31 Rosemont Street South, Punchbowl NSW 2196

Property Details: • Type: House

• Bedrooms: 5 • Bathrooms: 2

Description: Set on a substantial 682.9sqm parcel with a 15.24m frontage and R4 zoning offering redevelopment potential subject to council approval, this versatile property presents an exceptional dual-income and development opportunity in a highly convenient setting. The original brick residence is complemented by a newly constructed granny flat, offering immediate rental returns alongside exciting scope for future redevelopment. Positioned within 650m of Punchbowl Station, local schools and village shops, the property combines flexibility, income potential and long-term growth. This is your chance to secure a high-yield asset within one of Sydney's most significant urban transformation zones. - Well-presented original residence with separate living/dining areas plus a sunroom - The retro kitchen enjoys an in-built breakfast bar, cupboards and overhead storage - Three generous bedrooms in the primary home, all fitted with built-in wardrobes - Original blue-hued bathroom with pink fittings offers a separate bath and shower - Separate guest w/c, air-conditioning and internal laundry for added convenience - Near new self-contained granny flat features two bedrooms and a study, granite kitchen, tiled bathroom and open living/dining area - Polished tiles, neutral hues and air-conditioning, currently leased at $575 per week - R4 zoning on a 682sqm block with a 15.24m frontage, wealth of potential (STCA) - Extended driveway leads to a single lock-up garage, additional off-street parking - Easy walk to Punchbowl Station, Wiley Park Public School, shopping and parks - Close to Chullora Marketplace, Bankstown Central and Sydney Metro services - Massive Dual Income: Returning a combined $1,275 per week. The main residence earning $700 per week, and granny flat earning $575 per week - both are currently tenanted provide the ultimate "buy and hold" cashflow opportunity. - Future-Proof Connectivity: A short, level stroll to Punchbowl Station and the upcoming Sydney Metro City & Southwest line, offering fast, high-frequency services to the CBD and beyond. DISCLAIMER: While PACE Property Agents have taken all care in preparing this information and used their best endeavours to ensure that the information contained therein is true and accurate, but accept no responsibility and disclaim all liability in respect of any errors, inaccuracies or misstatements contained herein. PACE Property Agents urges prospective purchasers to make their own inquiries to verify the information contained herein.