39 Peel Street, Canley Heights, NSW 2166

An exceptionally rare opportunity to secure a fantastic prime piece of real estate exuding development potential, value adding scope and strong capital growth in a highly desirable and tightly held position, this well positioned residence is truly an impressive property that presents once in a lifetime possibility for all! This much loved and well maintained residence would continue to serve as an ideal family home, with convenience being paramount it boasts a central location that is undeniably in the best street of Canley Heights and provides immediate access and within walking distance to all essential amenities including but not limited to primary and secondary schools, public transport and a wide selection of specialty stores, restaurants and cafes, as well as the vibrant and popular Canley Heights Shopping District.

Tightly held and boasting an ideal rectangular parcel on approximately 742sqm it provides a highly sought-after investment and development opportunity with building flexibility for a modern architectural designed residence, granny flat potential or even medium to high density residential/commercial development individually or by acquiring adjoining allotments (S.T.C.A.). Featuring boundless potential for today and secure capital growth for tomorrow, this exceptionally rare offering in a prized locale with leave a lasting impression in any property market!

Site Features:

• Land size of approximately 742sqm

• Dimensions: 15.24m x 48.8m

• Zone R4 High Density Residential

• Floor Space Ratio: 2:1

• Max Building Height: 20m

• Potential retail/commercial development (S.T.C.A.)

• Potential apartment development (S.T.C.A.)

• Potential townhouse development (S.T.C.A.)

• Potential granny flat development (S.C.T.A.)

• Perfect rectangular and level block

Property Features:

• Well-appointed single level brick veneer residence

• Three (3) well-proportioned bedrooms with built-in wardrobes.

• Bright interiors offering separate living and dining areas.

• Well-presented original kitchen with internal laundry.

• Updated and well-maintained bathroom with separate toilet.

• Rear enclosed entertaining area/sunroom

• Single lock up garage with additional onsite parking.

• Ducted air conditioning.

• Currently leased for $650.00 per week to long term tenants.