41 Chanel Street represents a compelling opportunity within the sought-after suburb of Toongabbie, NSW 2146. This substantial property, boasting four bedrooms, two bathrooms, and a double car space, sits comfortably on a generous 559m² block. Its location within the Parramatta Council area, free from bushfire and heritage overlays, offers a desirable blend of convenience and tranquility. This detailed analysis will explore various aspects of 41 Chanel Street, drawing on publicly available information and typical characteristics of similar properties in the area, to provide a comprehensive overview for potential buyers, investors, or those simply curious about the Toongabbie real estate market.
Property Overview: A Deeper Dive into 41 Chanel Street, Toongabbie
The address, 41 Chanel Street, Toongabbie, NSW 2146, immediately places the property within a well-established and family-friendly neighbourhood. The four-bedroom configuration suggests ample space for a growing family, while the two bathrooms offer convenience and privacy. The presence of a double car space is a significant advantage, addressing the common need for off-street parking in suburban areas. The expansive 559m² block provides considerable potential for landscaping, outdoor entertaining, or even future extensions, subject to council approvals. The absence of bushfire and heritage overlays simplifies any potential renovations or development plans, reducing complexities and potential delays.
Location, Location, Location: The Advantages of Toongabbie, NSW 2146
Toongabbie's appeal lies in its strategic location. It offers a balance between suburban tranquility and easy access to major amenities and transport links. Proximity to Parramatta, a major commercial and administrative centre, provides residents with excellent employment opportunities, shopping options, and recreational facilities. The area is well-serviced by public transport, including bus routes and potentially nearby train stations, facilitating commutes to surrounding areas. The presence of quality schools, both public and private, further enhances Toongabbie's desirability as a family-friendly suburb.
Market Analysis: Similar Properties and Recent Sales
Understanding the local real estate market is crucial when evaluating the value of 41 Chanel Street. A thorough analysis of comparable properties recently sold in Toongabbie, particularly those with similar features (four bedrooms, two bathrooms, land size, etc.), would provide a benchmark for pricing. Data from real estate websites and local agents can be used to identify recent sales of properties at 41 Chanel Street, Toongabbie, NSW 2146, or similar properties in the immediate vicinity. This comparative market analysis allows for a realistic assessment of the property's potential value and expected return on investment (ROI), if applicable. Factors such as the condition of the property, any recent renovations or updates, and the prevailing market conditions (supply and demand) all influence the final sale price.
Potential for Renovation and Extension:
The generous 559m² block offers significant potential for future development. Depending on council regulations and personal preferences, the property could be extended to create additional living space, perhaps a larger kitchen, a home office, or an extra bedroom. Landscaping options are also plentiful, allowing for the creation of a beautiful and functional outdoor area, incorporating features like a patio, garden beds, or a swimming pool. The absence of heritage overlays opens up a wider range of possibilities for renovations and extensions, simplifying the planning and approval process.
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