Positioned in one of Fairfield's most sought-after CBD locations, this original brick residence presents an exceptional opportunity for investors and developers looking to secure a property with future potential. Set on a substantial 851.9sqm parcel of land. Whether you are looking to renovate, lease out, landbank, or redevelop, this property ticks all the boxes for a standout investment in a high-growth precinct.
The home provides immediate lifestyle appeal while showcasing its true X-factor - the valuable R4 zoning. With potential for a 2-lot subdivision (STCA), duplex development (STCA), terrace homes 5 - 6 (STCA), or even future amalgamation opportunities for high-rise unit development, the possibilities here are truly exciting. Located in the heart of Fairfield CBD, you are only moments from transport, shopping, dining, schools, and essential amenities, making this a blue-chip opportunity with strong future upside.
Key Features:
* R4 Zoned Property with Huge Development Potential (STCA)
* Original Brick Home with 3 Bedrooms
* Expansive 851.9sqm Parcel of Land
* Potential for 5-6 Terrace Homes (STCA)
* Opportunity to Amalgamate with Neighbouring Properties for Future High-Rise Development (STCA)
* Prime Location in the Heart of Fairfield CBD
* Close to Shopping, Transport, Schools, and Local Amenities
* Currently leased for $740 per week
For further information or to arrange an inspection, contact Marcus Biasetto on 0414 246 947 today.
AUCTION DETAILS
Day/Time: Tuesday 16th June 6:00pm. Bidders Registration from 5:30pm
Location: Smithfield RSL