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4 Devlin Street, Ashcroft NSW 2168

$1,025,000 - $1,095,000

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$1.03M - $1.08M Transparent Transparent Listing Based on an openly advertised listing price.

House 3 Beds 1 Bath 683 m² 80 m²

Listed: 50 days ago

Overview

Situated on a generous 683 square metre parcel zoned R3, this established three-bedroom residence provides a compelling blend of immediate rental yield and significant development potential. Its substantial land size and 18.9-metre frontage represent a rare opportunity to engage with the current redevelopment momentum sweeping the area.

Currently leased and generating consistent income, the property offers investors a stable return while exploring future development prospects. A noteworthy feature is its adjacency to an approved development of seven townhouses, illustrating the viability of higher-density residential projects in this locale.

The land's size and zoning open the possibility for duplex construction, potentially enhanced by studios or supplementary dwellings per duplex, subject to planning regulations and approvals. The option to pursue these through the CDC/private certifier pathway can streamline development for qualified buyers, adding flexibility and efficiency to project rollout.

With proximity to Liverpool CBD and key amenities such as schools and transport, the property appeals strongly to developers, investors, and land bankers seeking to capitalize on emerging growth corridors. The residence itself provides habitable accommodation, bridging present lifestyle needs with the promise of capital growth through redevelopment.

Substantial 683 sqm landholding with wide frontage enhances development options
Three-bedroom home securing immediate rental income with a weekly lease
Established location near Liverpool CBD, supporting both livability and investment appeal
Potential for duplex and multi-dwelling projects subject to council approval
Opportunity to acquire adjoining DA-approved site for expanded development scale

All prospective purchasers should conduct thorough due diligence with planning authorities to assess feasibility and navigate regulatory pathways. This property offers a strategic foothold in an evolving market, combining stable cash flow with future redevelopment upside.

Local Market Insights

In Ashcroft, Quiet Listings observed 16 new houses entering the market over the last 30 days, down from 25 during the previous 30-day period, with an average advertised asking price of $1,260,563. The property type mix of listed properties is predominantly Houses at 95%, followed by duplexes (5%). The most active agency for houses in the Ashcroft area is currently Ray White, representing 31% of new listings, followed by LJ Hooker with 13%. 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.