2 Dowding Street, Panania, NSW 2213

Forthcoming Auction unless sold prior

House
Type
7
Bedrooms
2
Bathrooms
1
Parkings
600.7 mΒ²
Area

Published on Friday, September 25, 2026 ( See property details for 2 Dowding Street, Panania, NSW 2213)

Forthcoming Auction unless sold prior

  • AI-generated summary for guidance only. We can’t guarantee accuracy -please verify all details independently before deciding.

A versatile family home and granny flat on a large block with development potential, located in a sought-after Panania neighbourhood with strong rental income and excellent amenities.

🏑 Property Highlights

  • Substantial 600.7sqm parcel with excellent duplex development potential, subject to council approval.
  • Currently generating strong rental income of approximately $84,240 annually from a 5-bedroom house and 2-bedroom granny flat.
  • Leased properties with immediate investment return: house at $995/week and granny flat at $625/week.
  • Ideal family setting with partly renovated, low-maintenance, and modern interiors, including floating floors and contemporary lighting.
  • Prime location within walking distance to schools, shops, train station, parks, and university, offering excellent connectivity.
  • Spacious single-storey residence with five large bedrooms, built-in wardrobes, and open-plan living areas.

✨ Key Features

  • Built-in Robes
  • Open-Plan Living
  • Outdoor Area
  • Secure Parking
  • Fly Screens
  • Water tank
  • Ceiling Fans
  • Fully fenced
  • Outdoor Area / Balcony
  • Garage / Secure Parking
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2 Dowding Street
Panania, NSW 2213
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Vertical aerial view β€” 2 Dowding Street
2 Dowding Street — Vertical Aerial  •  Panania, NSW 2213  •  Nearmap © 2026

Panania is a highly sought-after suburb known for its family-friendly environment, excellent schools, and convenient access to transport and shopping. The area boasts peaceful streets, parks, and community amenities, making it ideal for families and investors alike. Its proximity to major transport links and local amenities ensures a vibrant lifestyle with excellent growth potential.

What is the current rental income and lease terms for the property?
The house is leased at $995 per week from 10/10/2026, and the granny flat is leased at $625 per week from 14/10/2026, providing a combined annual rental income of approximately $84,240.
What development opportunities does the property offer?
The 600.7sqm parcel has excellent duplex development potential, subject to council approval, making it a promising investment for builders and developers.
Are there any recent renovations or updates to the property?
Yes, both the house and granny flat feature modern interiors, including floating floors, contemporary lighting, and updated kitchens and bathrooms.
What amenities are nearby?
The property is within walking distance to schools, shops, train station, parks, and the University of Western Sydney, with quick access to Revesby and Bankstown shopping precincts.
Is the property secure and low-maintenance?
Yes, the property is fully fenced with side gates, secure parking, and low-maintenance yards, ideal for busy families or investors.
Are there any planning or zoning restrictions that could affect future development or renovations? Has the property been inspected for structural issues or pests? Are there any easements, covenants, or restrictions on the land? What are the council rates and any additional levies or fees? Is there any history of flooding or bushfire risk in the area? Are there any upcoming developments or construction projects nearby that could impact the property? What are the terms of the current leases, and are there any rent review clauses? Are there any strata or community title considerations, if applicable? What are the ongoing maintenance costs for the property? Is the property compliant with all local building codes and regulations?

2 Dowding Street, Panania, NSW 2213 - More Details

Forthcoming Auction unless sold prior

Presenting an outstanding opportunity for investors, builders and developers, 2 Dowding Street, Panania occupies a substantial 600.7sqm parcel with an impressive frontage exceeding 15 metres and excellent duplex development potential, subject to council approval.

Currently the 5 bedroom house & 2 bedroom granny flat is generating a strong annual rental income of approx. $84,240, the property offers an immediate investment return while plans for its future are considered. A rare opportunity to secure a high-performing asset with significant development potential in a sought-after location. Be quick to register your interest today.

HOUSE - Leased @ $995 per week from 10/10/26

Partly renovated in an ideal family setting, only a very short walk to nearby school, shops and train station.

This spacious single storey 5 bedroom family residence offers you comfortable living, lots of charm and is perfectly positioned within a prized quiet street only a short stroll from Panania North Public School, popular Killara Reserve and child-friendly parks.

It's coveted Panania North locale ensures it only a short 1.2km walk to Panania train station (approx. 14 min walk), Village shops, bus transport, University of Western Sydney as well as a few minutes drive to Revesby's shopping precinct and Bankstown Central. Everything you need just around the corner!

A rare find, be inspired by it's peaceful surrounds, ideal family neighbourhood, sunny low maintenance yard and updated interiors.

HIGH POINTS

Recently painted, floating floors throughout, contemporary lighting throughout, built-in wardrobes in all 5 bedrooms, reverse cycle air-conditioner and open plan kitchen

Five (5) bedrooms, King & Double sized, all with mirrored built-in robes

Spacious separate living room with European floating flooring and large family room at rear

Open plan kitchen, family and dining room, filled with direct sunlight overlooking backyard

Original style bathroom with combined bath, shower & skylight

Second external toilet in outdoor laundry area

Covered alfresco area adjoins child friendly and level backyard

Single garage and plenty of off-street parking (3-4 cars) in long driveway

Fully secure property with side gates and fully fenced surrounds

Low maintenance living & great investment

GRANNY FLAT - Leased @ $625 per week from 14/10/26

Built in 2018 with contemporary finishing

Picture Perfect Battleaxe Granny Flat - Totally private with your own separate access, this 2 bedroom granny flat is situated in an ideal family setting, only a very short walk to nearby primary school, shops, train station & University.

A rare find as nothing else compares, be inspired by it's peaceful surrounds, ideal family neighbourhood, sunny low maintenance yard and modern interiors.

HIGH POINTS

Good paint, floating floors throughout, LEG lighting, built-in mirrored wardrobes, Daikin a/c reverse cycle air-conditioner, stylish bathroom and state of the art polyurethane kitchen with stone bench tops

Huge Bedrooms - King & Double sized, both with mirrored built-in robes

Contemporary bright open plan living & dining combined with this brilliant polyurethane kitchen that consists of gas cooking, stone bench tops & soft closing cupboards/drawers

Complete bathroom with combined laundry, large shower, vanity and toilet

Covered alfresco/patio deck, sunny and peaceful

Private & totally child friendly and level grassed yard with private deck at rear

Rainwater tank, instantaneous gas hot water, clothes line & much more

Low maintenance living, plenty of street parking available

Ideal investment

Agents Interest - The selling agent is the owner of the property


NB: Every precaution has been taken to establish accuracy of the information but does not constitute any representation by the vendor or real estate agent. All interested parties should make their own inquiries as to its accuracy.
Type
House
Bedrooms
7
Bathrooms
2
Parkings
1
Area
600.7 mΒ²

Map & nearby places — 2 Dowding Street, Panania, NSW 2213

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