Property ID: 1P7221
27-29 Garrong Road Lakemba NSW
Auction
- 7
- 4
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House
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Auction
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Tue 16th of Jul12:00 PM - 12:30 PMFri 19th of Jul01:00 PM - 01:30 PM
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1037 sqm
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1
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Fri 19th of Jul02:00 PM
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On Site
Outstanding Opportunity In Lakemba – 1,037 m² block R3 Zoning
*** Open Home this Tuesday 12-12:30pm ***
*** Auction this Friday at 2pm Onsite: Registration starts 1:30pm ***
27 Garrong Road & 29 Garrong Road Lakemba
This exceptional 1,037 m² Zone R3 Medium Density Residential property comprises two properties (27 Garrong Road and 29 Garrong Road), offering a superb opportunity for developers, professionals, savvy investors, and extended family home buyers! With the NSW Government's new housing rules poised to override existing council planning regulations, this combined property presents a rare opportunity rarely seen in this area.
Features:
• Total Land Area: 1,037 m²
• Frontage: 20.726 meters
• Depth: 50.292 meters
• Good Rental Income: Generates a steady income stream while holding for future development
• 27 Garrong Road: Full brick, 3 bedrooms, 2 bathrooms, land 505.9 m², fully renovated
• 29 Garrong Road: Full brick, 3 bedrooms, 2 bathrooms, separate 1-bedroom granny flat, land 531.1 m²
• Spacious backyards: Ample parking and recreational space
• Ideal For: Developers, extended families, savvy investors, professional use
Location and Benefits:
• Leafy neighbourhood: Enjoy the tranquility of a green, suburban setting
• Convenience: Short walk to Hampden Park Public School, St Therese Catholic Primary School, Lakemba train station, and the upcoming Metro station (opening in 2025)
• Amenities: Close proximity to Woolworths, cafes, restaurants, popular clubs, and Parry Park
• Healthcare and Transport: Easy access to Canterbury Hospital, Belmore station, and Campsie Centre
Key Opportunities:
• Zoning Benefits: The R3 zoning aligns with the NSW Government's proposed new planning controls, allowing for the construction of low-rise terraces, townhouses, manor houses (two-storey apartment blocks), and six-storey mid-rise apartments in areas near railway stations and shopping centres.
• Government Support for Development: More information available at (https://www.cbcity.nsw.gov.au/development/low-to-mid-rise-housing-changes)
This is a rare chance to secure a prime piece of Lakemba real estate with exceptional potential for various uses. Don't miss out on this outstanding opportunity!
For more information or to arrange an inspection, please contact: Sunny Lee on 0424 273 283 or email sunny@castlehaven.com.au today!
*** Auction this Friday at 2pm Onsite: Registration starts 1:30pm ***
27 Garrong Road & 29 Garrong Road Lakemba
This exceptional 1,037 m² Zone R3 Medium Density Residential property comprises two properties (27 Garrong Road and 29 Garrong Road), offering a superb opportunity for developers, professionals, savvy investors, and extended family home buyers! With the NSW Government's new housing rules poised to override existing council planning regulations, this combined property presents a rare opportunity rarely seen in this area.
Features:
• Total Land Area: 1,037 m²
• Frontage: 20.726 meters
• Depth: 50.292 meters
• Good Rental Income: Generates a steady income stream while holding for future development
• 27 Garrong Road: Full brick, 3 bedrooms, 2 bathrooms, land 505.9 m², fully renovated
• 29 Garrong Road: Full brick, 3 bedrooms, 2 bathrooms, separate 1-bedroom granny flat, land 531.1 m²
• Spacious backyards: Ample parking and recreational space
• Ideal For: Developers, extended families, savvy investors, professional use
Location and Benefits:
• Leafy neighbourhood: Enjoy the tranquility of a green, suburban setting
• Convenience: Short walk to Hampden Park Public School, St Therese Catholic Primary School, Lakemba train station, and the upcoming Metro station (opening in 2025)
• Amenities: Close proximity to Woolworths, cafes, restaurants, popular clubs, and Parry Park
• Healthcare and Transport: Easy access to Canterbury Hospital, Belmore station, and Campsie Centre
Key Opportunities:
• Zoning Benefits: The R3 zoning aligns with the NSW Government's proposed new planning controls, allowing for the construction of low-rise terraces, townhouses, manor houses (two-storey apartment blocks), and six-storey mid-rise apartments in areas near railway stations and shopping centres.
• Government Support for Development: More information available at (https://www.cbcity.nsw.gov.au/development/low-to-mid-rise-housing-changes)
This is a rare chance to secure a prime piece of Lakemba real estate with exceptional potential for various uses. Don't miss out on this outstanding opportunity!
For more information or to arrange an inspection, please contact: Sunny Lee on 0424 273 283 or email sunny@castlehaven.com.au today!
Features
- Air Conditioning
- Built-ins
- Close to Schools
- Close to Shops
- Close to Transport
