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21 Bilba Crescent
Maryland, NSW 2287
$1,100,000 - $1,200,000
Overview
DA Approved
Nestled on a large 966 square meter block, this existing three-bedroom dwelling presents a remarkable opportunity for buyers seeking both a comfortable home and development potential.
The current residence features three bedrooms, an open-plan kitchen, dining area, and lounge, complemented by a renovated, modern, and stylish bathroom, offering a functional and inviting living space.
A significant highlight of this property is the Development Application (DA) approval for a stunning second dwelling at the rear of the block. This new dwelling is designed to include four bedrooms, multiple internal living spaces, and a pool, providing an excellent prospect for expansion or investment.
The property can be subdivided to create two lots: Lot 1 will comprise the existing three-bedroom dwelling on approximately 434 square meters, while the new four-bedroom dwelling will occupy about 532 square meters at the rear.
Subject to council approval (STCA), this opportunity may allow for further development possibilities, such as duplexes or townhouses, offering flexibility to suit various investment or lifestyle goals.
DA approved plans are available upon request, facilitating a smooth transition for prospective developers or buyers interested in the approved project.
Investors may consider subdividing and selling the existing three-bedroom property, which is estimated to fetch approximately $820,000 to $840,000, or alternatively, generate rental income in the range of $600 to $650 per week.
This property combines the benefits of an established home with the potential for significant development, making it an attractive option for a range of buyers.
Disclaimer: The information provided has been obtained from sources believed to be reliable; however, accuracy cannot be guaranteed. Prospective buyers are encouraged to conduct their own investigations to verify details.
Location
Maryland NSW 2287
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