Forestville
Sale
Under Contract
5 Beds2 Baths2 Cars
Key details
Property Type
House
Land Area
922 SQM
Highlights
Off-Market 922sqm Flat Block Development Opportunity - Address Available on Request
Positioned in a highly sought-after locale, 16 Melwood Avenue offers a prime opportunity development on a generous 922sqm flat block with an 18.8m frontage. Ideally located just a stone's throw away from the RSL, school, and bus stop, and within a short level walk to Forestville shopping village, this property ticks all the boxes for savvy developers.
Positioned in a highly sought-after locale, 16 Melwood Avenue offers a prime opportunity development on a generous 922sqm flat block with an 18.8m frontage. Ideally located just a stone's throw away from the RSL, school, and bus stop, and within a short level walk to Forestville shopping village, this property ticks all the boxes for savvy developers.
Currently advertised off-market, the property includes both a house and a granny flat, generating an impressive $1,980 per week rental income. The tenants are stable and in place, offering an immediate income stream while you plan for future development.
16 Melwood Avenue is located within a designated area for the new Low and Mid-Rise Housing Policy planning controls and less than 400 metres walk to the Forestville Town Centre, making this an exceptional opportunity for those looking to capitalise on Forestville's growing demand.
Don't miss your chance to secure this promising development site in a fantastic location. Contact us today for more details!
Currently advertised off-market, the property includes both a house and a granny flat, generating an impressive $1,980 per week rental income. The tenants are stable and in place, offering an immediate income stream while you plan for future development.
16 Melwood Avenue is located within a designated area for the new Low and Mid-Rise Housing Policy planning controls and less than 400 metres walk to the Forestville Town Centre, making this an exceptional opportunity for those looking to capitalise on Forestville's growing demand.
Don't miss your chance to secure this promising development site in a fantastic location. Contact us today for more details!
Contact the agent
Similar Properties in the area
Forestville Neighbourhood Profile
A vibrant suburb characterized by its suburban charm and natural surroundings. It is distinguished by a diverse range of housing, from quaint cottages to contemporary homes, all nestled in scenic bushland. The area boasts a robust community spirit, underscored by local schools, churches, and recreational facilities. Forestville's central shopping area provides essential amenities and boutique shops. Well-connected to Sydney through major roads and public transport, Forestville offers a balance of peaceful living and urban convenience, appealing to families and professionals alike.
Popular Suburbs
You may be interested to look at some of our popular areas
Selling before you purchase
Simply enter your address below and find out the value of your home.
Be the first to know about new
properties that will interest you
before they hit the market
Property & real estate news
Understanding the Northern Beaches like the back of our hands allows us to offer impeccable levels of service and elicit
the most favourable sale price (we also know the best local surf breaks, if you’re interested).
the most favourable sale price (we also know the best local surf breaks, if you’re interested).
