35 Campbell Street, South Windsor NSW 2756

Dual frontage corner block | R3 zoned development site | Dual income duplex | Walking distance to train and shops | Tenants wish to remain The property’s primary competitive advantage lies in its R3 zoning on a 1,500-square-metre corner block, a configuration rarely available in South Windsor and one that positions a buyer for multiple dwelling or child care development without immediate rezoning risk. The existing duplex configuration delivers a current rental return of approximately $46,800 per year with tenants already in place, meaning an investor or developer can hold the property with income while pursuing approvals. The dual frontage and proximity to the train station and local shops strengthen its appeal to both developers seeking yield and families wanting a large block with two separate living areas. The main risk is that the current rental yield sits below the suburb average of 3.6 percent, which may reflect below-market rents or the cost of maintaining two separate tenancies. A buyer should verify lease terms and condition reports before assuming income continuity. The opportunity lies in the flexibility of the R3 zone: a buyer could lodge a development application for townhouses or a child care centre while collecting rent, or simply hold the land as it appreciates in a suburb with 4.5 percent annual growth. The corner position also reduces neighbour objections in future applications, an advantage not available on standard lots.