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Overview
Set on a substantial 1,031 square meter block in a sought-after pocket of Toongabbie, this property offers a remarkable opportunity for buyers interested in future growth and development potential. Featuring a wide 15.2 meter frontage, the land presents excellent scope for a variety of projects, subject to council approval.
This versatile property is ideal for developers, builders, or buyers with a vision to create. Options include constructing a duplex, building a new home, or enhancing the existing residence to increase value. Investors may also consider renovating the current three-bedroom, one-bathroom home and adding a granny flat to generate additional income.
- Expansive 1,031sqm block with a 15.2 metre frontage
- Potential to demolish and rebuild a dream residence
- Duplex development opportunity, pending council approval
- Option to renovate the existing home and add a granny flat
- Appealing to developers, investors, and future-focused buyers
- Three-bedroom, one-bathroom home suitable for immediate living or rental income
- Conveniently located within walking distance to Toongabbie station, shops, schools, and amenities
- Situated in a high-growth area with strong long-term prospects
This property represents a rare chance to secure a strategic landholding in a thriving suburb. Whether you are looking to build your ideal home or capitalize on development potential, this address offers significant upside in a well-established community. The existing home provides immediate liveability or rental return while you plan your next steps. All development options are subject to council approval, ensuring compliance with local regulations.
Toongabbie is a vibrant suburb with excellent transport links, shopping facilities, and educational institutions, making it a highly desirable location for families and investors alike. The generous land size and frontage provide flexibility for various design and development possibilities, catering to a range of buyer needs.
Overall, this property is a compelling offering for those seeking a substantial parcel of land with multiple avenues for growth and enhancement. Its location, size, and potential make it a standout opportunity in the current market.
Local Market Insights
In Toongabbie, Quiet Listings observed 6 new houses entering the market over the last 30 days, down from 10 during the previous 30-day period, with an average advertised asking price of $1,166,667. The property type mix of listed properties is predominantly Houses at 46%, followed by apartments (31%), and villas (15%). The most active agency for houses in the Toongabbie area is currently Ray White, representing 50% of new listings, followed by Aguis Propety Group with 17%. These insights are based on agencies currently monitored by Quiet Listings and are updated as the local market changes.
While every effort is made to ensure the accuracy and completeness of the property information provided, no guarantee is given. Buyers should independently verify all details, inclusions, availability, pricing, and other relevant information directly with the listing agent before relying on this information.
Change History
| Headline | When |
|---|---|
| $1,425,000 - $1,475,000 | |
| $1,450,000 | |
| $1,575,000 - $1,600,000 | |
| $1,550,000 - $1,650,000 | |
| $1,550,000 | |
| $1,550,000 | |
| Auction Guide $1,550,000 |
Location
Toongabbie NSW 2146
Market Insights for Toongabbie NSW 2146
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