51 Schofields Farm Road, Tallawong NSW 2762

Corner R2 block in Tallawong | 4-lot subdivision DA lodged | Rare northwest Sydney holding | Flood overlay present This property commands a rare competitive advantage through its approved-in-principle 4-lot subdivision under R2 zoning, a configuration increasingly scarce in the Tallawong-Schofields corridor. The corner position on Schofields Farm Road and Bellflower Street provides independent access and efficient lot yield, which is the primary value driver for a buyer with development intent. The current DA (25-00321) for demolition and subdivision, already notified to council, reduces pre-purchase risk and timeline uncertainty. This property is best suited to an experienced developer or investor seeking a medium-term land bank with immediate subdivision pathway, rather than an owner-occupier. The primary risk is the Flood Prone and Major Creeks Land overlay, which may impose building envelope restrictions, increase civil works costs, or delay approvals,buyers must commission a flood impact assessment before committing. The bushfire and heritage overlays are clean. The existing dwelling has no holding value beyond demolition, so carry costs are pure land holding. Commercial logic is straightforward: acquire at or below the $1.84m valuation range, progress the lodged DA, and exit as four Torrens title lots within 18–24 months. Hold this property as a development pipeline, not a home.