743 Kingsway, Gymea NSW 2227

DA-approved dual residence | level 695sqm Gymea block | liveable now, develop later | rare suburban infill. This property presents a rare buying case: a liveable single-level house on a level 695sqm block with DA-approved plans for two freestanding residences. The dual-value position is its core strength, serving buyers who want immediate occupation while holding a clear, council-approved redevelopment pathway. It suits a developer seeking a de-risked project, an investor after rental income with built-in uplift, or an owner-occupier land-banking for future subdivision. The Gymea village and station proximity reinforce tenant and resale demand. The key risk is execution timing—the approved plans may require renewal or modification, and construction costs have risen. The opportunity lies in leveraging the DA to secure premium sale or build-to-sell margins above a standard house price. A buyer should hold the property as a home or rental, then trigger the development when market or financing conditions align.