104 & 106 Caroline Street
Kingsgrove, NSW 2208

Overview

104 & 106 Caroline Street, Kingsgrove NSW

Positioned in a highly sought-after and ultra-convenient location, this substantial parcel of land spans 1,376.5 square meters with an impressive 20.115 meter frontage, offering a prime opportunity for developers, builders, investors, or owner-occupiers. The property consists of two Torrens title lots that can be purchased together or separately, providing flexibility for acquisition.

The site presents exceptional potential for a variety of development projects, subject to council approval (STCA). Possible uses include multi-dwelling developments, dual occupancies, boarding house accommodation, disability accommodation under the NDIS scheme, or even a childcare centre. Architectural plans are available for building three free-standing houses plus the existing granny flat.

Strategically located just 500 meters from Kingsgrove Shopping Centre and train station, and directly opposite established schools such as St Ursula's College and Our Lady of Fatima School, the property benefits from strong local amenities, established infrastructure, and consistent demand drivers. It is situated within a quiet, tightly held street, combining scale, frontage, and location—key fundamentals for a high-performing development site.

A modest brick one-bedroom granny flat currently occupies the rear of Lot 2, providing potential holding income. This granny flat complies with all council and CDC regulations and does not affect the design or development potential of new houses if retained.

Key Highlights:

• Expansive 1,376.5 square meter landholding across two Torrens title lots
• Wide 20.115 meter frontage to Caroline Street
• Premium blue-ribbon location with a strong growth profile
• Multiple development pathways available, subject to council approval
• Close proximity to retail, bus, train station, and essential amenities
• Opposite established schools providing excellent educational access

Property Details:

• Lot 1: 721 square meters (vacant land), suitable for one grand house or two detached duplexes
• Lot 2: 655.5 square meters with existing one-bedroom brick granny flat
• Combined total of 1,376.5 square meters on two separate Torrens titles
• Zoning: R2 Low Density Residential under Bayside Council
• Easement: Right of Carriage Way 3.5 meters wide (Lot 2 burdened, Lot 1 benefited)
• Maximum building height allowed: 8.5 meters

The existing granny flat adds special value, with the cost to build a similar structure estimated between $150,000 and $200,000. It complies fully with council and CDC regulations and can be retained without impacting the design or development potential of new houses on the site.

Lots are available individually or as a combined package, offering flexibility for buyers. Due diligence materials including the full ePack, Contract for Sale, Deposited Plan DP1283617, Section 88B Instrument, Sydney Water s.73 Certificate, stormwater WAE plans, and architectural reference drawings are available upon request.

This property represents a rare opportunity to acquire a large, level, blue-ribbon development site in a highly convenient and sought-after location, with multiple pathways for development and strong local amenities.

Location