14-16 Banksia Road Caringbah NSW 2229

CBRE, as the exclusive selling agent is pleased to present 14-16 Banksia Road, Caringbah to the market. Positioned within moments from Caringbah Town Centre, this investment proposition in Sydney's thriving residential market offers a fantastic opportunity for investors and wholesale apartment traders to refurbish, remediate and reposition.

The property further benefits from uplift in planning controls from the state-led Low to Mid-Rise Housing Policy (LMR), providing future redevelopment potential (STCA)

14-16 Banksia Road, Caringbah benefits from the following key attributes:

- 14 strata apartments comprising 3 x 1-bedroom, 10 x 2-bedroom and 1 x 3-bedroom units with private terraces plus 14 parking spaces
- 77.78% of units and 75.6% unit entitlement offered in-one-line
- Estimated market gross income of $491,400* per annum
- Commanding 1,802sqm* land parcel and a combined strata area of 1,368sqm*
- Favourable LMR planning controls in the form of R4 High Density zoning, 22m Height Limit, 2.2:1 FSR providing future development upside (STCA)
- Opportunity for savvy purchaser to refurbish, remediate and/or reposition to maximise their return on investment (STCA)
- Ample on-street parking available
- Surrounded by local cafes, restaurants, shops, medical centres, parks and desirable school catchment areas
- Easy access to amenities such as Caringbah Train Station, Caringbah Shopping Village, Sutherland Hospital & Miranda Westfield
- Set to benefit from the rapidly growing rental environment with a record low Sydney vacancy rate of 1.3%^

14-16 Banksia Road, Caringbah is offered for sale via Expression of Interest
closing on Wednesday, 28th of May, 2025 at 4pm (AEST)

For more information or to request access to the due diligence room, please contact the exclusive sales agent.

*Approx
STCA Subject to council approval
^ Sydney vacancy rate as at April 2025, SQM Research