Blue-Chip Opportunity: Develop or Landbank in a Premier Location
A remarkable offering, 27 & 29 Kelly Street, Punchbowl presents a generous 1,201.4sqm approx. combined land size and dual-title opportunity in a highly sought-after location. Whether you're looking to invest, develop, or landbank, this exceptional property promises outstanding potential. Zoned B2, these properties provide a wealth of development opportunities, including potential uses such as boarding houses, childcare facilities, educational establishments, medical centres, and shop-top housing, among others, all subject to council approval. This flexibility makes it an outstanding choice for developers seeking to create high-value projects tailored to the growing demands of the suburb. Set across two titles, these freestanding homes are perfectly positioned to deliver exceptional future returns. Both properties are well-maintained double brick homes, making them ideal for immediate occupation or rental while planning for future development. Conveniently located just moments from Punchbowl train station, Punchbowl Oval, Punchbowl Boys High School, and local shops, with the Sydney Metro Line expected to be completed in Punchbowl by late 2025, enhancing connectivity and future growth potential. 27 Kelly Street, Punchbowl: A well-maintained double brick home offering a spacious and practical layout. The property features three generously sized bedrooms, two of which include built-in wardrobes, and a well-appointed bathroom with both a shower and bath. An additional outdoor bathroom provides added flexibility, perfect for guests or entertaining. The home also includes a functional kitchen with an electric cooktop, internal laundry and three split air conditioning systems. This property is complete with a tandem lock-up garage, offering secure parking and storage. 29 Kelly Street, Punchbowl: An equally inviting, double brick home designed for comfortable family living and entertaining. This property includes three spacious bedrooms, a bathroom with a shower and bath, and an internal laundry. The well-equipped kitchen features a dishwasher and electric cooktop, while the living spaces are kept comfortable with a split air conditioning system. As you step outside, the home boasts a swimming pool and entertaining area, along with a single lock-up garage. Perfectly located in a high-growth corridor and only 15km from Sydney's CBD, this is a rare chance to secure a substantial landholding with immense future possibilities. Act now to capitalise on this exceptional opportunity in one of Punchbowl's most desirable locations.
More information about this property, including the Statement of Information, can be found on our website.
Enquire about this property
Valuing your home
in this area?
Contact us for a free property appraisal with your local Belle Property Real Estate expert.
Valuing your home
in this area?
Contact us for a free property appraisal with your local Belle Property Real Estate expert.