4 Hammers Road, Northmead NSW 2152

This expansive 2,293 sqm property in Northmead presents a prime development prospect, uniquely blending an established residence with a high-yield subdivision opportunity. The site is fully approved for a three-lot subdivision, offering a rare chance for investors and developers to benefit from both immediate returns and long-term growth potential.

The existing home is a fully renovated, spacious five-bedroom residence that historically operated as a doctor's surgery for a quarter-century, now transformed into a comfortable family home. This tenant-occupied dwelling on a substantial 653 sqm allotment currently secures a reliable income stream under a 10-year lease, mitigating holding costs.

Beyond the existing residence, the approved development blueprint offers two additional lots, each around 670 sqm, designed to accommodate multiple units. Lot 2 is set for two large ground-floor units of 121 sqm each, boasting five bedrooms, while Lot 3 enables two further ground-floor units with four bedrooms, varying between 85 and 97 sqm. This diversity in unit sizes caters well to a range of market segments seeking generous living spaces.

• Constructed infrastructure includes essential stormwater and sewer lines, substantially reducing civil works and expediting development timelines.
• Full payment of council levies and developer contributions removes financial uncertainty and ensures a smooth approval process.
• A registered easement to Francis Street provides practical access, enhancing the site's value and development readiness.

For developers aiming to bypass planning delays, this fully approved and serviced site in a sought-after, growth-focused locality offers a de-risked path straight to construction. The established tenancy adds a layer of financial security, making 4 Hammers Road a strategic acquisition for portfolios targeting development upside and cash flow generation.