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54 Bent Street, Tuncurry NSW 2428

$995,000

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$995k - $1.04M Transparent Transparent Listing Based on an openly advertised listing price.

House 3 Beds 2 Baths 4 Cars 1252 m²

Listed: 38 days ago

Updated: 17 days ago

Overview

This property offers a significant opportunity for investors and developers alike, situated on a generous, nearly level 1252 sqm parcel of land with a wide 25-meter frontage on Bent Street and additional access via Tuncurry Lane. Its zoning under R2 Residential allows for multiple development paths including subdivision, dual occupancy, or building a duplex, with a maximum building height restriction of 8.5 meters (two storeys), subject to council approval.

Currently, the property includes a 1950s-built main residence complemented by a self-contained brick granny flat, both tenants in place, generating immediate rental income. This dual-residence setup could appeal to a range of buyers seeking steady returns or those looking to renovate or redevelop with approval for additional dwellings.

Convenient access to local amenities including a shopping precinct just 200 meters away.
Proximity to Woolworths supermarket and the Tuncurry Bowling Club within a 500-meter radius.
Leisure options such as a cinema only 650 meters from the property.

Moreover, the location benefits from modern infrastructure, including nbn Fibre to the Premises (FTTP), ensuring high-speed internet connectivity, an increasingly valued feature for residents balancing work and lifestyle demands.

This property represents a blend of investment security and future development potential suitable for investors, developers, or those looking to capitalize on the flexibility offered by its zoning and existing income.

Local Market Insights

In Tuncurry, Quiet Listings observed 43 new houses entering the market over the last 30 days, up from 41 during the previous 30-day period, with an average advertised asking price of $1,173,023. The property type mix of listed properties is predominantly Houses at 62%, followed by villas (9%), and units (7%). The most active agency for houses in the Tuncurry area is currently Ray White, representing 26% of new listings, followed by JKL Real Estate Forster with 14%. 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.