24 Paceville Street, Grantham Farm NSW 2765

Vacant land in Grantham Farm | 389sqm at $890k | Paceville Street estate | Blacktown Council area | no sales history available This property offers a rare entry point into a modern estate with a lot size that is above the typical 299sqm found on the same street. The 389sqm parcel provides a meaningful configuration advantage for a detached house design, which is a genuine scarcity in this corridor. It serves buyers who want a new build in a developing area near Hills of Carmel Shopping Centre and the Tallawong Metro, without paying a premium for an established house. The council area has demonstrated consistent demand for land in this price bracket, and the absence of a sales history suggests the vendor may be motivated by a quick settlement rather than a hold strategy. The main risk is the lack of any recorded sales or rental data for this specific lot, which means the $890,000 estimate is based on comparable land only and may not reflect a true market-clearing price. Buyers should verify the zoning and any development overlays from Blacktown Council before committing, as vacant lots in new estates sometimes carry hidden infrastructure costs or delayed title transfers. The opportunity lies in securing a larger block at a price that is only 23% above a 299sqm lot nearby, which gives a better cost-per-square-metre ratio for future value. Hold this land for a build within 12 months, or flip the contract if a pre-approval buyer emerges before settlement.