28-28a Lone Pine Parade, Matraville
$ 2,775,000
overview
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1P2226
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House
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Sold
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594 sqm
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2
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6
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2
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2
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$783.08 Quarterly
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$171.41 Quarterly
Description
Unparalleled Potential, A Prime Duplex Site with Dual Income or Luxury Development Opportunity
Nestled on a generous 594sqm corner block, this CDC approved duplex site presents a unique investment opportunity with the potential to redevelop into two luxury 5-bedroom homes or capitalize on existing dual income from separate tenancies. Currently configured as 2 x 3 bedroom upstairs/downstairs duplexes, with the ability to generate strong rental income. Offering separate entries, living areas, and kitchens on both levels, this property combines privacy with convenience in a prime elevated position. A rare find in a coveted location, it's close to shops, beaches, and amenities, making it a smart choice for investors or developers.
Property Features:
- CDC approved for 2 x 5 bedroom luxury duplex homes
- Current dual income setup with 2 x 3 bedroom duplexes
- Separate entries for privacy and convenience
- Elevated corner block with district views
- Upstairs bedrooms and balconies capture scenic views
- Flexible floorplan for home plus income or dual income options
- Double garage, off-street parking, and carport
- Close proximity to shops, beaches, and amenities
- CDC duplex plans available for viewing on request
Conjunction Agent: Joshua Karam, McGrath 0466 158 323
Property Features:
- CDC approved for 2 x 5 bedroom luxury duplex homes
- Current dual income setup with 2 x 3 bedroom duplexes
- Separate entries for privacy and convenience
- Elevated corner block with district views
- Upstairs bedrooms and balconies capture scenic views
- Flexible floorplan for home plus income or dual income options
- Double garage, off-street parking, and carport
- Close proximity to shops, beaches, and amenities
- CDC duplex plans available for viewing on request
Conjunction Agent: Joshua Karam, McGrath 0466 158 323
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