212 Rankin Street, Bathurst, NSW 2795, House for Sale - FN First National Real Estate Bathurst

212 Rankin Street
bathurst NSW 2795

CBD Development Opportunity

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A rare opportunity to secure a landmark address, this 641sqm corner block offering a completely renovated three-bedroom property also offers vast potential for further development, complete with plans for a 3 bed 2 baths previously DA approved property. Its prime location is on the corner of Piper and Rankin Streets, in a very desirable CBD location.


• Existing three-bedroom property, completely renovated 10 years ago

• Renovation included electrical rewiring, new plumbing, kitchen, bathroom, roof and gutters

• Higher ceilings throughout contribute to a sense of space

• Spacious entry hallway

• Three large bedrooms all offer built-in robes

• Internal laundry with separate toilet

• Modern bathroom offers floor to ceiling tiles

• Open plan living/ dining overlooked by the kitchen complete with stone benchtops and gas cooking

• The rear timber deck flows from the kitchen and is perfect for outdoor entertaining

• This property offers a single carport and garden shed, with secure fencing

Current tenants at $390 pw lease ending 25/09/21, appraised at $440 pw in the current market or available as vacant possession

Development Potential:

• Rear of the block had plans for 3 bed 2 bath 1 car double-storey dwelling (252.8 sqm) previously approved in 2012

• Rental appraisal for this dwelling would be $550 pw

• Combined potential weekly rental: $990 pw, plus depreciation on the new build

• Once-in-a-lifetime opportunity to buy a blue-ribbon site

• Walk to the centre of CBD, movies, restaurants, clubs, gyms, schools, and day-cares

• Suits astute family investors, young professionals and avid developers alike

Enquire today to secure your future!

**Council Rates: $2,994.10

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Property Type - House

Land Area - 641m2

Council Rates - $2,994.10

Open Times

Contact Agent to arrange inspection


Contact Details

Jacinta Purvis

Authorised Principal, Sales, Property Management



Caitlin Bath

Administration, Sales

0437 652 721


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