33 Toongabbie Rd, Toongabbie is a 3 bedroom, 1 bathroom House and was built in 1950. The property has a land size of 702m2 and floor size of 103m2. While the property is not currently for sale or for rent, it was last sold in June 2023.
Motivated seller, will meet the market. Including a brilliant design concept for a 27 Room Co-Living preciously known as a Boarding House.
This is perfect for the owner/builder located in the adjoining business precinct. With level walking access to local schools, shops and train station, this is a golden opportunity not to be missed.
What we Love:
- Potential for high rent yield
- Huge demand for accommodation
- Currently rented for $450 per week
- Design Concept for 27 Room Co-Living Development. Plans available upon request
- 500 metre walk to station
- 695sqm total land size
- Floor Square Ration (FSR) 1-1.2
- R4 Highrise Zoning
- Alternative uses include Shop Top Housing, Medical Centre (Subject to Council Approval)
Truly a unique boutique development opportunity. Must be sold on or before auction.
Disclaimer: All information contained herein is gathered from sources we believe to be reliable. However, we cannot guarantee its accuracy; we do not accept any responsibility for its accuracy. Any interested persons should rely on their own enquiries.
The size of Toongabbie is approximately 4.7 square kilometres. It has 28 parks covering nearly 19.4% of total area. The population of Toongabbie in 2011 was 13,003 people. By 2016 the population was 14,327 showing a population growth of 10.2% in the area during that time. The predominant age group in Toongabbie is 30-39 years. Households in Toongabbie are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Toongabbie work in a professional occupation. In 2011, 69.7% of the homes in Toongabbie were owner-occupied compared with 66.7% in 2016.
Toongabbie has 6,389 properties. Over the last 5 years, Houses in Toongabbie have seen a 67.40% increase in median value, while Units have seen a 13.30% increase. As at 31 October 2024:
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