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House for Sale

1046 Koonwarra Street North Albury, NSW 2640

$590,000Floorplan
  • 3 Beds
  • 1 Bath
  • 4 Cars

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1046 Koonwarra Street, North Albury, NSW 2640

House for Sale in North Albury

Prime Development Opportunity with Exceptional Potential

  • 3 Beds
  • 1 Bath
  • 4 Cars

Set in a proven growth pocket of North Albury, 1046 Koonwara Street is a strategic acquisition for investors seeking immediate holding income combined with strong future upside.

Occupying a sizeable allotment, the property offers excellent subdivision potential (STCA), allowing investors to unlock additional value through a multi-lot outcome. The block layout also lends itself to second dwelling or dual-occupancy potential (STCA) - an ideal pathway to increase rental yield and long-term capital growth.

The existing home provides the flexibility to generate rental income while development plans are explored, making this an attractive landbank opportunity in a location with consistent tenant demand.

With proximity to schools, local shopping, transport links, and key amenities, the fundamentals for strong occupancy and resale appeal are firmly in place - a crucial factor for investors focused on risk-adjusted returns.

Investment Highlights:

  • Master bedroom with walk in robes
  • Two spacious bedrooms
  • Updated flooring through out
  • Big storage shed with a roller door
  • Subdivision potential to maximise land value (STCA)
  • Scope to add a second dwelling for dual income (STCA)
  • Solid holding asset with rental appeal
  • High-demand rental location
  • Ideal for developers, builders, and long-term investors

1046 Koonwara Street represents a rare chance to secure a scalable investment where multiple exit strategies are available - develop, dual-rent, or landbank and capitalise on future growth.

Land:

690m² / 0.17 acres

Parking:

2 garage spaces and 2 off street parks

Bedrooms:

3

Bathrooms:

1

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