46 Lucretia Avenue, Longueville NSW 2066

Waterfront position | 1940s home with modern updates | Large combined land parcel | Family-oriented suburb This property presents a rare opportunity to acquire a substantial, absolute waterfront parcel in a tightly held, family-dominated suburb. The combined land holding of over 1300 square metres is its defining competitive strength, offering significant future potential beyond the existing, well-presented home with prized water views. It serves the established professional family seeking both an immediate luxury lifestyle and a strategic, long-term land bank in a high-occupancy locale where such large blocks seldom transact. The primary decision hinges on the premium for potential versus present utility. You are acquiring a future development site, with the existing house providing interim use. The cost is the capital outlay for land not fully utilised by the current dwelling, and the execution risk and holding costs associated with any future subdivision or rebuild. The commercial logic is compelling for a patient buyer; secure the irreplaceable land now in a rising market, occupy or rent, and crystallise the latent value later. This is a strategic hold for capital growth.