Positioned in a highly desirable Padstow location and surrounded by quality new homes, this versatile home presents an exceptional opportunity for growing families, investors, builders and developers alike. Offering immediate rental income and significant future upside, it is perfectly suited to those seeking to secure a valuable parcel in a rapidly growing neighbourhood.

Whether you're looking to renovate, rebuild your dream home, or capitalise on the area's ongoing transformation, this property offers flexibility and long-term value. Set on approximately 518.5sqm with a generous 12.8m frontage, the site is also well suited for a granny flat addition (STCA), creating the potential for dual-income returns. Currently leased at $740 per week, the home provides strong holding income while plans are made for the future. Conveniently located within an 11-minute walk to Padstow Station, schools, shops and local amenities, this is a rare off-market opportunity not to be missed.

- Single level 4-bedroom home, currently leased for approx. $740.00 per week
- Set on approx. 518.5sqm with a approx. 12.8m frontage
- Ideal knockdown and rebuild opportunity (STCA)
- Potential for a granny flat at the rear for additional income (STCA)