Set on a massive 1,171sqm block in the heart of Cardiff, 55 Lachlan Road presents an outstanding opportunity for renovators, investors, and developers alike to obtain an affordable property in a great location.
Whether you're dreaming of transforming a solid home into your ideal residence, adding a second dwelling for dual income, or taking advantage of the R3 Medium Density Residential zoning to create multiple villas, this property offers the space, scope, and location to make it happen.
The existing home features three bedrooms, a separate living area, and a dining space flowing from the original U-shaped kitchen.
With plenty of potential, it's the perfect blank canvas for those looking to value-add through thoughtful renovations.
Outside, the sheer scale of the block is sure to impress, boasting a 13.71m frontage and stretching an impressive 86.62m deep.
This gives you endless options for redevelopment or expansion while still retaining generous yard space.
The location seals the deal, just minutes to Cardiff CBD shops, Cardiff train station, local schools, and childcare facilities. Wests Cardiff is around the corner for a great meal or night out, and you're perfectly positioned between Charlestown Square, Westfield Kotara, and Glendale Shopping Centre.
Plus, the sparkling waters of Lake Macquarie and its stunning lifestyle attractions are only a short drive away.
Land size approx. 1171m2 with 13.71m frontage & 86.62m depth.
Land Rates approx. $569.10 Per Quarter
Water Rates approx. $256.20 Per Quarter + Usage
Potential Rental Return approx. $500 Per Week in current condition.
Opportunities of this size and zoning in such a central position are becoming increasingly rare. Whether you're a first-time renovator, seasoned investor, or developer with a vision, 55 Lachlan Road is ready for its next chapter.
For further information contact the local area's first choice for real estate Troy Duncan on 4950 8555
First National Real Estate Lake Macquarie are your local experts for the Lake Macquarie and Newcastle area, we proudly market this home and are always looking for more homes to sell. If you would like honest, expert advice to achieve excellent results, call us on 4950 8555 to discuss your home.
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