298 Union Road

Lavington NSW 2641

859 m²

Land

Last sold for $240,000

Andrew Papallo, last sold this property on 11 August 2026 after 62 days on market.

Overview

Corner Block Opportunity with Development Potential (STCA)

Positioned on a substantial 845m² (approx.) corner allotment in a highly accessible Lavington location, 298 Union Road presents an outstanding opportunity for renovators, investors, and developers alike. The existing home, although unlivable, offers buyers the chance to renovate and add significant value. While the home requires updating, the real appeal lies in the versatility of the site and the opportunities it presents. What makes this offering particularly compelling is that the neighbouring property at 299 Clarence Street is also available for purchase. Together, these two properties create a substantial landholding with exciting multi-dwelling development potential, subject to council approval. With flat land, corner positioning and dual street access, this is a rare opportunity to secure a development site in an established and well-connected residential location. Conveniently located within close proximity to Lavington Square Shopping Centre, schools, sporting facilities, parks and public transport, the property offers excellent accessibility for owner-occupiers, tenants and future purchasers alike. Whether you're looking to undertake a renovation project, secure an investment with future upside, or explore development opportunities, this is a property that rewards vision and offers genuine potential. Opportunities to secure a corner allotment of this size, with the added advantage of a neighbouring property also available, are becoming increasingly difficult to find. Disclaimer: All information regarding this property is from sources we believe to be accurate, however, we cannot guarantee its accuracy. Interested persons should make and rely on their own enquiries in relation to inclusions, figures, measurements, dimensions, layout, furniture and descriptions.

Features

859 m² lot size

Land

Estimated Value

Based on this property and similar land plots sold in Lavington over the last 12 months, the estimated median property value of 298 Union Road is $249.75k.

Median value

$249.75k

Estimated value range

$240k - $330k

Median days on market

160

Estimated value trend

11%

increase over the last 12 months

Average days on market is based on recent, comparable sales in Lavington. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.