Positioned in a highly sought-after location, 1/29 & 2/29 Weymouth Road present an exceptional and increasingly rare opportunity for developers, land bankers, and astute investors alike.
Set across two separate titles and boasting a combined land area of approximately 1,348m², this premium holding features two standalone dwellings, each with independent services and income streams. Opportunities of this scale, flexibility, and infrastructure readiness are becoming increasingly scarce in today’s tightly held market.
Key Highlights:
• Two standalone homes on two freehold titles
• Two power meters and two water meters already in place
• Total land area: 1,348m² (more or less)
• Terraced Housing & Apartment Building Zone (THAB)
• Over 19 metres of road frontage
• Flat, usable site – ideal for development
• No flooding concerns
• Two separate driveways for easy access and design flexibility
• Currently tenanted, returning $67,600 per annum
Whether you’re looking to develop immediately or landbank for future gains, this property offers outstanding versatility and strong underlying value. The THAB zoning supports intensive development, making this a prime site for terrace housing or apartment projects (subject to council approval).
With separate titles and independent utility connections already established, the groundwork is in place for a smoother development pathway—saving time, cost, and complexity.
Both homes are currently tenanted, providing a solid holding income while you plan and consent your next project.
Location Benefits:
Situated in a well-established and rapidly evolving neighbourhood, Weymouth Road offers excellent connectivity and convenience. Enjoy close proximity to local schools, shops, public transport, parks, and coastal walkways. Easy access to main arterial routes ensures seamless travel to key employment hubs and surrounding amenities.
Large, flat, flood-free development sites with dual titles, dual services, and THAB zoning are increasingly rare. This is a standout opportunity to secure a high-potential site in a growing location.
Act now – opportunities like this are few and far between.
