A rare opportunity awaits with two houses side by side joining forces to give you a development site on a sprawling 2,391m block zoned R3 (LMCC) in the heart of Cardiff only minutes away to Cardiff CBD & Train station, schools, Wests club & local RSL offering you endless potential for development or investment in a prime, central location.
53 Lachlan Road:
This charming 3-bedroom home features built-in robes in every room, complemented by 2 separate living areas and a cozy small study. High ceilings throughout create a spacious atmosphere. The property also boasts 10 solar panels, ensuring energy efficiency. Outside, a double garage/shed provides ample storage and workspace. Ideal to rent out whilst getting your DA through.
53A Lachlan Road:
This updated 2-bedroom studio is a hidden gem. The master bedroom features a walk-in robe and exclusive access to a fully paved courtyard through glass sliding doors. The open-plan kitchen flows seamlessly into the living and dining areas, creating a modern and inviting space. A self-contained laundry and bathroom with separate bath and shower add convenience. With a single carport and a low-maintenance design, this studio is ideal to gain an extra income.
55 Lachlan Road:
This 3-bedroom house offers you an extra income as well whilst getting preparations in place for development. The layout is practical, with a U-shaped kitchen leading into a dining room and a separate W/C. This home will have an existing tenant for you.
With a block of this size, there's tremendous potential for further development, whether you're envisioning a large complex, multiple dwellings, or other projects (subject to council approval). Located in a highly sought-after area, the possibilities are truly endless! Don't miss out on this unique opportunity.
Land Size Approx. 2,391m2 Combined with 26.7m Frontage & 89.4m Depth.
Potential Combined Rental Return Approx. $1600 Per Week
53A Lachlan Road - $570 Per Week
53 Lachlan Road - $530 Per Week
55 Lachlan Road - $500 Per Week
For further information contact the local area's first choice for real estate Troy Duncan on 4950 8555
First National Real Estate Lake Macquarie are your local experts for the Lake Macquarie and Newcastle area, we proudly market this home and are always looking for more homes to sell. If you would like honest, expert advice to achieve excellent results, call us on 4950 8555 to discuss your home.
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