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35-39 Marion Street, Bankstown$6m
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For Salehouse

35-39 Marion Street

Bankstown, NSW 2200, Australia
$6m
6 bed 3 bath 3 car1682 m²

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About this property

Phone Enquiry ID: 234928 Positioned in the heart of Bankstown, this exceptional R4 high-density residential site presents a rare opportunity to secure a large-scale development parcel in one of Sydney's fastest-growing urban corridors. Comprising three existing residences on a substantial 1,682m² landholding, the property offers significant redevelopment potential with favourable planning controls and strong underlying fundamentals (STCA). With an expansive approximate 51m frontage, the site provides outstanding design flexibility and efficiency for future development. Key planning parameters include: - R4 High Density Residential zoning - Site area: 1,682m² (approx.) - Frontage: ~51m (approx.) - Height limit: 23m ( 7 storeys)* - Floor Space Ratio (FSR): 2.3:1 - Potential Gross Floor Area: ~3,823m²* These controls present the potential for a substantial multi-storey residential development in a location undergoing significant transformation (STCA). Positioned within close proximity to Bankstown CBD, the site benefits from strong connectivity via nearby bus routes and access to the Bankstown rail line, soon to be enhanced by the Sydney Metro upgrade. The property is also within established school catchments and surrounded by key local amenities, supporting strong future residential demand. Whether you are looking to develop immediately or landbank for future growth, this is a strategic acquisition offering scale, flexibility, and long-term upside in a tightly held precinct. The property currently comprises three residences, offering potential holding income prior to redevelopment. All figures are approximate and all development potential is subject to council approval (STCA). Buyers are encouraged to conduct their own due diligence.

Property Details

Property Type
house
Listing Type
For Sale
Bedrooms
6
Bathrooms
3
Parking
3
Land Area
1682 m²
Listed
3 months ago

Repayment calculator

$29,088/month
$14,544 /fortnight
Loan $4,800,000 at 6.10% over 30 years

Upfront costs

Deposit$1,200,000
Stamp duty$353,259
Conveyancing (est.)$2,000
Total upfront$1,555,259
Verify with NSW revenue office →
Indicative figures only — not a quote. Real loan offers depend on the lender; duty depends on contract terms and applicable concessions.

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Neighbourhood

Living in Bankstown

This 6-bedroom house in Bankstown, NSW 2200 sits within reach of public transport, local shops and nearby schools. It is listed 868% above the $619,950 median of 60 comparable houseswithin 5 km.

Schools near Bankstown

  • Bankstown Hospital Schoolcombined
  • St Euphemia Collegecombined · K-12 · CoEd
  • Al Amanah College, Bankstown campusprimary
  • Bankstown North Public Schoolprimary · K-6 · CoEd
  • Bankstown Public Schoolprimary · K-6 · CoEd
  • Bankstown South Infants Schoolprimary · P-2 · CoEd

What's nearby

  • Rickard Rd before Kitchener Pde (bus)554 m away
  • Money Plus376 m away
  • Eather Reserve102 m away
  • Unnamed281 m away
  • Unnamed363 m away

Bankstown at a glance

Full suburb profile
Population
34,933
Median age
34
Household income
$1,331/wk
Median rent
$400/wk
Median mortgage
$1,800/mo

Source: ABS Census.

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Suburb market

Suburb price trend

Bankstown price trend

Median sold · House 3 bed

Compound growth +5.7% / yr over 4 yrs

$1.27mcurrent median

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Price history

Price history

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