PRD Panania Cnr Tower & Lambeth Streets, Panania, NSW 2213 02 9792 8188
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115 Gibson Avenue
padstow
NSW, 2211

SOLD

Sold for $1,692,000

listing rooms 5
listing bathrooms 2
listing parking 3

SOLD @ AUCTION BY MATTHEW LEUNG & THE TEAM AT PRD PANANIA

Exceptional Investment & Development Opportunity

Positioned on a generous corner block, this property presents a rare blend of strong investment appeal and future development potential. Featuring a spacious front residence and a separate, modern granny flat-each with their own private access-this is an ideal opportunity for savvy investors, developers, builders, or families seeking flexibility and value !

Set just moments from Padstow shops, schools, parks, buses, and the train station, the property offers lifestyle convenience alongside excellent long-term growth prospects.

Property Highlights:
- 557sqm block with over 19m wide frontage (approx.)
- Potential duplex site (STCA) with a corner position offering flexible development options
- Clear block with no easements - a perfect blank canvas

Front House Features:
- Elegant plantation shutters and timber flooring
- Renovated kitchen and bathroom for modern living
- New air conditioning system and solar panels for energy efficiency
- Covered outdoor entertaining area and a generous backyard with second toilet
- Fully fenced front yard and separate garage

Granny Flat (built in 2018):
- Open-plan living with gas kitchen
- Two double-sized bedrooms with built-in wardrobes
- Private street access and fully fenced yard

Prime Location:
- 400m to Padstow North Public School and Playford Park
- 600m to KU Children's Centre and TAFE NSW Padstow
- 1km to Padstow's vibrant village, shops, and train station
- Easy motorway access for quick city connections

This is a smart, ready-made investment with great returns and the potential for future redevelopment (STCA). A must-see for investors, growing families, or those seeking a dual-living setup in a sought-after location.

Sell Smarter ...ask a Local

Disclaimer: We have been furnished with the above information however, PRD Panania gives no guarantees, undertakings or warnings concerning the accuracy, completeness or up-to-date nature of the information provided. All interested parties are responsible for their own independent enquiries in order to determine whether or not this information is in fact accurate.

Agents

Nearby Schools

About padstow

median house price

1600000

suburb growth

10.3%

median house rent

800

suburb rental yield

2.6%

Similar Properties

Source: Suburb Flyover Report Series, APM Pricefinder. PRD does not give any warranty in relation to the accuracy of the information contained in this report. If you intend to rely upon the information contained herein, you must take note that the Information, figures and projections have been provided by various sources and have not been verified by us. We have no belief one way or the other in relation to the accuracy of such information, figures and projections. PRD will not be liable for any loss or damage resulting from any statement, figure, calculation or any other information that you rely upon that is contained in the material. Prepared by PRD Research © All medians and volumes are calculated by PRD Research. Use with written permission only. All other responsibilities disclaimed.

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