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Sold on 06 Nov 2024 for $1,345,000

68/68A Hanbury Street
Greystanes NSW 2145

Bedrooms: 5
Bathrooms: 2
Car spaces: 1
Land area: 556m2
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Property Details for 68/68a Hanbury St, Greystanes

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.

Building Type
House
Land Size
556m2
Local Government
Cumberland

Last Listing description (December 2024)

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:

Single-level layout with versatile options
Three bedrooms with built-in wardrobes
Generous living areas, including a formal lounge
Gas heating outlet
Kitchen featuring gas cooking and a walk-in pantry
Air conditioning
Ample storage space

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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Property History for 68/68a Hanbury St, Greystanes, NSW 2145

A timeline of how this property has performed in the market
Last Sold
$1,345,000
06 Nov 2024
  • 06 Nov 2024
    Sold for $1,345,000
  • 23 Sep 2024
    Listed for Sale Price Guide | $1,300,000

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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 8,406 properties. Over the last 5 years, Houses in Greystanes have seen a 69.53% increase in median value, while Units have seen a 25.63% increase. As at 30 November 2024:

  • The median value for Houses in Greystanes is $1,341,021 while the median value for Units is $732,975.
  • Houses have a median rent of $745 while Units have a median rent of $590.
There are currently 29 properties listed for sale, and 24 properties listed for rent in Greystanes on OnTheHouse. According to CoreLogic's data, 358 properties were sold in the past 12 months in Greystanes.

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