Positioned in one of Penshurst’s most tightly held pockets, this original full brick residence presents an exceptional opportunity for developers, investors, and forward-thinking buyers to capitalise on its significant landholding and future upside.
Set on an expansive 755sqm (approx.) parcel with an impressive 17m frontage, the property is ideally located within the Low to Mid Rise Housing (LMR) precinct, offering strong potential for redevelopment (STCA) under the evolving planning framework.
Key Features:
- Highly Desired corner position
- Solid full brick construction – tightly held and built to last
- 3 well-proportioned bedrooms
- Original condition – ideal for renovation, rebuild or redevelopment
- Generous 755sqm land size (approx.)
- Wide 17m frontage (approx.) – ideal site configuration
- Located within the LMR housing pocket – future development upside (STCA)
- Positioned close to shops, schools, parks, and transport
The property also has the benefit of a previous approval for a communications / amateur radio antenna installation with an approved height limit of up to 12 metres. Interested parties should make their own enquiries with the relevant authorities regarding the status and ongoing applicability of the approval.
Whether you're looking to renovate and hold, build your dream home, or unlock the site’s development potential, this is a rare offering in a high-demand location.
A true land banking opportunity with multiple pathways to add value.
Inspections as advertised or by appointment. Contact Wayne Singh for more information.
Disclaimer: Whilst all care has been taken preparing this advertisement and the information contained herein has been obtained from sources, we believe to be reliable, Realty Way and/or its associated entities does not warrant, represent or guarantee the accuracy, adequacy, or completeness of the information. Realty Way and/or its associated entities accepts no liability for any loss or damage (whether caused by negligence or not) resulting from reliance on this information, and potential purchasers should make their own investigations before purchasing.
