Positioned on a sought-after 1,012sqm residential allotment directly opposite parkland, this post-war home presents an exceptional opportunity for investors, developers, and land bankers alike.
Offering immediate holding income from quality tenants, the property combines current rental returns with exciting future potential. Zoned to allow development up to three storeys (subject to council approval), the expansive block provides a rare opportunity to capitalise on one of the area's increasingly scarce large landholdings.
The existing residence features a practical design encompassing living, dining and kitchen areas, creating a welcoming hub for everyday living. Three generously sized bedrooms, all with built-in storage, are serviced by a central bathroom, while the spacious allotment provides ample room for future redevelopment or enhancement.
Whether you're looking to secure a substantial development site, establish a rooming accommodation project (subject to relevant approvals), or simply land bank in a high-growth location, this property offers outstanding flexibility and potential.
What's Local?
• 450m Walk to Darra State School (Catchment)
• 950m to Darra Train station
• 1.4km to Monier Rd shops
Opportunities of this scale and versatility are increasingly difficult to secure. Invest today and unlock the property's considerable future potential.