35 Matthews Street, Punchbowl, NSW 2196

Bedrooms
14
Bathrooms
14
Parkings
6
Area
983m2
Type
House

Last updated on Saturday, May 18, 2024

$5,000,000

35 Matthews Street, Punchbowl, NSW 2196 - More Details

$5,000,000

Introducing a remarkable opportunity to acquire a substantial block of 6 townhouses in the highly sought-after locale of Punchbowl. This unique offering presents both an immediate income stream and significant future development potential.

Occupying a generous land area of 983sqm with a wide 20.42m frontage, this property has been intelligently designed as a strata scheme comprising of 6 three-bedroom townhouses. Currently generating an impressive rental income of approximately $5,240 per week, this investment opportunity is too good to pass up.

The property's highly desired R4 zoning opens the door for extensive development possibilities (STCA), making it an attractive prospect for developers and savvy investors alike. The potential to capitalise on this rare offering is immense, given the increasing demand for medium-high rise housing in the area as part of the Sydenham to Bankstown Corridor Strategy.

Strategically located, this property enjoys the convenience of being just a short walk away from Punchbowl station and the bustling Punchbowl shopping precinct. This prime location, coupled with the property's development potential, positions it as an exceptional investment or development project.

Don't miss out on this rare chance to secure a high-yielding property with outstanding development prospects in a thriving Sydney suburb. Contact the exclusive selling agents for more information about this exceptional offering.
Type
House
Bedrooms
14
Bathrooms
14
Parkings
6
Area
983m2

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35 Matthews Street Punchbowl NSW 2196

Property FAQs

What is the current asking price for the 35 Matthews Street, Punchbowl, NSW 2196?

Strathfield Partners - Strathfield has not listed a sale price for 35 Matthews Street, Punchbowl, NSW 2196. Contact the agent for a price guide.

How many bedrooms does the property listed 35 Matthews Street, Punchbowl, NSW 2196 feature?

35 Matthews Street, Punchbowl, NSW 2196 is a 14 bedroom House.

What are the standout features of the 35 Matthews Street, Punchbowl, NSW 2196?

Explore all key property features for 35 Matthews Street, Punchbowl, NSW 2196. Click here to find out more.

What is the total land area and built-up area of the 35 Matthews Street, Punchbowl, NSW 2196?

The total land area and built-up area of the 35 Matthews Street, Punchbowl, NSW 2196 have not been disclosed. To find detailed information on the total land area and built-up area, contact the agent.

How many vehicles can be accommodated in the parking area of the 35 Matthews Street, Punchbowl, NSW 2196?

35 Matthews Street, Punchbowl, NSW 2196 can accommodated 6 vehicles in the parking area.

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