Positioned on a substantial 569sqm (approx.) parcel with an impressive 18.9m frontage, this outstanding property at 22 Malouf Street, Canley Heights presents an exceptional opportunity to secure a versatile home with significant future upside. Zoned R3 Medium Density Residential, the site offers exciting potential for duplex development or redevelopment (STCA), making it an ideal prospect for savvy investors, builders, or those looking to capitalise on a high-growth location.
Property Highlights:
+ 3-4 generously sized bedrooms, ideal for family living
+ Well-maintained kitchen and bathroom plus the convenience of two toilets
+ Light-filled interiors complemented by laminated flooring throughout
+ Covered rear pergola, perfect for entertaining or relaxing outdoors
+ Currently leased at $600 per week, providing immediate rental income
+ Expansive land dimensions: 18.8m x 30.3m (approx. 569sqm)
Development Potential (STCA):
+ Wide 18.8m frontage
+ R3 Medium Density zoning supports a range of redevelopment options
+ Potential to build a modern duplex or multi-dwelling investment (subject to council approval)
+ Strong demand in the area for new, low-maintenance homes
Location Benefits:
+ Situated in the vibrant heart of Canley Heights, one of South-West Sydney's most sought-after growth pockets
+ Moments to Canley Heights Shopping Strip, renowned for its cafes, restaurants, and local amenities
+ Close proximity to quality schools, parks, and public transport options
+ Easy access to major arterial roads connecting to Liverpool CBD and surrounding suburbs
+ High rental demand area, ideal for investors seeking long-term growth and stable returns
This is a rare opportunity to secure a property that offers both immediate income and outstanding future potential in a thriving location.
