29 McGirr Street
Padstow, NSW 2211

Positioned in a highly desirable Padstow location and surrounded by quality new homes, this versatile single-level home offers an exceptional opportunity for growing families, investors, builders, and developers. The property provides immediate rental income and significant future potential, making it ideal for those seeking to secure a valuable parcel in a rapidly developing neighborhood.

This residence is perfectly suited for renovation, rebuilding your dream home, or capitalizing on the area's ongoing transformation. The site spans approximately 518.5 square meters with a generous frontage of about 12.8 meters, offering ample space for various development possibilities. There is also potential for a granny flat addition at the rear (subject to council approval), which could create dual-income returns.

Currently leased at approximately $740 per week, the home provides strong holding income while future plans are considered. Its convenient location is within an 11-minute walk to Padstow Station, schools, shops, and local amenities, enhancing its appeal for both residents and investors.

Key features include:

• Single-level 4-bedroom home, currently leased for approximately $740 per week
• Set on approximately 518.5 square meters with a frontage of about 12.8 meters
• Ideal knockdown and rebuild opportunity (subject to council approval)
• Potential for a granny flat at the rear for additional income (subject to council approval)

The property is conveniently close to schools, shops, and transport options, making it a practical and attractive choice for families and investors alike. This rare off-market opportunity offers flexibility and long-term value in a sought-after location.