Positioned within a tightly held and highly sought-after pocket of Gymea, this substantial landholding presents a rare and compelling opportunity for homeowners, investors or developers alike. Occupying an expansive 1,523sqm (approx.) parcel with an impressive 33.325m frontage, the site is zoned R3 Medium Density Residential and offers excellent accessibility to public transport, shopping villages, parks and quality local schools.
High Points
- Substantial 1,523sqm (approx.) landholding in a tightly held pocket of Gymea
- Zoned R3 Medium Density Residential, offering strong redevelopment potential STCA
- Impressive land dimensions of 33.325m (approx.) frontage x 45.72m (approx.) depth, allowing excellent design flexibility
- Currently improved with two villas and one townhouse, providing immediate holding income
- Ideal opportunity for developers, investors or owner-occupiers seeking future upside
- Well-kept existing properties with additional swimming pool
- Moments away from both Kirrawee and Gymea station
- Only a short walk from quality schools, Hazelhurst Art Gallery, Kirrawee South Village and Gymea Tradies and more
Potential Rental Income (Approx.)
1/40 42 | 3 bed | 2 bath | 1 car - $900 $1,000 per week
2/40 42 | 3 bed | 2 bath | 1 car - $900 $1,000 per week
3/40 42 | 4 bed | 3 bath | 1 car - pool - $1,100 $1,200 per week