Renovators, Investors & Developers - Unlock The Potential!

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38 Wentworth Street, Oak Flats NSW 2529

$899,000 - $949,000

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$899k - $944k Transparent Transparent Listing Based on an openly advertised listing price.

House 5 Beds 2 Baths 1 Car 695 m²

Listed: 2 days ago

Overview

This property offers a distinctive opportunity for renovators, investors, and developers keen to unlock its full potential. Situated on a sizable 695m² block, the home is primed for a complete transformation, providing a versatile foundation for reshaping its interior to suit varying lifestyles or investment strategies.

Featuring five bedrooms and two bathrooms, complemented by two separate living areas, the layout grants ample space and flexibility. This design lends itself well to families seeking generous accommodation or investors considering rental configurations and long-term capital growth. The property also presents potential development opportunities, subject to council approval (STCA), making it an attractive prospect for those looking to enhance value through re-development.

Its practical location near Stockland Shellharbour, alongside local shopping, schools and other everyday amenities, adds to the property's appeal, combining convenience with scope for creative reinvention.

Five spacious bedrooms accommodate family and guests comfortably.
Two bathrooms facilitate convenience and practicality.
Single off-street parking supports easy access.
A generous 695m² block provides outdoor space and redevelopment potential.
Two separate living areas allow flexible living arrangements.
The home requires full renovation, appealing to those wanting to add personal touches or maximize investment value.
Potential development site, subject to council approval.
Convenient proximity to major shopping and amenities enhances everyday living quality.

In summary, 38 Wentworth Street is an inviting canvas for those motivated to reimagine a residence or investment, offering significant upside potential in a convenient and established suburb.

Local Market Insights

In Oak Flats, Quiet Listings observed 28 new houses entering the market over the last 30 days, up from 26 during the previous 30-day period, with an average advertised asking price of $1,435,071. The property type mix of listed properties is predominantly Houses at 64%, followed by apartments (15%), and townhouses (11%). The most active agency for houses in the Oak Flats area is currently Ray White, representing 43% of new listings, followed by Right Choice Real Estate with 18%. 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.