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99 Remembrance Driveway
Tahmoor, NSW 2573
$2,000,000
Overview
99 Remembrance Driveway, Tahmoor
This exceptional R3-zoned development site is located in the heart of Tahmoor, within a dynamic growth corridor and just a short walk from Tahmoor Railway Station and the Town Centre. The property offers a prime opportunity for multi-dwelling redevelopment, with potential for up to eight townhouses (subject to council approval). Each townhouse is envisioned to include three bedrooms, two bathrooms, and single-car accommodation, making it an attractive prospect for developers and investors alike.
The site covers a generous 2,000 square meters, is fully fenced, and features a gentle slope from front to back. This topography is advantageous for construction, allowing for efficient and cost-effective site works. Currently, the property includes two existing dwellings, providing dual rental income which can help offset holding costs during the development planning, approval, or staged construction phases.
There is further potential to enhance the value of this investment by acquiring the neighboring property, effectively doubling the landholding. This expansion would significantly increase yield, design flexibility, and overall project feasibility, making it a rare and valuable opportunity in a tightly held area.
Tahmoor Town Centre is the largest commercial hub in the Wollondilly region, offering a diverse mix of national retailers and essential services such as Woolworths, Aldi, cafes, medical centers, dentists, and chemists. The area benefits from strong educational infrastructure, including Tahmoor Public School and Picton High School, the latter having recently undergone a $100 million upgrade. These factors contribute to ongoing population growth and strong buyer demand in the region.
This property represents a unique chance to secure a well-located, income-generating development site in an area experiencing continued infrastructure investment and promising capital growth prospects. The price quoted is for both blocks combined, totaling 2,000 square meters.
Interested parties are encouraged to conduct their own due diligence, including planning, legal, and financial investigations, prior to making any offer. Independent legal advice is recommended before entering into any contract.
Location
Tahmoor NSW 2573
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