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Overview
This substantial property in Carramar presents a unique and strategic opportunity for developers and investors alike, featuring a large landholding of approximately 1,015 square metres with prior development approval. Situated just a short walk from the train station and close to key amenities such as Carramar Public School and Westfield Liverpool, connectivity and convenience are key advantages here.
The property originally had DA approval for subdivision into two separate lots, which can accommodate the construction of three homes, subject to council approval. This offers significant potential for those seeking to undertake development projects or secure a valuable land parcel for future growth.
Outdoor spaces are generous, providing ample room for parking with space for five vehicles, while the existing house comprises three bedrooms and a bathroom, augmented by practical indoor features including air conditioning and a separate toilet. This mix provides a functional living environment or interim accommodation during development planning phases.
Its proximity to transport routes, shopping centres, and the M5 motorway gives this property both lifestyle appeal and investment viability, making it suitable for those looking to capitalize on opportunities in a growing area of New South Wales.
Overall, this offering combines the benefits of a sizable landholding ripe with redevelopment potential, solid existing accommodation, and an accessible location, crafting an attractive prospect for professionals in real estate investment or development.
Local Market Insights
In Carramar, Quiet Listings observed 3 new houses entering the market over the last 30 days, up from 1 during the previous 30-day period, with an average advertised asking price of $1,083,333. The property type mix of listed properties is predominantly Houses at 60%, followed by apartments (40%). The most active agency for houses in the Carramar area is currently Ray White, representing 33% of new listings, followed by First National with 33%. 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.
Change History
| Headline | When |
|---|---|
| For Sale $1,400,000 - $1,439,000 | |
| For Sale $1,450,000-$1,500,000 | |
| Expressions Of Interest |
Location
Market Insights for Carramar NSW 2163
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