6 Cunningham Street, Telopea NSW 2117

Large land parcel in Telopea | dual occupancy DA approved | 3 bed 1 bath house | strong redevelopment angle The property’s primary buying case rests on its substantial 1,365 m² parcel in a corridor where duplex redevelopment is already approved via an active DA for demolition, tree removal, and Torrens title subdivision. This configuration positions the buyer to either hold the existing three-bedroom dwelling for immediate rental income near $950 per week or execute the approved plan to create two separate titles, which typically commands a premium in Parramatta’s tightening supply market. The site is best suited to a buyer with medium-term capital growth focus who values optionality over turnkey condition. The key risk is the conflicting bedroom and bathroom counts across sources, which may reflect unapproved internal alterations or outdated records, requiring a building inspection to confirm liveable space and compliance. The absence of bushfire, flood, or heritage overlays reduces approval friction, while FTTC NBN and 5G coverage support tenant appeal. The practical opportunity is to proceed with the approved dual occupancy to maximise land yield, or hold the house as a low-maintenance land bank until rezoning momentum lifts values further.