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Overview
Unlock the potential of this exceptional development opportunity situated in a highly sought-after location. This prime property is positioned on a generous 844 square meter north-facing block featuring an impressive 16.4 meter frontage. The site comes with development approval (DA) for a modern duplex, providing an excellent opportunity for builders, developers, investors, or families aiming to maximize value.
The property presently includes a well-maintained three-bedroom, two-bathroom home which is currently leased out at $650 per week. This allows purchasers to benefit from holding income while they plan for the Construction Certificate stage.
Key features include:
- DA approval for a contemporary duplex development, enabling immediate commencement of building without typical delays and approval uncertainties.
- An expansive 844 sqm parcel of land with a desirable north-facing aspect maximizing natural light and appeal.
- A wide 16.4m frontage providing excellent design flexibility for your development plans.
- A premium location within a quiet, family-friendly street that enhances the lifestyle potential of the site.
- Convenient proximity to schools, parks, shopping centers, public transport options, and local amenities facilitating ease of living.
Whether your interest lies in building and selling, creating a long-term investment, or establishing a dual-occupancy residence to accommodate extended family needs, this ready-to-build site offers outstanding potential in one of Toongabbie's most desirable and convenient locations.
Such rare DA-approved development sites of this size and superior quality are seldom available on the market. This is a unique opportunity to secure your next significant project.
Features of the area include proximity to schools, shops, and transport, ensuring that the location meets the needs of modern living and investment growth.
Local Market Insights
In Toongabbie, Quiet Listings observed 6 new houses entering the market over the last 30 days, down from 10 during the previous 30-day period, with an average advertised asking price of $1,166,667. The property type mix of listed properties is predominantly Houses at 46%, followed by apartments (31%), and villas (15%). The most active agency for houses in the Toongabbie area is currently Ray White, representing 50% of new listings, followed by Aguis Propety Group with 17%. These insights are based on agencies currently monitored by Quiet Listings and are updated as the local market changes.
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
Toongabbie NSW 2146
Market Insights for Toongabbie NSW 2146
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