30 Macnamara Avenue, Concord NSW 2137

556 sqm block | 15.85m frontage | central Concord prestige pocket | redevelopment potential The property’s primary buying case rests on its rare combination of a wide 15.85m frontage and 556 sqm block in a tightly held Concord pocket where such dimensions are increasingly scarce. The existing four-bedroom house is fully liveable and updated, meaning a buyer can occupy immediately while planning a future renovation or redevelopment. This dual-use flexibility reduces holding costs and provides optionality, making it particularly suitable for families seeking both a quality home now and long-term capital growth through land value appreciation. The location near Majors Bay Road adds lifestyle convenience that supports strong resale demand. The key risk is that redevelopment potential is subject to council approval, and the property does not carry pre-approved plans, so a buyer must factor in application timelines and costs. The dual-zoning possibility is mentioned but unconfirmed, requiring due diligence. There is no flood, bushfire, or heritage overlay, which simplifies planning risk. The sold price of $2.885 million reflects the land’s premium positioning more than the dwelling, meaning the property holds its value through the site rather than the house. The most prudent strategy is to occupy or lease the existing home while undertaking feasibility studies for a future rebuild or dual-occupancy development, thereby capturing both immediate utility and long-term uplift.