Potential for dual income with 15.24 m Frontage - 670m²

For Sale

32 Parmal Avenue, Padstow, NSW, 2211

Potential for dual income with 15.24 m Frontage - 670m²

House

Type

Bedrooms

Bathrooms

Parkings

Published on Thursday, April 02, 2026 ( See property details for 32 Parmal Avenue, Padstow, NSW, 2211)

$1,625,000 - $1,700,000

David Loaney - Real Estate Agent - LJ Hooker - Padstow

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AI Property Insight

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

A versatile and conveniently located family home with development potential, offering dual living options and strong income prospects in Padstow.

🏡 Property Highlights

Prime location just 600 metres from Padstow's heart, offering exceptional convenience.
Potential for granny flat development on a generous 670 sqm parcel with 15.24 m frontage.
Dual living options with a main home and a separate teenage retreat at the rear.
Strong rental income potential of approximately $750 per week.
Wide side access and secure gates ideal for tradies and off-street parking.
Close to cafes, shops, schools, and Padstow Station, perfect for families and investors.

✨ Key Features

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

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32 Parmal Avenue

Padstow, NSW 2211

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Suburb and Property Insights of Padstow, NSW 2211

Padstow is a vibrant suburb renowned for its convenient access to transport, shopping, and educational facilities. It offers a family-friendly environment with a mix of established homes and development opportunities. The area boasts excellent connectivity to Sydney CBD via train, along with local cafes, parks, and community amenities. Its strong growth potential makes it a sought-after location for both investors and families seeking a balanced lifestyle.

Frequently Asked Questions

What is the current condition of the property and are there any recent renovations?

The property is well-maintained with spacious interiors and a practical layout, with no recent renovations specified but ready for immediate occupancy or further development.

Is there potential to build a granny flat or additional dwelling on the property?

Yes, the 663 sqm block with 15.24 m frontage offers potential for granny flat development, subject to council approval (STCA).

What are the zoning restrictions and development opportunities for this property?

The property is zoned R4 with a 1:1 floor space ratio, providing strong land banking potential and development opportunities subject to council approval.

Are there any known planning or building restrictions in the area?

The property is within R4 zoning, which allows for multiple development options, but specific restrictions should be confirmed with local council.

What are the nearby amenities and transport options?

The property is within a 6-minute walk to Padstow train station, shops, cafes, schools, and local amenities, ensuring excellent connectivity.

What to ask about this property to agent?

Are there any easements, zoning restrictions, or planning overlays that could affect future development or renovations? Has the property been affected by any flooding, bushfire risks, or environmental hazards? Are there any outstanding council or strata fees, or restrictions on the property? Is there any ongoing or upcoming construction or planning activity in the vicinity that could impact the property? Are there any known issues with the property's structure, plumbing, or electrical systems?

32 Parmal Avenue, Padstow, NSW, 2211 - More Details

Potential for dual income with 15.24 m Frontage - 670m²

Set in a tightly held cul-de-sac just 600 metres from the heart of Padstow, this charming residence combines exceptional convenience with rare development potential. Positioned on a generous 670 sqm parcel with a 15.24 m frontage, this property offers a wealth of opportunity for astute buyers - from investors seeking long-term gains to families wanting flexibility and space in a prime location. The main home offers comfortable, low-maintenance living, featuring spacious interiors and a practical layout ideal for growing families. A separate teenage retreat at the rear provides added versatility, perfect for in-laws, extended family, or a potential dual-income investment (STCA). Tradies will also appreciate the wide side access and secure gates, making off-street storage and access to the rear yard a breeze. With R4 zoning and a 1:1 floor space ratio, this is an opportunity to secure a high-potential site within walking distance to cafes, shops, schools and Padstow Station. Potential return of approximately $750 per week, the property promises both immediate income and impressive future growth potential - a rare combination in today's market. Features include: - Spacious lounge and dining zones with abundant natural light - Well-maintained kitchen and main bathroom, plus second bathroom at rear - R4 zoning and 1:1 ratio ï¿½ land bank now with strong capital upside - Approx. rental return of $750 per week - Granny flat potential on a 663 sqm block with 15.24 m frontage (STCA) - Front home features 2 large bedrooms plus separate Large teenage retreat at rear - Dual, child-friendly backyards with privacy and space - Wide side access with secure gates ï¿½ ideal for trades or additional parking - Just a 6-minute walk to Padstow train station, shops, and local amenities Disclaimer: All information contained herein is gathered from sources we believe reliable. We have no reason to doubt its accuracy, however we cannot guarantee it. All interested parties should make and rely upon their own enquiries.

Type: House
Bedrooms: 2
Bathrooms: 2
Parkings: 2

Map & nearby places — 32 Parmal Avenue, Padstow, NSW, 2211

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