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48/17-27 Rickard Road,
Bankstown 2200, New South Wales

2 bedrooms
1 bathroom
1 car space
11,009m² land size
125m² building size
Unit

$560,000

Property details

Features

  • Close to Schools
  • Close to Shops
  • Close to Transport

In The Heart Of The CBD, At An Affordable Price

Perfectly positioned just a 10-minute walk from Bankstown Station and the future Metro line, this top floor apartment offers convenience, space and excellent long-term investment potential in the heart of Bankstown's CBD. It is also only a short 5-minute stroll to the new Western Sydney University tower campus, making it an ideal choice for first home buyers and investors alike.

Set on the top floor with attractive district views from the generous balcony, the unit features two oversized bedrooms, both with built-in wardrobes, and a modern bathroom complete with separate shower, bathtub and toilet. Entertainers will love the massive open plan lounge and dining area, while the stylish polyurethane kitchen offers stainless steel appliances, and plenty of cupboard space.

Additional features include a spacious internal laundry, split system air-conditioning, attractive porcelain tiled flooring throughout, a single lock-up garage and ample visitor parking.

Currently leased at $480 per week, the property offers strong rental upside with an estimated market rent of approximately $600 per week. The current lease expires on 24/05/2026, providing the flexibility to move in with vacant possession if desired.

Property features include:

Top floor position with attractive district views
Two large bedrooms, master with walk-in-robe, second with built-in wardrobe.
Massive open plan lounge and dining area
Stylish polyurethane kitchen with stainless steel appliances
Modern bathroom with separate shower and bathtub
Spacious internal laundry
Split system air-conditioning
Porcelain tiled floors throughout
Large balcony
Single lock-up garage plus visitor parking
Short walk to Bankstown Station, future Metro and Western Sydney University & all the amenities of Bankstown's CBD

Areas:

Internal including balcony: 108m²
Total including garage: 125m²
Lock-up garage: 17m²

Outgoings:

Strata: $831.27 per quarter
Council: $429 per quarter
Water: $211.09 per quarter
Well-maintained complex on a massive 11,000m² site

An exciting additional benefit is the future redevelopment potential of the complex. The land has been rezoned to permit high-rise residential development up to 10 storeys, creating the possibility of a future site acquisition and redevelopment that may deliver substantial upside for owners.

For further information or to arrange an inspection, contact Graeme on 0410 306 880.

Explore the area

School catchments

  • St Euphemia College Combined K-12 Independent 0.52km
  • Mount Lewis Infants School Primary K-2 Government 0.90km
  • St Felix Catholic Primary School Primary K-6 Catholic 0.92km
  • Bankstown Public School Primary K-6 Government 0.95km
  • Al Noori Muslim School Primary K-12 Independent 0.97km

Nearest schools, measured in a straight line from the property. Provided as a guide only; check catchment and enrolment eligibility with the school. School data © ACARA, licensed under CC BY 4.0.

Find out how much home loan repayments will be

It’s important to understand repayment amounts before you apply for a home loan. A Loan Market broker can compare over 100 lenders to find the right loan for you. Use the Loan Market calculator to get a better indication of repayments.

Loan Market Pty Ltd | Australian Credit Licence 390222. All interest rates stated must include "p.a." and the relevant Comparison Rate in full.

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