224 Weston St, Panania is a 0 bedroom, 0 bathroom House. The property has a land size of 124m2. While the property is not currently for sale or for rent, it was last sold in January 2023.
Two (2) Brand New 5 x 5 Year Leases
Net Passing Income of $62,869 *pa
Tenants pay all outgoings
Positioned on the doorstep of Panania Railway Station is this freehold retail consisting of 2 shops under one title with two solid long standing leases.
This is an ideal opportunity to secure an affordable and solid investment in a tightly held location.
Key highlights include:
- Two (2) Brand new 5 + 5-year leases
- Net Passing Income of $62,869 *pa
- 100% Recoverable Outgoings
- Long standing tenants
- LGA Canterbury Bankstown
Location:
-Directly outside Panania Station
-1.8km* to Revesby
-2.1km* to Western Sydney University Bankstown Campus
-3km* to M5 South-West Motorway
(*Approx.)
The size of Panania is approximately 4.7 square kilometres. There are 21 parks, covering nearly 15.8% of the total area. The population of Panania in 2016 was 12419 people. By 2021 the population was 13507 showing a population growth of 8.8% in the area during that time. The predominant age group in Panania is 40-49 years. Households in Panania are primarily couples with children and are likely to be repaying $3000 - $3999 per month on mortgage repayments. In general, people in Panania work in a professional occupation.In 2021, 68.30% of the homes in Panania were owner-occupied compared with 69.70% in 2016.
Panania has 5,517 properties. Over the last 5 years, Houses in Panania have seen a 35.29% increase in median value, while Units have seen a 42.37% increase. As at 30 June 2026:
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