57 Gallipoli Street, Condell Park NSW 2200

57 Gallipoli Street, Condell Park NSW 2200
Full-brick prestige build | 715mΒ² lot with dual-income granny flat | 5+2 bed multi-generational layout | Flood overlay present | Condell Park convenience This property presents a rare, multi-generational configuration on a large block, uncommon for Condell Park. Its full-brick, owner-built construction from 1995 offers superior durability and a flowing, generous floorplan. The separate, income-producing granny flat provides immediate rental yield, making the house particularly compelling for extended families or investors seeking dual revenue streams from a single title, positioned within easy reach of Bankstown CBD amenities. The primary commercial risk is the flood overlay, which necessitates specialised insurance and may impact future financing. The 1995 construction, while solid, requires a meticulous building inspection for latent defects. Acquire this property to hold long-term, leveraging its dual-income function to service debt while the substantial land component appreciates. It is a strategic purchase for capital growth, not a short-term trade.

Independent, Unbiased Research Report for this property by PropCred Analyst teamΒ 

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Market Insight:

Condell Park presents a balanced market, attracting a diverse mix of families and first-home buyers drawn to its established housing and apartment options. Recent trends indicate a period of stability, with the market considered to be near its long-term equilibrium. This positioning suggests a measured outlook, supported by sustained demand across its varied property types.
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PropCred Estimated Value

Bedrooms

Bathroom

Parking

2

Land

715mΒ²

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