4 Warrawee Place Beverly Hills NSW 2209

Dual lots on single title |Rear lane access |417m² flat block |Guide $1.75m | Est. value $1.8-2.1m | Tenanted $1k pw This six-bedroom house on a 417sqm block suits developers eyeing duplex potential or investors holding for income near the train station. The combined dual lots create rare flexibility in a street of standard residential holdings, with rear access simplifying any redevelopment. Flat terrain and northerly aspect add practical appeal for construction, keeping costs lower than sloped sites nearby. Current tenancy delivers solid holding income around $1000 weekly, bridging plans for value-add projects subject to council approval. In this pocket, similar large-block houses with development upside draw builders and multi-generational families, often trading above median prices due to land scarcity. Market data shows estimates climbing to $2.1 million, reflecting strong local demand for such parcels amid rising values. Its quiet tree-lined position steps from amenities supports long-term hold, as proximity to schools and transport sustains tenant appeal. Properties like this typically hold value steadily, outperforming smaller homes in tightening supply conditions. Overall, the site’s inherent redevelopment option positions it firmly for capital growth over time.