58 Glassop Street, Yagoona NSW 2199

corner block | dual occupancy potential | 707sqm parcel | strong development-angle demand The buying case rests on the corner configuration and the 707sqm land area, which together unlock dual occupancy redevelopment under current zoning. This positions the property as a rare infill opportunity in a suburb where comparable land parcels are scarce. The existing 2-bedroom house provides rental carry during planning, and the six-car accommodation is a practical bonus for trades or multi-vehicle households. The property best suits a developer or investor with a medium-term horizon, or a family willing to build a new home while living in the existing dwelling. The principal risk is the condition and layout of the existing house, which limits immediate family appeal and may require capital before redevelopment. Buyers should budget for holding costs through council approval timelines, as dual occupancy applications can take six to twelve months. The 2024 sale price of $1.28 million already reflects land value, so upside depends on executing a build or subdivision rather than resale. The opportunity is to secure a corner block with two street frontages, improving access and design flexibility for a dual occupancy scheme. Hold for development or hold and build to sell , the land is the asset.