Description
Investment Opportunity – 717sqm Corner Block with Subdivision Potential
Strategically positioned directly opposite Woodlupine Primary School and lush parklands, this 4-bedroom, 1-bathroom home was built in 1977 and sits on a generous 717sqm corner block, zoned R20/40, opening up a world of opportunity for savvy investors.
Currently tenanted and professionally managed by Centurion Real Estate, this property delivers an immediate income stream, while offering the flexibility to retain, redevelop or subdivide (*STCA).
Why It’s a Smart Buy:
Income from Day One – Tenanted with reliable returns
Future-Proof Potential – Retain the existing home and build behind or explore triplex development options (*STCA)
Zoned R20/40 – Rare zoning offering versatile redevelopment options
High Rental Demand – Across from school, close to shops, transport & amenities
Whether you’re growing your portfolio or land-banking for future gains, this is a rare combination of location, income and development upside.
Bottom Line: With a quality tenant in place, professional management already secured, prime R20/40 zoning and a location that ticks all the boxes, this is a rare “buy now, develop later” property in a high-demand growth area.
Investment ready and full of potential. Whether you’re a first-home buyer, savvy investor or someone wanting a value-packed property with upside, this is one to see. Call Patti today on 0421 195 198 to arrange your viewing.
Disclaimer: All information provided in this listing is believed to be accurate, but interested parties are advised to do their own due diligence and fact-checking prior to making any decisions. The market conditions and property details may change, and we recommend verifying all information independently.
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