21 Banks StreetPadstow NSW 2211
Property Details for 21 Banks St, Padstow
21 Banks St, Padstow is a 11 bedroom, 4 bathroom House with 13 parking spaces. The property has a land size of 696m2 and floor size of 140m2. While the property is not currently for sale or for rent, it was last sold in November 2024.
Last Listing description (March 2025)
Nestled in a prime location 400M/6min walk to Padstow station. These two separate original cottages, offered in one line, present an exceptional development or investment opportunity on corner position. 19 Banks is a 7-bedroom, 2.5-bathroom home with 8 parking spaces & a single lock-up garage, while 21 Banks is a 4-bedroom, 2-bathroom home with 5 parking spaces including double lock-up garage.
Both homes sit on approx. 695.6 sqm blocks each, boasting 15.24m frontages each. Whether you're an investor seeking a valuable land bank or a developer wishing to capitalise on a fantastic location, this property offers significant potential for expansion or future growth. With possibilities to create a set of CDC approved duplexes, daycare centre, unit development or approx. 45 boarding homes - subject to council approval (STCA), the opportunities here are immense. Zoned R4 with 4 storey height limit with a 1:1 ratio or potential to capitalise on future growth with transport orientated development plan (TOD) from NSW Government.
Currently both tenanted with a combined rental of approx $1,500 per week - $78,000 Per annum. Just minutes away from Padstow amenities, these homes are just under 50m to Padstow Park, 300m/6 min walk to Padstow station, m5 motorway and 400m to the shopping conveniences of Padstow village.
Features include:
- Sold in one line, combined land size of 1,391.2sqm (695.6sqm Each)
- Combined frontage of approximately. 30.48m (15.24m Each)
- Rare and expansive, perfectly located for a childcare (STCA)
- Dual CDC approved occupancy x 2 freestanding luxury homes (STCA)
- Potential to capitalise and build approx 45 Boarding homes (STCA)
- Currently Tenanted combined rental of $1,500 P/W - $78,000 P/A
- Zoned R4 with 4 storey height limit with a 1:1 ratio
- Future growth with (TOD) from NSW Government.
- 19 has 7 bed, 2.5 bath, 8 car, 21 4 beds, 2 bath, 5 car
- Ample driveway space, large rear yards, pool, spacious living areas
- Ideal location 400m/6 min walk to Padstow station & shops
Disclaimer: All information contained herein is gathered from sources we believe reliable. We have no reason to doubt its accuracy, however we cannot guarantee it. All interested parties should make and rely upon their own enquiries.
Property History for 21 Banks St, Padstow, NSW 2211
- 07 Nov 2024Sold for $1,850,000
- 21 Aug 2024Listed for Sale Sold
- 08 Jan 2024Listed for Rent $750 / week
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0About Padstow 2211
The size of Padstow is approximately 5.5 square kilometres. There are 20 parks, covering nearly 10.9% of the total area. The population of Padstow in 2016 was 13306 people. By 2021 the population was 14017 showing a population growth of 5.3% in the area during that time. The predominant age group in Padstow is 30-39 years. Households in Padstow are primarily couples with children and are likely to be repaying $3000 - $3999 per month on mortgage repayments. In general, people in Padstow work in a professional occupation.In 2021, 64.80% of the homes in Padstow were owner-occupied compared with 67.20% in 2016.
Padstow has 6,464 properties. Over the last 5 years, Houses in Padstow have seen a 32.01% increase in median value, while Units have seen a 29.98% increase. As at 31 July 2026:
- The median value for Houses in Padstow is $1,562,610 while the median value for Units is $994,343.
- Houses have a median rent of $850 while Units have a median rent of $680.
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