prime location and substantial 24.15-meter frontage facilitate the construction of two distinct homes, offering a unique chance for astute investors or buyers seeking multi-generational living arrangements.
Both residences have been fully tenanted for several years, underscoring their strong rental appeal. Conveniently located near the M4 Motorway and Cumberland & Great Western Highways, this property combines accessibility with substantial potential.
Home One:
Home Two:
Contemporary two-bedroom design
Built-in wardrobes
Modern kitchen with ample bench space
Separate formal and dining areas
Stylish bathroom
Air conditioning
High-quality appliances
Abundant natural light
Private yard
Attached single garage
Rainwater tank
This property is a must-see for investors seeking dual-income potential with high rental returns, as both homes are currently under fixed leases.
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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 8,392 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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