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Overview
Corner Block Opportunity | R3 Zoned with Development Potential (Stca)
This property presents a remarkable opportunity in one of South Penrith's most convenient and family-friendly neighborhoods. Situated on a substantial corner block of approximately 678 square meters, this original brick home features three bedrooms and offers significant potential for first home buyers, investors, and developers.
With R3 Medium Density Residential zoning, the site holds exciting possibilities for future development, including options for duplex construction, granny flat additions, or other redevelopment projects, all subject to council approval. The existing residence provides comfortable living spaces with three well-sized bedrooms, a single bathroom, and parking accommodations for up to three vehicles, including a detached garage.
The property offers exceptional versatility, whether you choose to renovate and extend the current home, lease it out, or pursue redevelopment opportunities. It is located in a quiet, established street surrounded by quality homes, enhancing its appeal as a lifestyle and investment choice.
Nearby amenities include easy walking distance to Southlands Shopping Centre, proximity to reputable schools such as York Public School and Jamison High School, and access to local parks and sporting fields. Public transport options are readily accessible, and the property is a short drive from Penrith CBD and Penrith Train Station. Additional conveniences include nearby childcare centers and medical facilities, all within a family-friendly and well-established community.
Key features of the property include:
- Approximate 678 square meter corner block
- R3 Medium Density Residential zoning
- Three bedrooms and one bathroom
- Parking for up to three vehicles, including detached garage/car accommodation
- Excellent future development potential, subject to council approval
- Ideal for investors, developers, or first home buyers
Additional property features enhance the living experience, including air conditioning, a courtyard, floorboards, an outdoor entertaining area, and a shed. The property provides a solid foundation for a variety of lifestyle and investment goals.
Overall, this residence offers a unique blend of comfortable living and promising development potential in a sought-after location, making it a valuable opportunity for a range of buyers.
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
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Location
South Penrith NSW 2750
Market Insights for South Penrith NSW 2750
Other properties in this postcode
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