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Overview
Situated on a substantial 5,549 square metre parcel, this property at 17-19 Brobenah Road, Leeton offers a compelling blend of immediate rental income and forward-looking development potential. With a current lease generating $600 per week, it is ideally suited for investors or developers seeking a property that balances stable returns with growth opportunities.
The site benefits from an approved five-lot community title subdivision, which includes a common property lot for shared vehicle access and utility services. This planning approval provides a clear and practical pathway for subdivision, enabling future residential development to capitalize on the generous landholding.
The existing residence on the site is a sturdy brick veneer home designed for comfortable family living. It features three well-sized bedrooms and a central bathroom. Practical design elements such as a laundry with an additional shower and a second external toilet add valuable convenience, enhancing the property's appeal for both owner-occupiers and tenants.
Beyond the home, the expansive grounds support a variety of uses. Two large sheds, including one with power, present ideal spaces for workshops, storage, or hobbies. An additional container offers secure storage options. The ample outdoor area provides room to accommodate vehicles, trailers, caravans, machinery, or recreational activities, reflecting the property's versatility.
This opportunity is well-suited to a range of buyers: developers looking for an approved project, investors prioritizing strong rental yields with future upside, or purchasers seeking a significant landholding with options for future subdivision and growth. Overall, 17-19 Brobenah Road presents a unique combination of income, space, and potential that delivers functional flexibility and strategic value.
Local Market Insights
In Leeton, Quiet Listings observed 7 new houses entering the market over the last 30 days, down from 17 during the previous 30-day period, with an average advertised asking price of $860,429. The property type mix of listed properties is predominantly Houses at 64%, followed by units (9%), and land (9%). Amato Real Estate was the most active agency in this area, representing 28.6% of all new listings in the last 30 days. 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
Leeton NSW 2705