Five Dock / Drummoyne
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  • 535 Lyons Road West, FIVE DOCK, NSW 2046

535 Lyons Road West, Five Dock, NSW 2046

  • 4 Bed
  • 1 Bath
  • 2garages

Sold

Auctioned for $3,880,000 on Nov 23, 2024

Sold by Sam Varrica 0430 506 002

Located in close proximity to Five Dock's lifestyle benefits and bordering Canada Bay, offering great convenience within easy access to Five Dock's shopping village, schools, transport, future "Metro" Station and nearby foreshore.

Look beyond the facade of this substantial freestanding home to discover a development opportunity in the heart of Five Dock. Set on approx.. 954.8sqm of level land, this expansive property offers a wealth of options for development and subdivision that will capitalise on this prime location. The property is being offered for auction with vacant possession.

Currently a freestanding home in original condition, 3 bedrooms 1 bathroom with multiple car off street parking. The park sized rear yard offers great privacy and family enjoyment for all. Renovate, redevelop and build one or two homes, realise the potential of this huge and rare opportunity (STCA)

+ Approx 954.8sqm prime level land with exceptional width of approx 22.408mtrs.

+ Perfect property to land bank or possible subdivision opportunity (STCA).

+ Plenty of scope for further enhancement, an opportunity unmatched in possibility, this massive parcel of land provides a rare chance for the discerning investor, land banker or developer.

+Spectacular find with unquestionable promise in one of the Inner West's most desirable community settings

Raine & Horne Five Dock | Drummoyne makes no statement, representation or warranty and assumes no legal liability in relation to the accuracy of the information provided. Interested parties should conduct their own due diligence in relation to each property they are considering purchasing. All photographs, maps and images are representative only for marketing purposes.

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avatar Sam Varrica
Sam Varrica
Director, Licenced Real Estate Agent
avatar Sam Cognetta
Sam Cognetta
Sales Specialist

Got a property to sell? Contact us for a free Request Appraisal

Property Info:
  • Property ID: L31405242
  • Property Type:House
  • Garages:2
  • Land Area:955 sqm
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R&H Suburb Profile: Five Dock
R&H Suburb SummaryHouses
Number of sales67
Average Price$2,912,299
Median Price$2,710,000
Median Rental Price$900 p.w.
Change in Rental Rate (5yr)24 %
R&H Suburb SummaryUnits
Number of sales93
Average Price$1,214,304
Median Price$1,100,000
Median Rental Price$797.5 p.w.
Change in Rental Rate (5yr)35 %
Median Trend - $2,710,000
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