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Overview
This expansive property at 564-566 George Street, South Windsor presents a unique opportunity for astute investors or developers seeking substantial land with versatile income potential. Zoned R3 for medium density residential development, the site comprises two adjacent titles offering just over 1,500 square metres of land with rear laneway access, providing the flexibility for redevelopment or sustained rental income.
Included within the property are three separate residences, collectively boasting nine bedrooms and four bathrooms, ideal for maximizing investment returns. The first title at 564 offers a neat three-bedroom home characterised by its high ceilings, dual bathrooms, and practical side access that facilitates easy movement and storage. Complementing this is a modern two-bedroom studio with its own yard, which enhances rental appeal or could serve as a comfortable space for extended family or guests.
The second title at 566 features a beautifully renovated and generously sized four-bedroom home with extensive covered outdoor areas, including a dedicated teenage retreat, emphasizing both functionality and lifestyle comfort. Excellent side access enhances privacy and utility, accommodating multiple vehicles or additional storage needs.
- R3 zoning allowing for development possibilities
- An impressive land area totaling approximately 1,500 sqm across two titles
- Three income-producing residences with diverse living arrangements
- Flood-free location with convenient proximity to local shops and amenities
This property suits investors prioritizing immediate rental income combined with future development potential or families seeking multifaceted living space. The combination of individual dwellings and land zoning creates versatile options accommodating various lifestyle and financial goals.
Prospective buyers are encouraged to undertake independent due diligence to verify details and explore possibilities under the current zoning and land conditions.
Local Market Insights
In South Windsor, Quiet Listings observed 29 new houses entering the market over the last 30 days, down from 45 during the previous 30-day period, with an average advertised asking price of $1,322,759. The property type mix of listed properties is predominantly Houses at 89%, followed by duplexes (6%), and apartments (3%). The most active agency for houses in the South Windsor area is currently McGrath Estate Agents, representing 59% of new listings, followed by First National with 17%. 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
South Windsor NSW 2756
Market Insights for South Windsor NSW 2756
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