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Overview
This property presents a rare opportunity for those who seek a substantial project or a prime site for redevelopment within Western Sydney. Situated on a generous 556.4 square metre rectangular block with a notably wide 17.6 metre frontage, the home is favorably positioned with a north-facing aspect and on the high side of the street, enhancing natural light exposure and potential views.
Currently, the original brick house requires complete renovation or demolition and rebuilding, subject to council approval. Its current boarded-up condition reflects prior termite and structural issues, signalling the need for an experienced renovator or investor prepared for a manageable but significant undertaking. The absence of easements and the level nature of the block further contribute to ease of construction and flexibility for future development plans.
The location offers considerable lifestyle convenience, lying directly behind Mount Druitt Public School and within walking distance of key amenities including Westfield Mount Druitt shopping centre, public transport options at Mount Druitt Station, and a variety of local cafes and restaurants. This setting ensures practical daily living while being situated in a suburb with growth potential.
For those considering investment, post-renovation rental income is forecast at approximately $600 per week, indicating potential for solid returns. The auction format emphasizes a land-value purchase, attracting buyers focused on the property's site potential in a high-demand pocket of the region.
- Expansive 556.4sqm site with wide frontage and desirable north aspect
- Original brick home offering a blank canvas for substantial renovation or rebuild (STCA)
- High-side position providing enhanced street appeal and outlook
- Practical location near schools, shopping, transport and leisure facilities
- Investment appeal with anticipated rental yield on completion
This property will suit renovators seeking a rewarding restoration project, developers evaluating site redevelopment, or investors aiming to secure a foothold in a rising market sector. Buyers are encouraged to conduct their own due diligence to confirm all aspects of the opportunity and potential.
Local Market Insights
In Whalan, Quiet Listings observed 49 new houses entering the market over the last 30 days, down from 53 during the previous 30-day period, with an average advertised asking price of $996,142. The property type mix of listed properties is predominantly Houses at 69%, followed by units (17%), and apartments (8%). Ray White was the most active agency in this area, representing 34.7% 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
Whalan NSW 2770