Positioned on a wide 729sqm (approx.) parcel, 72 Gipps Street, Smithfield is a standout opportunity bursting with potential for families, savvy investors, and developers alike. Offering space, flexibility, and endless possibilities, this solid double-storey brick residence is ready to be transformed into something truly special. Currently configured with excellent scope for use as a boarding house, this property presents an exceptional income-generating opportunity, making it one of the most attractive prospects for investors in the area.Designed for versatility, the home features multiple living and dining zones across both levels, making it ideal for large or growing families, multi-generational living, or those seeking extra space to work and entertain. Upstairs, a private retreat complete with rumpus room and balcony provides the perfect escape, further enhancing its suitability for shared accommodation or boarding house use.• Flexible floorplan with multiple living and dining areas• Four generous bedrooms, including upstairs retreat with rumpus and private balcony• Two bathrooms plus additional kitchenette offering dual occupancy potential• Ideal layout for conversion or continued use as a boarding house, maximising rental returns• Expansive sunroom and family area flowing to covered outdoor entertaining• Original kitchen with ample storage and scope to modernise• Three separate garages - ideal for tradies, storage, or car enthusiasts• Large, low-maintenance backyard with established gardens and water tank• Split system air conditioning and charming vintage character throughoutLocated in one of Smithfield's most convenient pockets, you're just moments from schools, shops, parks, transport, and local amenities-making everyday living effortless. For investors, this is a rare chance to secure a high-yield property with boarding house potential (STCA) in a high-demand location.Whether you're looking to renovate, invest, operate a boarding house, rebuild, or capitalise on future development potential (STCA), this is an opportunity not to be missed. Properties with this much space, flexibility, and strong rental upside are incredibly rare-act quickly to secure your future in a thriving and well-connected location.** Disclaimer: A Class Estate Agents Parramatta believe that all information contained herein be true and correct to the best of our ability and in no way misleading, however all interested parties are advised to carry out their own enquiries and relevant searches independently**
