40/30 Raymond Street, Bankstown NSW 2200

3-bedroom flat in double-brick building | prime walk to station & future Metro | pet-friendly with secure lifts | flood overlay present. This unit presents a competitively strong proposition due to its larger three-bedroom configuration within a solid double-brick building, a combination that is increasingly rare in modern apartment stock and caters directly to the family buyer segment seeking space and durability in a walkable location. Its proximity to Bankstown Station and the confirmed Metro upgrade anchors its long-term accessibility premium, while features like dual lift access, an internal laundry, and a pet-friendly policy materially expand its rental and owner-occupier appeal. The property is precisely positioned for a first home buyer or an investor targeting young families, with its estimated rental range covering a significant portion of potential mortgage costs. The primary decision mechanism is the flood overlay, which necessitates immediate due diligence on insurance premiums and potential future resale constraints, representing a tangible cost and risk that must be quantified. Offsetting this is the commercial logic provided by the upcoming Metro infrastructure, which typically capitalises into values well ahead of project completion. Given the unit’s solid build, functional layout, and locational advantages, it represents a hold proposition; an owner-occupier should secure it for the long term to realise the infrastructure benefit, while an investor should capitalise on the strong weekly yield from a family tenancy. Proceed only after a conveyancer’s review of the flood study and securing definitive insurance quotes.