Fixed Date Sale - Must be sold on or before the 12th of July 2026. All offers will be presented as soon as they are written up, an offer may be accepted before the end date. FIRST HOMEOPEN IS SUNDAY THE 28th of June at 12:30 - 1pm.
Positioned on a generous 700m² block with sought-after R15/25 zoning, this freshly updated property presents an outstanding opportunity for investors, developers and future-focused buyers alike.
Freshly painted throughout and featuring brand-new carpets, the home is move-in ready and offers immediate rental income potential of approximately $600 per week while you explore the subdivision possibilities (subject to relevant approvals).
The existing home offers comfortable living today, while the large block size and excellent layout create exciting opportunities for tomorrow. With wide side access already in place, the property is perfectly suited for a future rear lot access driveway, making it an ideal candidate for those looking to unlock additional value through subdivision and development.
Property Features:
- Block size: 700m2
- Living area: 104m2
- Built in 1993
- 3 bedrooms, 1 bathroom
- Freshly painted throughout
- Brand-new carpets throughout
- Spacious 700m² block
- R15/25 zoning
- Potential subdivision opportunity (STCA)
- Wide side access ideal for future rear lot access
- Large shed
- Strong rental appeal
- Estimated rental return of approximately $600 per week
With recent Federal Budget changes proposing restrictions to negative gearing on established properties purchased after July 2027, opportunities to secure quality investment properties with development upside are becoming increasingly attractive. Investors looking to secure a land-rich asset with multiple exit strategies should take notice.
Whether you're looking to landbank, develop, build at the rear, or simply add a high-yielding investment to your portfolio, 34 Farmer Avenue delivers flexibility, future potential and immediate income.
Opportunities like this don't last long - contact us today for more information.
