104 Hydrae Street
Revesby, NSW 2212

Positioned directly opposite Neptune Park in one of Revesby's most tightly held and desirable streets, this exclusive off-market opportunity offers significant potential for developers, builders, investors, and land bankers. The property is set on approximately 1,014 square meters with an impressive 15.2 meter frontage, featuring a rare corner-block site that currently includes two existing residences. This presents exceptional future development possibilities, subject to council approval (S.T.C.A).

Potential development options include constructing two luxury duplexes on approximately 500 square meters each, subdividing the site to build two sets of duplexes totaling four dwellings, or holding the property as a high-performing investment with excellent rental returns. This represents a blue-chip opportunity in a premium growth location.

Development highlights include:

• Approximately 1,014 square meters of land with a 15.2 meter frontage
• Prime corner block position opposite Neptune Park
• Two existing houses on the property
• Potential subdivision opportunity (subject to council approval)
• Potential to construct four dwellings or two duplex pairs (subject to council approval)
• Estimated rental return of approximately $1,000 to $1,200 per week per duplex on 250 square meters
• Estimated rental return of approximately $1,500 to $1,700 per week for luxury duplexes on 500 square meters
• Potential resale values estimated between $1.65 million and $1.75 million per completed dwelling on 250 square meters
• Luxury duplex sales in the area achieving mid to high $2 million range

The property is perfectly positioned moments from local schools, shopping villages, transport options, parklands, and major arterial roads. Opportunities of this scale, location, and potential are exceptionally rare in the current market.

The owners have made clear instructions that the property must be sold within the next month.

Disclaimer: In accordance with the vendor's instructions, only enquiries that include the enquirer's full name, contact telephone number, and valid email address will be responded to. The agent and vendor reserve the right not to respond to incomplete or anonymous enquiries.

Disclaimer: While every reasonable effort has been made to ensure the accuracy of this information, prospective purchasers are advised to make their own independent enquiries to verify the details provided.