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  • 37A Lancaster Avenue, PUNCHBOWL, NSW 2196

37A Lancaster Avenue, Punchbowl, NSW 2196

  • 5 Bed
  • 3 Bath
  • 5garages

Sold

Sold for $1,310,000 (Jul 01, 2022)

INVESTORS DREAM | MULTI-DWELLING

Welcome to 37A Lancaster Avenue, Punchbowl On offer is a rare find in the form of a multi-dwelling property, which includes a fully-renovated 3 Bedroom House with both a Detached 2 Bedroom Grany Flat and Detached Studio, both brand new. Take advantage of this incredible opportunity to achieve a yield far greater than the suburb average, or keep the main house for yourself and enjoy potential dual income! The double-brick, double-insulated main house provides a wonderfully spacious floorplan and double garage. Entering from your covered front porch, you'll be greeted by your generously sized living space that provides endless options for furniture layout. The modern floating floors lead you into your vast open-plan kitchen and dining, featuring stainless steel appliances, plenty of bench space, and breakfast bar. All three well-sized bedrooms enjoy ducted aircon, two with built-in robes, and are separated by a wide hallway that includes a large double-doored linen cupboard. You'll love your beautifully styled, modern bathroom, complete with soaker tub, separate shower with rain head, floor to ceiling tiles, and adjustable backlit mirror. Additionally, enjoy a large laundry space with extra toilet, also allowing second access to the tiled rear porch, encased by a full-sized pergola, and providing plenty of covered space for your BBQ, outdoor fridge, and seating for all your entertainment needs. Your tenants or extended family can drive on through to their 2 bedroom granny flat with plenty of room for parking. A good layout gives a great amount of space and a nice, homey feel without compromising on the modern look of the brand new build. Finally, your newly built private studio, complete with kitchenette and bathroom, awaits neatly tucked away amidst the landscaped areas throughout the property. All this and more on offer with this tremendous opportunity Your features include:
• 3 Bedroom main house, fully renovated
• Ducted A/C
• Floating floors throughout
• Open-plan kitchen dining
• Covered outdoor entertainment
• Automatic double garage
• Landscaped yards and common areas
• Brand new detached 2 Bedroom Granny Flat with car access
• Newly build detached Studio, complete with kitchenette and bathroom
• Estimated total rental return: $1120
- $1200pw (approx.) All furniture and gym equipment also available by negotiation Don't miss out on this incredible opportunity. Enquire today! Disclaimer: Raine and Horne Hurstville believes that all information contained herein to be true and correct to the best of our ability and in no way misleading, however, all interested parties are advised to carry out their own inquiries and relevant searches.

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avatar Chris Arvanis
Chris Arvanis
Director | Licensee In Charge
avatar Jake Harrison
Jake Harrison
Director | L.R.E.A

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Property Info:
  • Property ID: L18600522
  • Property Type:House
  • Building / Floor Area:268 sqm
  • Garages:2
  • Carports:1
  • Open Parking:2
  • Land Area:728 sqm
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R&H Suburb Profile: Punchbowl
R&H Suburb SummaryHouses
Number of sales136
Average Price$1,225,713
Median Price$1,175,000
Median Rental Price$750 p.w.
Change in Rental Rate (5yr)42 %
R&H Suburb SummaryUnits
Number of sales100
Average Price$523,745
Median Price$450,000
Median Rental Price$510 p.w.
Change in Rental Rate (5yr)34 %
Median Trend - $1,175,000
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