18 Carnarvon Road, Roseville NSW 2069

Large high-side block | North-to-rear aspect | Redevelopment potential | Premium Roseville pocket | Tightly held location This property’s primary buying case rests on its 923-square-metre high-side block with north-to-rear aspect, a rare combination in a tightly held Roseville pocket. The existing full-brick residence with multiple living areas and a pool provides immediate liveability, while the land size and positioning create significant future flexibility. This suits owner-occupiers seeking a premium family home with renovation options, or buyers considering a rebuild subject to council approval. The land’s value is the core driver, not the current dwelling. The key risk is the property’s valuation being tied to redevelopment potential, which introduces council approval uncertainty and timeline costs. The inconsistent land size figures across sources warrant a survey to confirm boundaries. The 182-square-metre building area is modest relative to land size, meaning any upgrade or rebuild will require substantial capital. Rental yield around 2.1% confirms this is a capital growth play, not an income property. Hold as a long-term landholding in a strong North Shore market, or develop when planning conditions align.