10 Hadrian Avenue, Blacktown NSW 2148

3 bed house on 553m² | 1950 build with pool | Granny flat potential | 5-min to Mega Centre | Leased 2023 This property presents a competitively strong land position within a well-connected suburb. Its oversized 553-square-metre block, with a 39% building footprint, offers genuine granny flat potential and separates it from newer, land-tight developments. The established gardens, rear pergola, and wood fireplace support a family-oriented buyer seeking a low-maintenance, private home with immediate rental history. Its proximity to major retail and transport hubs within nine minutes services both owner-occupiers and investors, with the current rental estimate reflecting steady demand. The primary decision rests on the cost to modernise a 1950-built house against its land value. The absence of bushfire or heritage overlays reduces approval risk for future improvements, but a building inspection is non-negotiable to quantify renovation outlay. The commercial logic is to secure the larger block in this location, use the existing lease for income, and later exercise the subdivision potential. Hold as a long-term land bank with immediate tenancy, or occupy and progressively upgrade the dwelling to capture equity.