Overview

Located in a thriving area of North Albury, 1046 Koonwarra Street presents a prime opportunity for investors looking for immediate rental income along with significant future potential.

This property sits on a generous allotment, offering excellent subdivision possibilities (subject to council approval), which can unlock additional value through a multi-lot development. The layout of the block also allows for the potential of a second dwelling or dual occupancy (subject to council approval), providing an ideal pathway to enhance rental yield and long-term capital appreciation.

The existing residence offers the flexibility to generate rental income while development plans are being considered, making it an attractive land banking opportunity in a location with consistent demand from tenants.

With its close proximity to schools, local shopping, transport links, and essential amenities, the property is well-positioned for strong occupancy rates and resale appeal, which is crucial for investors focused on achieving risk-adjusted returns.

Investment Highlights:

• Master bedroom featuring walk-in robes
• Two additional spacious bedrooms
• Updated flooring throughout the home
• Large storage shed equipped with a roller door
• Subdivision potential to maximize land value (subject to council approval)
• Opportunity to add a second dwelling for dual income (subject to council approval)
• A solid holding asset with strong rental appeal
• Located in a high-demand rental area
• Ideal for developers, builders, and long-term investors

1046 Koonwarra Street represents a rare opportunity to secure a scalable investment with multiple exit strategies available, whether it be through development, dual renting, or land banking to capitalize on future growth.

Location