18 Lakeview Road, Wangi Wangi NSW 2267

Large cleared block in lakeside suburb | 1157sqm with dual occupancy potential | Wide 20m frontage widening to rear | Stable owner-occupied street. The property is best understood as a redevelopment site rather than a standard home, and its size and shape give it genuine flexibility that many comparable blocks lack. The 1157sqm parcel, with its 20 metre frontage widening to 24 metres at the rear, supports either a substantial single residence or a dual occupancy concept subject to council approval. For a buyer seeking a larger-than-average block in a quiet, mature residential street where 78% of properties are owner-occupied, this site offers positioning in a stable market with limited turnover. The cleared status and available services reduce initial holding costs and shorten the path to construction. The primary risk is that the dual occupancy potential is advertised but not confirmed, and council zoning, setbacks, and environmental overlays could restrict what is actually buildable. This uncertainty carries a cost in time and due diligence fees before any offer is made. On the commercial side, the wide rear boundary and quiet street context create design advantages that may appeal to custom builders or families wanting a split-level home with lake proximity. Hold this property as a medium-term land bank if you are not ready to build, or develop immediately if the planning pathway is clear.