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23 & 25 Reynolds Street, Bankstown, NSW 2200 Sold
23 & 25 Reynolds Street, Bankstown, NSW 2200 23 & 25 Reynolds Street, Bankstown, NSW 2200-Image 23 & 25 Reynolds Street, Bankstown, NSW 2200-Image 23 & 25 Reynolds Street, Bankstown, NSW 2200-Image 23 & 25 Reynolds Street, Bankstown, NSW 2200-Image 23 & 25 Reynolds Street, Bankstown, NSW 2200-Image 23 & 25 Reynolds Street, Bankstown, NSW 2200-Image 23 & 25 Reynolds Street, Bankstown, NSW 2200-Image 23 & 25 Reynolds Street, Bankstown, NSW 2200-Image 23 & 25 Reynolds Street, Bankstown, NSW 2200-Image 23 & 25 Reynolds Street, Bankstown, NSW 2200-Image 23 & 25 Reynolds Street, Bankstown, NSW 2200-Image 23 & 25 Reynolds Street, Bankstown, NSW 2200-Image 23 & 25 Reynolds Street, Bankstown, NSW 2200-Image 23 & 25 Reynolds Street, Bankstown, NSW 2200-Image 23 & 25 Reynolds Street, Bankstown, NSW 2200-Image 23 & 25 Reynolds Street, Bankstown, NSW 2200-Image 23 & 25 Reynolds Street, Bankstown, NSW 2200-Image 23 & 25 Reynolds Street, Bankstown, NSW 2200-Image 23 & 25 Reynolds Street, Bankstown, NSW 2200-Image 23 & 25 Reynolds Street, Bankstown, NSW 2200-Image 23 & 25 Reynolds Street, Bankstown, NSW 2200-Image

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

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

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

THE DEAL: Double the Opportunity - A Prime High-Density Development Site

23 & 25 Reynolds Avenue, Bankstown

Attention investors, developers, and savvy land-bankers! An extremely rare opportunity has arrived to secure two side-by-side properties in a high-growth pocket of Bankstown. Boasting a combined land area of 1,046sqm with High-Density Residential zoning, this is the ultimate strategic acquisition for those looking to capitalize on the area’s evolving skyline.

ON OFFER:
Whether you choose to hold and reap the rental rewards or move forward with a multi-dwelling project (STCA), these renovated homes ensure immediate cash flow with zero work required.

Property 1: 23 Reynolds Avenue, Bankstown
Modern Comfort & Solid Foundations
This charming full-brick residence has been meticulously updated, offering a "turn-key" solution for tenants or homeowners.

• The Build: Solid brick construction on a level 448sqm block.
• The Interiors: Freshly painted throughout with brand-new flooring that flows through the sun-drenched living spaces.
• Kitchen & Bath: A stylishly updated kitchen ready for the home chef.
• Features: 3 spacious bedrooms, 1 neat bathroom, and a secure lock-up garage. 

Property 2: 25 Reynolds Avenue Bankstown
Space, Style & Massive Potential
Sitting on a larger 598sqm allotment, this fibro-character home has undergone a complete contemporary transformation.

• Premium Upgrades: Features stunning polished timber floors and a crisp, fresh color palette.
• The Layout: 3 oversized bedrooms, all equipped with built-in wardrobes.
• Modern Amenities: Boasts a updated-new kitchen and a designer bathroom.
• Bonus Value: Includes a secure lock-up garage plus a large storage shed at the rear—perfect for a workshop or extra storage.

STANDOUT:
Investment & Development Highlights
• Zoning: High-Density Residential – perfect for future high-rise or townhouse development (STCA).
• Total Land: A massive 1,046sqm combined footprint.
• Immediate Income: Both properties are fully renovated, meaning you can achieve premium rental yields from day one while you plan your next move.

Proximity & Transport
• Bankstown CBD & Station: Approximately 800m – 1km (roughly a 10–12 minute walk). This provides direct access to the upcoming Sydney Metro City & Southwest line. 
• Shopping: Bankstown Central and Little Saigon Plaza are within a 12-minute walk, offering hundreds of retail outlets, supermarkets, and dining options. 
• Education Hub: Just over 1km to the state-of-the-art Western Sydney University (Bankstown City Campus) and TAFE NSW Bankstown, ensuring high rental demand from students and professionals.
Local Schools
Both properties sit within a highly accessible school catchment area:
• Yagoona Public School: ~400m – 600m (very close for families). 
• Bankstown Girls High School: ~1.1km. 
• La Salle Catholic College: ~600m.
• Al Amanah College: ~400m – 700m.
Lifestyle & Services
• Parks: A short stroll to Griffith Park and Paul Keating Park for green space. 
• Childcare: Exceptionally convenient, with Bankstown Early Learning Centre virtually on the same street (approx. 200m away).
• Healthcare: Close proximity to local medical clinics and the Bankstown-Lidcombe Hospital.

Buy one, or secure the pair to unlock the true potential of this massive land holding.

OBVIOUS:
📞 Get in touch to the team at VinaOpera Realestate for more information or to book a private inspection:
Harry Truong 0️⃣4️⃣2️⃣3️⃣0️⃣4️⃣0️⃣0️⃣1️⃣0️⃣

Disclaimer: VinaOpera Realestate and its directors, officers, and employees believe that the information contained herein is gathered from sources which we deem to be reliable. However, no representation or warranties of any nature whatsoever are given, intended, or implied. Any interested parties should rely on their own inquiries and investigations to verify the accuracy of the information provided. All images and dimensions are for illustrative purposes only.
Type
House
Bedrooms
6
Bathrooms
2
Parkings
2
Area
1,046 m²

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