52 Fourth Avenue, Eastwood NSW 2122

Positioned on a substantial 888.5 square metre parcel with a broad 22-metre frontage, this unique property offers remarkable potential for development or investment in the sought-after suburb of Eastwood. Currently comprising three income-producing residences, it provides an attractive yield for investors while presenting considerable scope for transformation.

Whether considering the opportunity to redevelop into a substantial duplex with granny flat or to capitalize on Low Multiple Dwelling Residential (LMR) zoning for future projects, this land holding is a rare find that promises flexibility tailored to a variety of development aspirations.

The property's location is a key asset, with close proximity to Ryde Hospital, Eastwood shopping centre, public transport options including the train station, vibrant local cafes, everyday conveniences, and nearby recreational parkland. Its inclusion within Eastwood and Denistone school catchments underlines its appeal to families prioritizing education and lifestyle.

This offering will particularly suit astute investors or developers keen on unlocking value through redevelopment or refurbishment while benefiting from the current rental income stream. The extensive street frontage and large land size allow for creative planning in building design, outdoor living spaces, or future subdivision possibilities (subject to necessary consents).