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Overview
29 Gloucester Street Junee NSW 2663
29 Gloucester Street in Junee offers a unique and promising development opportunity, situated on a substantial 1,518 square meter parcel of land that encompasses three lots. This property is currently leased at $360 per week until 16 June 2026, providing immediate rental income while presenting significant potential for renovation, development, or subdivision subject to council approval.
Conveniently located within walking distance of the well-known Licorice and Chocolate Factory, the property benefits from a desirable position that appeals to both investors and future residents. The home itself is a large, classic weatherboard residence that exudes timeless charm, featuring original lining boards and timber floorboards throughout.
Inside, the residence comprises four bedrooms and multiple living areas. The main living space is spacious and flows seamlessly into the kitchen, while a separate dining room or additional rumpus room offers versatility with its own external access. The lounge room is carpeted for comfort and equipped with split system heating and cooling, also providing direct access to a covered outdoor entertaining area.
Bedrooms one and two feature timber floorboards and built-in robes, while bedrooms three and four are located just off the lounge, contributing to a functional and adaptable floor plan. The kitchen is fitted with laminate cabinetry, a dishwasher, and an electric stove, and connects effortlessly to the dining or second living area, which opens onto the front veranda.
At the rear of the home, the laundry and bathroom are finished with floor-to-ceiling tiles and include a toilet, ensuring practical and convenient living arrangements. The exterior of the property continues to impress with a double carport, secure shedding, rear lane access, and a generous yard that offers ample usable land.
Additional outdoor living spaces include a rear veranda and a large undercover entertaining area, enhancing the lifestyle appeal of the home. Combining character, spaciousness, a strong rental return, and considerable development potential, this property at 29 Gloucester Street represents a versatile investment with excellent future prospects.
Annual council rates are approximately $2,416.70. Interested parties are encouraged to conduct their own enquiries to verify all information.
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.
Location
Junee NSW 2663
Market Insights for Junee NSW 2663
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