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Overview
29 West Street Lurnea NSW
An exceptional opportunity to secure a substantial landholding in a rapidly growing and well-connected pocket of Lurnea.
Set on approximately 629 square meters with an impressive frontage of about 19.82 meters, this property presents outstanding potential for Torrens title subdivision into two freestanding homes, subject to council approval. This makes it an ideal site for developers and builders seeking to maximise returns through redevelopment or dual occupancy.
A key distinguishing feature of this opportunity is the vendor's willingness to offer up to a six-month delayed settlement. This option delivers a powerful advantage, directly enhancing the project's value and feasibility.
Benefits of the delayed settlement include:
- Lodging and progressing your Development Application (DA) before settlement, saving valuable time.
- Minimising holding costs by avoiding interest payments while securing approvals.
- Reducing project risk by gaining greater planning certainty upfront.
- Accelerating your building timeline, allowing earlier occupancy post-settlement.
- Improving financing outcomes, as having an approved DA often strengthens lender confidence.
- Potentially enhancing site value before settlement through approved development plans.
Combined with the wide frontage and flexible layout potential, the site is perfectly suited for a high-quality dual occupancy or subdivision into freestanding Torrens title homes, subject to council approval.
Property Highlights:
- Land Size of approximately 629 square meters.
- Wide frontage of approximately 19.82 meters.
- Torrens title subdivision potential.
- Ideal site for duplex or redevelopment options, subject to council approval.
- Up to 6-month delayed settlement available, unlocking value before settlement.
Location Highlights:
- Close proximity to local schools.
- Moments away from shops and everyday amenities.
- Easy access to M5 and M4 motorways, offering excellent connectivity.
- Located in the growing and well-connected Lurnea area.
This is a rare and development-ready opportunity providing built-in flexibility designed to maximise both time and profit for the purchaser.
Expressions of Interest are now invited.
Disclaimer: Every effort has been made to ensure the accuracy and reliability of the information provided. However, no representations or warranties are made regarding its completeness or accuracy. Prospective purchasers are encouraged to conduct their own inquiries to verify all details provided.
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
Lurnea NSW 2170
Market Insights for Lurnea NSW 2170
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