Key Features
- 771sqm corner block zoned R30
- Potential 3 street-front lots (STCA)
- 33.9m frontage to Digby Street
- Spacious 5-bedroom home
- Double workshop with street access
- Flat, development-friendly site
- Excellent rental and investment potential
- Oversized laundry with second bathroom potential
- Well located only walking distance to bus stops, train station, local schools, parks, local shops and so much more!
Whether you're looking to develop immediately, landbank for the future, or secure a spacious home with exceptional upside, this is an opportunity that ticks every box.
Positioned on a generous 771sqm corner block with R30 zoning and an impressive 33.9-metre frontage to Digby Street, the property offers exciting potential for a three street-front lot subdivision (subject to relevant approvals). With a relatively flat block and an ideal corner configuration, the foundations are already in place for a rewarding future project.
The existing residence is a spacious five-bedroom home originally built in 1965. While certain areas reflect its age, the home remains comfortable, liveable and rentable in its current condition, while offering plenty of scope for further renovations to create a stylish contemporary residence.
Step inside to a welcoming formal lounge before moving through to the sunken main living area, where soaring ceilings create an impressive sense of space. This inviting area flows seamlessly outdoors to the covered patio, providing the perfect setting for entertaining family and friends throughout the year.
Outside, you'll also find a fantastic double workshop with convenient street-front access, ideal for tradies, car enthusiasts, additional storage or hobbies. The backyard features a mature lemon tree and plenty of open space to enjoy while planning your future.
From an investment perspective, the options are endless. Continue renting the five-bedroom home and benefit from its strong rental appeal while you prepare future development plans, retain the original three-bedroom section by removing the rear extension (subject to approvals), or maximise the site's subdivision potential. The oversized laundry also presents an excellent opportunity to convert into a second bathroom, adding even more value to the home.
Properties offering this combination of development potential, rental flexibility and future upside are becoming increasingly difficult to find. Secure it today and unlock the possibilities.
Disclaimer: All information contained has been prepared for advertising and marketing purposes only and is not intended to form part of any contract. Whilst every effort is made for the accuracy of this information, which is believed to be correct, neither the Agent nor the client nor employees of both, guarantee their accuracy and accept no responsibility for the results of any actions taken, or reliance placed upon this document. Interested parties should make enquiries and rely on their personal judgement to satisfy themselves in all respects.
