23 & 25 Reynolds Street, Bankstown, NSW 2200

$2,800,000

House
Type
6
Bedrooms
2
Bathrooms
2
Parkings
1,046 m²
Area

Last updated on Monday, July 06, 2026 ( See property details for 23 & 25 Reynolds Street, Bankstown, NSW 2200)

$2,800,000

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A rare high-density development opportunity featuring two fully renovated homes in a prime Bankstown location with excellent rental and future development potential.

🏡 Property Highlights

  • Prime high-density development site with combined land area of 1,046sqm
  • Two fully renovated, income-generating properties ready for immediate rental
  • Excellent location within walking distance to Bankstown CBD, station, and shopping precincts
  • Potential for multi-dwelling development (STCA) in a high-growth area
  • Close proximity to educational institutions including Western Sydney University and TAFE NSW
  • Strong rental demand due to nearby schools, parks, and healthcare facilities

✨ Key Features

  • Garage
  • Built-in Robes
  • Open-Plan Living
  • Outdoor Area
  • Waterfront / Views
  • Security Screens / Gates
  • Fly Screens
  • NBN / High-Speed Ready
  • Extra Storage (Shed/Linen)
  • Pet-Friendly

Bankstown is a vibrant and rapidly growing suburb offering excellent connectivity, diverse amenities, and strong educational institutions. Its strategic location provides easy access to transport, shopping, and green spaces, making it highly desirable for both residents and investors. The area’s high-density zoning supports future development, promising significant growth potential. With a mix of established homes and new projects, Bankstown is an ideal location for long-term investment. The community-focused environment and proximity to key services make it a highly attractive place to live and work.

What is the zoning for these properties and what does it allow?
The properties are zoned High-Density Residential, allowing for future high-rise or townhouse development subject to council approval (STCA).
Are the properties currently rented, and what is the rental potential?
Both properties are fully renovated and ready for immediate rental, offering strong rental yields due to their location and condition.
What are the future development possibilities on this site?
The combined landholding offers significant potential for multi-dwelling development, including townhouses or apartments, subject to council approval.
Are there any planning restrictions or overlays affecting the site?
The site is designated for high-density residential development; however, specific restrictions or overlays should be confirmed with local council planning regulations.
What are the nearby amenities and transport options?
The properties are within walking distance to Bankstown CBD, station, shopping centers, schools, parks, and healthcare facilities, providing excellent lifestyle convenience.
Are there any existing planning permits or approvals for development on the site? Are there any easements, covenants, or zoning restrictions that could impact future development? What are the potential costs associated with council approvals and development applications? Is there any history of flooding, bushfire risk, or environmental concerns on the land? Are there any upcoming construction projects or planning activities in the vicinity that could affect the property’s value or livability? What are the strata or community title considerations, if applicable? Are there any hidden costs related to the current properties, such as outstanding maintenance or council rates? Is the land free from any legal encumbrances or disputes? What is the condition of the existing structures, and are there any defects or repairs needed? Are there any restrictions on property use or future subdivision due to local planning policies?

23 & 25 Reynolds Street, Bankstown, NSW 2200 - More Details

$2,800,000

Type
House
Bedrooms
6
Bathrooms
2
Parkings
2
Area
1,046 m²

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