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Description: Developers, investors and strategic buyers - take note.
This is a rare opportunity to secure a substantial landholding with outstanding future development potential, further enhanced by the adjoining neighbouring property being offered for sale concurrently. The ability to amalgamate both parcels unlocks even greater scope, scale and design flexibility (STCA).
The subject property boasts a generous 965sqm rectangular allotment, reasonably level and well-suited to efficient construction, helping minimise site and build costs. With dual street access, including rear lane entry, the block lends itself perfectly to medium-density outcomes.
Development Highlights:
* R3 Medium Density Residential zoning
* Wide 21m frontage x 44m depth
* Dual frontages, including rear lane access
* 965sqm level allotment
* Potential to accommodate a minimum of four townhouses (STCA)
* Adjoining property also for sale, offering a rare amalgamation opportunity
* Just three blocks' walk to Windsor Train Station
* Surrounded by schools, transport links and shopping precincts
Whether you choose to develop immediately, land-bank, demolish, invest, or occupy, this site offers exceptional flexibility in a high-demand location.
Existing Dwelling - Holding Income or Renovation Option
Currently occupying the site is a 2-3 bedroom residence, offering the option to renovate, reconfigure or lease while development plans and approvals are pursued.
The home comprises:
* Two bedrooms, with scope to reconfigure to three bedrooms by repurposing the formal dining room or enclosed rear verandah
* Spacious formal lounge and oversized dining room, providing multiple layout possibilities
* Central bathroom servicing the bedroom wing
* Separate laundry facilities
* Reverse-cycle split system air conditioning
* Original kitchen with upright stove and eat-in dining
* An antique combustion stove and chimney, offering character if restored or removed as part of future works
* Enclosed rear verandah suitable as a sunroom, sleep-out or study
* Large concrete entertaining slab with flexibility for additional vehicle accommodation
* Car shed and covered carport at the rear
Important Note:
The dwelling is in poor condition, which may be of little consequence to developers seeking to fully utilise the landholding. The true value here lies in the location, zoning and future potential.
Opportunities of this nature-particularly with an adjoining property available-are increasingly rare. Secure one, or secure both, and capitalise on the scale, flexibility and long-term upside this site delivers.
EOI closes 7th March based on the auction of 275 Macquarie St, South Windsor, unless sold prior.
https://www.realestate.com.au/property-house-nsw-south+windsor-150151680
*Agents interest
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