SOLD
Sold on 16 Mar 2024 for $1,525,000

41 Dravet Street
Padstow NSW 2211

Bedrooms: 4
Bathrooms: 4
Car spaces: 1
Floor area: 250m2
Land area: 687m2
Sold By
First National Real Estate David Kay Belmore
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Property Details for 41 Dravet St, Padstow

41 Dravet St, Padstow is a 4 bedroom, 4 bathroom House with 1 parking spaces. The property has a land size of 687m2 and floor size of 250m2. While the property is not currently for sale or for rent, it was last sold in March 2024. There are other 4 bedroom House sold in Padstow in the last 12 months.

Building Type
House
Floor Size
250m2
Land Size
687m2
Local Government
Canterbury-Bankstown
Lot/Plan
23/DP29169

Last Listing description (March 2024)

Unlock the potential of this property with a value-add opportunity awaiting your creative vision.

Whether you're considering a renovation or a complete re-development into a duplex or family home, this prestigious parcel of 683sqm* with a generous 15.3m* frontage offers endless possibilities.

The existing structure features a recently updated main bathroom, three (3) bedrooms, an open living and dining area, and a kitchen that has been partially renovated with materials ready for installation. Additionally, enjoy the spaciousness of the extra-large yard, wide driveway access to a large lawn area, and a lock-up garage with ample space for four (4) cars.

Conveniently positioned just a 650m* walk to Playford Park and 1400m* to Padstow station, this property presents an excellent opportunity to create a set of luxury duplexes, a stunning residence, or simply renovate the existing home (STCA).

Key Features:
-Blank canvas on a substantial 683sqm* parcel with a generous 15.3m* frontage
-Zoned R2 Low Density Residential*
-Scope to develop as a single home, duplexes, or renovate
-Value add opportunity

All re-development is subject to council approval, providing flexibility for your vision to come to life.

Auction: On-Site Saturday 16th March 2024 at 2:30pm
Inspect: Saturday 1pm to 1:30pm, by appointment or as advertised on-line
Details: Philip Madirazza on 0412 491 151 or philip@dkfn.com.au

Don't miss out on this prime opportunity to make your mark on this desirable property. Enquire now to seize this chance to shape your dream home or investment project.

*denotes guide and approx. only

DISCLAIMER: Whilst all care has been taken in compiling information regarding properties marketed for rent or sale, we accept no responsibility and disclaim all liabilities in regard to any errors or inaccuracies contained herein. All parties should rely on their own investigation to validate information provided.

Property History for 41 Dravet St, Padstow, NSW 2211

A timeline of how this property has performed in the market
Last Sold
$1,525,000
16 Mar 2024
  • 16 Mar 2024
    Sold for $1,525,000
  • 19 Feb 2024
    Listed for Sale Not Disclosed
  • 17 Feb 2024
    Sold
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About Padstow 2211

The size of Padstow is approximately 5.5 square kilometres. It has 20 parks covering nearly 10.9% of total area. The population of Padstow in 2011 was 12,716 people. By 2016 the population was 13,287 showing a population growth of 4.5% in the area during that time. The predominant age group in Padstow is 50-59 years. Households in Padstow are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Padstow work in a professional occupation. In 2011, 70% of the homes in Padstow were owner-occupied compared with 67.2% in 2016.

Padstow has 6,244 properties. Over the last 5 years, Houses in Padstow have seen a 67.89% increase in median value, while Units have seen a 31.27% increase. As at 31 October 2024:

  • The median value for Houses in Padstow is $1,482,283 while the median value for Units is $913,586.
  • Houses have a median rent of $798 while Units have a median rent of $590.
There are currently 21 properties listed for sale, and 24 properties listed for rent in Padstow on OnTheHouse. According to CoreLogic's data, 274 properties were sold in the past 12 months in Padstow.

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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.