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Overview
Positioned on the elevated side of the street, this well-maintained residence offers a remarkable opportunity for first home buyers, investors, or developers. Located on approximately 588 square meters in a highly desirable area just moments from the Fairy Meadow town centre, this north-facing home captures expansive escarpment views and presents exciting possibilities for renovation, extension, or redevelopment, including the potential to develop a duplex subject to council approval.
This property not only offers immediate rental income but also the flexibility for future plans, whether that is establishing your ideal home or a development project.
The home has been lovingly maintained and includes:
- Two generously sized bedrooms, both equipped with ceiling fans for added comfort.
- A spacious living area featuring reverse cycle air conditioning, perfect for year-round comfort.
- Polished timber floorboards that run throughout the residence, providing warmth and character.
- An updated, cozy kitchen fitted with a freestanding electric stove offering convenience and functionality.
- A retro-style bathroom complete with a shower over the bath, blending charm and practicality.
- Currently leased at $580 per week, providing consistent rental income.
- The property features a 15.24-meter frontage, enhancing its street presence and development potential.
This home is positioned conveniently close to parks, local shops, and both private and public schools, making it an exceptional opportunity to secure a property with strong fundamentals and substantial upside in a thriving community.
This is a rare chance to gain entry to the market and capitalize on future growth potential in a sought-after location.
Disclaimer: Efforts have been made to ensure the accuracy of the information provided based on details supplied by vendors. However, complete accuracy cannot be guaranteed. Potential buyers should conduct their own due diligence when considering this property. Photographs, maps, and images included are for marketing purposes and are indicative only.
Local Market Insights
In Fairy Meadow, Quiet Listings observed 5 new houses entering the market over the last 30 days, down from 9 during the previous 30-day period, with an average advertised asking price of $1,279,000. The property type mix of listed properties is predominantly Houses at 73%, followed by villas (18%), and apartments (9%). The most active agency for houses in the Fairy Meadow area is currently Ray White, representing 40% of new listings, followed by Laurence Morgan Real Estate with 40%. 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
Fairy Meadow NSW 2519
