225 North Liverpool Road, Bonnyrigg NSW 2177

Large 1,296m² block | 4-bed brick veneer | dual living zones | Bonnyrigg long-term hold This property’s primary advantage is its land-to-improvement ratio, sitting on a 1,296m² parcel in a 90% owner-occupied street where most neighbours are long-term residents. The single-storey brick veneer offers four large bedrooms, multiple living zones, and a tenant already in place, meaning a buyer steps into immediate rental income without vacancy risk. For an investor or a developer with a 5–10 year horizon, the site’s 29-metre frontage and suburb’s 0.8% growth profile support a patient strategy: collect yield near 3.1% while the land appreciates. The property’s strongest competitive edge is its size and privacy on a street with only two recent sales,rare supply in a market with 18 four-bedroom houses sold this year. The risks centre on age and condition. Built in 1970, the house will require capital for updates to meet modern buyer expectations, and the lack of disclosed sale history from June 2023 leaves a gap in price evidence. The suburb’s 46% auction clearance and median of $1.259 million suggest buyers are cautious, so overpaying for the land’s potential without a clear development pathway (STCA) would erode returns. The opportunity is to hold the existing tenancy, refinance after two years of rental history, and then assess subdivision or a knockdown rebuild when Bonnyrigg’s infrastructure upgrades mature. Treat this property as a land bank with a tenant paying down the mortgage.