Set on a generous 721sqm block in a thriving pocket of Lurnea, this versatile property offers an incredible opportunity for first home buyers, investors or developers. This property represents an unmissable opportunity in one of the area's most connected and fast-growing locations.
Currently on the site is a well-presented two-bedroom, one-bathroom residence featuring a double tandem garage, an in-ground swimming pool, and landscaped gardens all ready for immediate tenancy. Recently leased for $600/ week, with a few improvements may return up to $650$700 per week, it offers solid holding income while you plan your development.
But the true value lies in the future: This site comes with a concept site plan to build 4 x 3-bedroom townhouses (STCA), making it an outstanding development prospect.
Key Highlights:
- Zoning R3
- 721sqm level block with wide frontage
- Comes with concept site plan for 4 x 3-bedroom townhouses (STCA) - available on request
- Existing dwelling is well-presented and rental-ready
- Double tandem garage with extra storage
- In-ground swimming pool and private garden
- Positioned in a sought-after, family-friendly location
- Close to schools, parks, shopping centers, and public transport.
Whether you're looking to develop immediately or secure a rare site with future upside, 41 Dunbier Avenue is an unmissable opportunity in one of the area's most connected locations.
