12 Mcphee Street, Chester Hill NSW 2162

This well-presented family home at 12 McPhee Street, Chester Hill is situated in a peaceful cul-de-sac, offering both a comfortable lifestyle and promising future development opportunities. The property benefits from proximity to essential amenities, being within convenient walking distance to schools, local shops, parks, and the Chester Hill Train Station, making daily living both convenient and enjoyable.

The residence stands on a generous, easement-free land parcel of approximately 645 square meters, complemented by a wide frontage of 15.24 meters. This sizable allotment provides substantial flexibility and appeal for homeowners, investors, and developers. Whether your goal is to occupy the home immediately, add a granny flat, pursue duplex construction subject to council approval, or simply hold the land as an investment, the property accommodates a variety of plans.

Among its comfortable features are three well-sized bedrooms and two bathrooms, ensuring adequate space for family living. The home is equipped with an internal laundry, split system air conditioning for climate control, and a modern gas kitchen complete with a dishwasher. The adjoining dining/sunroom includes bi-fold doors that seamlessly connect the interior with the expansive rear yard, enhancing indoor-outdoor flow.

The property’s interior boasts floating timber flooring throughout, creating a warm and appealing atmosphere. Outdoor living is catered for with a large timber entertaining patio that has a retractable awning, perfect for gatherings and relaxation. Vehicle accommodation includes side driveway access leading to a lock-up garage and a carport, while the extra-long backyard offers ample room for children to play and for future improvements or landscaping.

From a development perspective, the land is zoned R2 Low Density Residential, offering the possibility of constructing a duplex or a granny flat, each subject to council approval. The wide frontage and easement-free status add to the land's desirability, underpinning the site's potential for various development scenarios.

The location further adds to the appeal with the quiet cul-de-sac setting providing tranquility while still offering easy access to public transport and local conveniences. The property is situated within the sought-after catchment of Sefton Selective High School, a notable educational institution in the area.

Additional considerations include outgoings such as council rates, approximately $480 per quarter, and water rates averaging $268 per quarter. Investors will be interested to note the estimated rental return on the property stands at around $46,800 per annum, providing a promising income potential.

Important auction terms stipulate a 10% deposit, vacant possession on sale, and a 90-day settlement period. Prospective buyers are reminded that all offers must be made in writing before the auction date, and amendments to the contract must be submitted prior to the auction. The auction is scheduled for Saturday, 4th July, at 2:30 PM on site, subject to prior sale.

This opportunity to acquire a substantial piece of land in one of Chester Hill's most coveted and tightly held locales is rare. The property suits those seeking a comfortable family residence with expansive grounds or those looking to capitalize on development potential in a convenient location.

Features Include:

• Spacious 3 bedrooms
• 2 bathrooms providing convenience
• Internal laundry facilities
• Split system air-conditioning and heating for year-round comfort
• Modern gas kitchen fitted with dishwasher
• Dining/sunroom with bi-fold doors to rear yard
• Floating timber flooring throughout
• Large timber entertaining patio with retractable awning
• Side driveway leading to lock-up garage and carport
• Extra-long backyard, ideal for children and future enhancements

Land & Development Potential:

• Large, easement-free 645sqm block
• Wide frontage of 15.24m
• Zoned R2 Low Density Residential
• Potential for duplex development (subject to council approval)
• Potential site for granny flat (subject to council approval)

Location Highlights:

• Quiet cul-de-sac position
• Walking distance to Chester Hill Train Station
• Close to shops, parks, and public transport
• Within the preferred Sefton Selective High School catchment

Outgoings & Investment:

• Council rates approximately $480 per quarter
• Water rates approximately $268 per quarter
• Estimated annual rental return of approximately $46,800

Auction Terms:

• 10% deposit required upon sale
• Property to be sold with vacant possession
• Settlement period of 90 days
• Written offers must be submitted prior to auction
• Any contract amendments must be received before auction
• Scheduled auction date is Saturday 4th July at 2:30 PM, on site

In summary, 12 McPhee Street presents a unique opportunity for purchasers seeking a well-maintained home that offers excellent living and significant future potential, all within a highly desirable and convenient location in Chester Hill.