***SOLD FOR $90,000 ABOVE ASKING PRICE***
Positioned on a prime 685sqm corner block with R20/60 zoning, this solid brick home presents a rare opportunity to secure a property with genuine development flexibility in a well-connected location or a solid home to renovate and make your own on a great block
Whether you’re looking to retain and build, develop multiple dwellings, or landbank for future growth, the options here are clear and compelling.
Step inside to a light-filled lounge room that wraps around to a dining area and then flows through to the kitchen, complete with ample storage, gas cooking and a dishwasher. The layout is practical and comfortable, offering immediate liveability or rental appeal.
All three bedrooms are well-sized, with built-in robes to two, and are serviced by a well-appointed central bathroom. A separate laundry area adds further functionality, while the covered alfresco entertaining area provides the perfect space to relax or host year-round.
The Real Value:
The corner position unlocks significant potential, with the possibility of dual street frontage access — ideal for future development outcomes (STCA).
-Retain the existing home and develop at the rear
-Demolish and construct 3 (STCA)
-Explore apartment or higher-density development
This is the type of site that gives developers, investors and forward-thinking buyers multiple exit strategies.
Features:
-3 bedrooms, 1 bathroom, 2 toilets
-Solid brick and tile construction (built circa 1970)
-Functional kitchen with gas cooking and dishwasher
-Spacious living and dining area.
-Built-in robes to two bedrooms
-Ducted evaporative air conditioning
Outside:
-685sqm corner block with R20/60 development upside
-Potential for dual street frontage access
-Large secure backyard
-Covered alfresco entertaining area
-Double brick garage/workshop
-Ample additional parking
Investment:
-Expected rental return: approx. $750 per week with current tenant paying $700pw
-Periodic lease with tenant keen to stay on or can vacate for settlement.
-Strong holding income while planning development.
Outgoings & Details:
-Approx. 105sqm internal living
-Built in 1970 (solid construction)
-Council rates: approx. $1,725pa
-Water rates: approx. $1,208pa
-Zoned R20/60
The Opportunity:
A rare combination of corner positioning, flexible zoning, and solid existing improvements — giving you the ability to generate income today while unlocking significant upside tomorrow.
Whether you’re a developer, investor, or strategic buyer, this is a property where the numbers and the options align.
***SOLD FOR $90,000 ABOVE ASKING PRICE***
