Set in a proven growth pocket of North Albury, 1046 Koonwara Street is a strategic acquisition for investors seeking immediate holding income combined with strong future upside.
Occupying a sizeable allotment, the property offers excellent subdivision potential (STCA), allowing investors to unlock additional value through a multi-lot outcome. The block layout also lends itself to second dwelling or dual-occupancy potential (STCA) - an ideal pathway to increase rental yield and long-term capital growth.
The existing home provides the flexibility to generate rental income while development plans are explored, making this an attractive landbank opportunity in a location with consistent tenant demand.
With proximity to schools, local shopping, transport links, and key amenities, the fundamentals for strong occupancy and resale appeal are firmly in place - a crucial factor for investors focused on risk-adjusted returns.
Investment Highlights:
• Master bedroom with walk in robes
• Two spacious bedrooms
• Updated flooring through out
• Big storage shed with a roller door
• Subdivision potential to maximise land value (STCA)
• Scope to add a second dwelling for dual income (STCA)
• Solid holding asset with rental appeal
• High-demand rental location
• Ideal for developers, builders, and long-term investors
1046 Koonwara Street represents a rare chance to secure a scalable investment where multiple exit strategies are available - develop, dual-rent, or landbank and capitalise on future growth.
