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Overview
The Ultimate Land-Bank Opportunity: R4 High Density with Dual-Income Potential
Occupying a prime 569 square meter position on the elevated side of one of Schofields' most strategic streets, this property offers an exceptional opportunity for entry-level investors and those seeking future-proof development potential.
The existing residence is a well-maintained three-bedroom home thoughtfully designed for effortless living. It features a functional layout with air-conditioned living spaces that are bright and inviting, making it suitable either as a high-yield rental property or a comfortable home base while planning your next move.
The standout asset of this property is the expansive 569 square meter allotment. With a wide frontage of approximately 16 meters and R4 High Density Residential zoning, the site is ideally suited for a dual-occupancy development (subject to council approval). This zoning allows for the addition of a secondary dwelling, such as a granny flat, which can maximize rental returns while maintaining the privacy of the main residence.
Key features of the property include:
- Total land area of 569 square meters
- Strategic frontage of approximately 16 meters
- Zoning classification: R4 High Density Residential
- Interior comprising three bedrooms, one bathroom, and secure parking for one vehicle
- Significant potential for dual-income through the addition of a granny flat (subject to council approval)
Location highlights include its position within the catchment areas for Schofields Public School and Riverstone High School, offering excellent educational options. The property is conveniently located just minutes from Schofields Train Station on the Western Line and the Tallawong Metro station, providing excellent connectivity for commuters. Nearby amenities include the bustling Schofields Village shopping precinct and planned future infrastructure developments.
This property is ideal for first-home buyers seeking a traditional backyard with substantial upside potential, as well as developers looking for a high-density footprint in a proven growth corridor. 72 Advance Street represents a blue-chip acquisition opportunity in the heart of the North West growth area.
Secure your future in this thriving location and explore the potential this property offers for both lifestyle and investment purposes.
The property information is provided without guarantee of accuracy or completeness. Buyers should verify all details, inclusions, availability, and pricing directly with the listing agent before relying on this information.
Location
Schofields NSW 2762
Market Insights for Schofields NSW 2762
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