31 Rosemont Street South, Punchbowl, NSW 2196

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House
Type
5
Bedrooms
2
Bathrooms
3
Parkings
682.9 m²
Area

Last updated on Thursday, July 02, 2026 ( See property details for 31 Rosemont Street South, Punchbowl, NSW 2196)

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

A versatile dual-income family home with redevelopment potential, ideally located near Punchbowl Station and local amenities in Sydney's thriving urban zone.

🏡 Property Highlights

  • Dual-income property with immediate rental returns of $1,275 per week
  • Potential for redevelopment (STCA) on a substantial 682sqm R4 zoned block
  • Located just 650m from Punchbowl Station and local amenities
  • Includes a well-maintained original residence with modern granny flat
  • Close to major shopping centres and Sydney Metro services
  • Excellent long-term growth prospects within a significant urban transformation zone

✨ Key Features

  • Garage
  • Air Conditioning
  • Ensuite
  • Outdoor Area
  • Built-in Robes
  • Dishwasher
  • Open-Plan Living
  • Waterfront / Views
  • Security Screens / Gates
  • Internal Laundry

Punchbowl is a vibrant suburb renowned for its diverse community, excellent transport links, and proximity to major shopping centres. It offers a mix of established homes and development opportunities, making it ideal for investors and families alike. The area benefits from easy access to Sydney Metro services, local parks, and quality schools, ensuring a convenient and connected lifestyle. With ongoing urban renewal projects, Punchbowl presents promising long-term growth prospects for residents and investors.

What are the current rental yields for the main residence and granny flat?
The main residence is leased at $700 per week, and the granny flat at $575 per week, providing a combined rental income of $1,275 per week.
What redevelopment options are available for this property?
The property is R4 zoned on a 682sqm block with a 15.24m frontage, offering potential for redevelopment subject to council approval (STCA).
How close is the property to public transport and amenities?
The property is approximately 650 meters from Punchbowl Station, with nearby schools, shopping centres, parks, and the upcoming Sydney Metro line providing excellent connectivity.
Are there any restrictions or approvals needed for future development?
Yes, any redevelopment or subdivision would require approval from the local council, and potential buyers should consult with planning authorities for specific requirements.
What is the condition of the original residence and granny flat?
The original residence is well-presented with classic features, while the granny flat is near new, self-contained, and in excellent condition.
Are there any existing easements, covenants, or zoning restrictions that could affect redevelopment plans? Has the property been affected by any flooding or bushfire risks in the past? Are there any upcoming planning or development proposals in the area that could impact the property’s value? What are the strata or council rates, and are there any additional fees or levies? Are there any known defects or repairs needed for the original residence or granny flat? Is there any history of pest infestations or structural issues? Are there any restrictions on future extensions or modifications to the property? What are the terms of the current leases, and when are they due for renewal? Are there any planned infrastructure projects nearby that could cause noise or disruption? Is the property compliant with all local building codes and regulations?

31 Rosemont Street South, Punchbowl, NSW 2196 - More Details

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Lucrative home and granny-flat set on a 682.9sqm parcel with R4 zoning in a rapidly transforming hub

Set on a substantial 682.9sqm parcel with a 15.24m frontage and R4 zoning offering redevelopment potential subject to council approval, this versatile property presents an exceptional dual-income and development opportunity in a highly convenient setting. The original brick residence is complemented by a newly constructed granny flat, offering immediate rental returns alongside exciting scope for future redevelopment. Positioned within 650m of Punchbowl Station, local schools and village shops, the property combines flexibility, income potential and long-term growth. This is your chance to secure a high-yield asset within one of Sydney's most significant urban transformation zones.

- Well-presented original residence with separate living/dining areas plus a sunroom
- The retro kitchen enjoys an in-built breakfast bar, cupboards and overhead storage
- Three generous bedrooms in the primary home, all fitted with built-in wardrobes
- Original blue-hued bathroom with pink fittings offers a separate bath and shower
- Separate guest w/c, air-conditioning and internal laundry for added convenience
- Near new self-contained granny flat features two bedrooms and a study, granite kitchen, tiled bathroom and open living/dining area
- Polished tiles, neutral hues and air-conditioning, currently leased at $575 per week
- R4 zoning on a 682sqm block with a 15.24m frontage, wealth of potential (STCA)
- Extended driveway leads to a single lock-up garage, additional off-street parking
- Easy walk to Punchbowl Station, Wiley Park Public School, shopping and parks
- Close to Chullora Marketplace, Bankstown Central and Sydney Metro services
- Massive Dual Income: Returning a combined $1,275 per week. The main residence earning $700 per week, and granny flat earning $575 per week - both are currently tenanted provide the ultimate "buy and hold" cashflow opportunity.
- Future-Proof Connectivity: A short, level stroll to Punchbowl Station and the upcoming Sydney Metro City & Southwest line, offering fast, high-frequency services to the CBD and beyond.

DISCLAIMER: While PACE Property Agents have taken all care in preparing this information and used their best endeavours to ensure that the information contained therein is true and accurate, but accept no responsibility and disclaim all liability in respect of any errors, inaccuracies or misstatements contained herein. PACE Property Agents urges prospective purchasers to make their own inquiries to verify the information contained herein.
Type
House
Bedrooms
5
Bathrooms
2
Parkings
3
Area
682.9 m²

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