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Gymea 40-42 Hotham Road

Auction, Unless sold prior

Rare Opportunity

Positioned within a tightly held and highly sought-after pocket of Gymea, this substantial landholding presents a rare and compelling opportunity for homeowners, investors or developers alike. Occupying an expansive 1,523sqm (approx.) parcel with an impressive 33.325m frontage, the site is zoned R3 Medium Density Residential and offers excellent accessibility to public transport, shopping villages, parks and quality local schools.

High Points

  • ‐ Substantial 1,523.619sqm (approx.) landholding in a tightly held pocket of Gymea
  • ‐ Zoned R3 Medium Density Residential, offering strong redevelopment potential STCA
  • ‐ Impressive land dimensions of 33.325m frontage x 45.75m depth, allowing excellent design flexibility
  • ‐ Currently improved with two villas and one townhouse, providing immediate holding income
  • ‐ GFA 2,284.5sqm (approx.) FSR 1.5:1
  • ‐ Ideal opportunity for developers, investors or owner-occupiers seeking future upside
  • ‐ Flexible existing layouts with additional swimming pool
  • ‐ Only a short walk from quality schools, Gymea and Kirrawee station, Hazelhurst Art Gallery, Kirrawee South Village and Gymea Tradies and more

Potential Rental Income (Approx.)
1/40 – 42 | 3 bed | 2 bath | 1 car - $900 – $1,000 per week
2/40 – 42 | 3 bed | 2 bath | 1 car - $900 – $1,000 per week
3/40 – 42 | 4 bed | 3 bath | 1 car - pool - $1,100 – $1,200 per week

For all your home loan needs please give the team at Highland Financial Services a call on 02 9523 2699 or visit www.highlandfinancialservices.com.au

Property Details

Land/Development

Land size: 1523.0sqm

Frontage: 33.33m

AuctionUnless sold prior

Head Office , Level 3/140 Cronulla Street, Cronulla

Agents

Highland 170822 0002

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