Set in a tightly held cul-de-sac just 600 metres from the heart of Padstow, this charming residence combines exceptional convenience with rare development potential. Positioned on a generous 670 sqm parcel with a 15.24 m frontage, this property offers a wealth of opportunity for astute buyers - from investors seeking long-term gains to families wanting flexibility and space in a prime location.

The main home offers comfortable, low-maintenance living, featuring spacious interiors and a practical layout ideal for growing families. A separate teenage retreat at the rear provides added versatility, perfect for in-laws, extended family, or a potential dual-income investment (STCA). Tradies will also appreciate the wide side access and secure gates, making off-street storage and access to the rear yard a breeze.

With R4 zoning and a 1:1 floor space ratio, this is an opportunity to secure a high-potential site within walking distance to cafes, shops, schools and Padstow Station. Potential return of approximately $750 per week, the property promises both immediate income and impressive future growth potential - a rare combination in today's market.

Features include:
- Spacious lounge and dining zones with abundant natural light
- Well-maintained kitchen and main bathroom, plus second bathroom at rear
- R4 zoning and 1:1 ratio � land bank now with strong capital upside
- Approx. rental return of $750 per week
- Granny flat potential on a 663 sqm block with 15.24 m frontage (STCA)
- Front home features 2 large bedrooms plus separate Large teenage retreat at rear
- Dual, child-friendly backyards with privacy and space
- Wide side access with secure gates � ideal for trades or additional parking
- Just a 6-minute walk to Padstow train station, shops, and local amenities


Disclaimer: All information contained herein is gathered from sources we believe reliable. We have no reason to doubt its accuracy, however we cannot guarantee it. All interested parties should make and rely upon their own enquiries.