69 Melwood Avenue, Forestville, NSW 2087
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Sold
Sold Prior To Auction for $3,400,000 (Sep 02, 2022)
DA APPROVED SUBDIVISION - 1416SQM
Offering a rare opportunity to capitalise on the existing subdivision approval, this tremendous land holding of approximately 1416sqm provides a seemingly endless scope of options. The ability to develop, extend, or renovate just moments from local sporting facilities, Forestville Shopping Village and bus transportation makes this a highly desirable opportunity for buyers wishing to construct a bespoke home or developers looking to benefit from an approved DA.
- DA approved to subdivide into 2x 708sqm blocks
- Concept plans for 2x luxury homes with entertaining terraces and in-ground swimming pools
- Scope to maximise on the leafy district outlook from the first floor
- Frontage approximately 27.43m , Depth approximately 51.81m
- Just a short stroll to Forestville Shopping Village and Killarney Heights Schools
Got a property to sell? Contact us for a free Request Appraisal
- Property ID: L17409479
- Property Type:House
- Garages:2
- Land Area:1416 sqm
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R&H Suburb Summary | Houses |
---|---|
Number of sales | 91 |
Average Price | $2,357,659 |
Median Price | $2,232,000 |
Median Rental Price | $1050 p.w. |
Change in Rental Rate (5yr) | 24 % |
R&H Suburb Summary | Units |
---|---|
Number of sales | 16 |
Average Price | $1,467,906 |
Median Price | $1,580,000 |
Median Rental Price | $682.5 p.w. |
Change in Rental Rate (5yr) | 5 % |