16 Tully Avenue, Liverpool NSW 2170

Large 578sqm block | double brick single-level | dual driveways | quiet pocket near Liverpool CBD | scope to extend or land bank The property’s competitive strength lies in its uncommon combination of a generous 578sqm lot with 24-metre frontage and a solid double brick home that is immediately liveable. For a buyer, this means holding a house that functions well for a family today while retaining significant redevelopment optionality under R2 zoning. The dual driveways and undercover entertaining area reduce the need for near-term capital spend, and the quiet residential pocket with walkable access to schools, Westfield, and the M5/M7 positions it as a low-risk entry into a suburb showing 9.5% growth. It best suits a buyer who wants a turnkey family home with a medium-term view to either extend or subdivide, subject to council approval. The primary risk is the absence of recent comparable sales and a 16-year holding period, which introduces valuation uncertainty and may narrow the buyer pool at auction. The price guide of $1,730/sqm on building size suggests a premium for the land component, so the buyer must ensure they are not paying for development potential that council may restrict. Flood, bushfire, and heritage overlays are clear, which reduces surprise costs. The opportunity is to secure a property where the land is the appreciating element and the house is a functional placeholder. Hold as a family home for five to seven years, then reassess subdivision or a knockdown rebuild once zoning and market conditions align.