1 Sydney Street, Blacktown NSW 2148

6-bed house on 573m² lot | duplex configuration potential | central walkable location | no overlays | motivated vendor This property presents a competitively strong proposition due to its underlying land size and flexible configuration. The 573-square-metre lot with a single-level house offers rare potential, as the listing description suggests a duplex setup. This positions the property uniquely for an owner-occupier seeking extended family living or an investor considering a future subdivision, subject to council approval. Its central location within walking distance to schools and transport directly serves buyers prioritizing convenience. The primary decision point is resolving the configuration discrepancy between the six-bedroom house and the listed duplex description; a title and planning check is essential to quantify this opportunity cost. The motivated vendor indicates potential for negotiation, but the commercial logic requires verifying the highest and best use. Proceed with an offer strategy contingent on confirming development potential, otherwise value it as a large family home. Our report would ground your offer with a real market valuation based on comparable sales and detail the necessary checks for locality risks and feasibility. Recent sales on Sydney Street provide a direct value benchmark: – 21 Sydney Street (5 bed, 3 bath) sold for $1,265,000 in Feb 2023. – 9 Sydney Street sold for $1,021,000. – 1/18 Sydney Street (3 bed unit) sold for $812,000 in Nov 2024. The subject property’s estimated value of $1,391,000 reflects its larger scale and lot size relative to these comparables, supporting its premium. The adjacent 1A Sydney Street at a similar value confirms the lot’s inherent worth.