13 Boonah Street, Griffith NSW 2680

Large north Griffith block | 4 bed, 1 bath, 2 car | 1,126 sqm land | redevelopment or renovation upside This property offers a rare combination of immediate liveability and medium-term land value in a sought-after North Griffith pocket. The 1,126 sqm block, with only 22% building coverage, positions the house as a solid rental investment while the land itself holds genuine redevelopment potential subject to council approval. For a buyer seeking dual-purpose exposure-steady rental income now with a future subdivision or unit development option-this is competitively positioned, especially with Griffith North Public School catchment and proximity to the hospital and amenities underpinning tenant demand. The primary risk is the single bathroom, which may cap rental growth and limit appeal for larger families without renovation. The fibre-to-the-node NBN and 5G coverage are functional but not differentiating. Buyers should verify exact zoning and development controls before banking on the redevelopment angle, as council appetite for unit complexes on this site remains unconfirmed. The opportunity lies in renovating the bathroom and kitchen to lift rental yield toward the upper end of the $545–$605 range, then holding for land-value appreciation or a future development application. This property works best as a hold-and-improve play for a patient investor or a family wanting space with optionality.