7 Evans Street, Como NSW 2226

DA-approved 5-home development | 1764sqm cul-de-sac site | Nathalie Scipioni design | rare Como consolidation opportunity The property’s competitive strength lies in its DA approval for five boutique dwellings by a respected architect, on a full 1764sqm block in a tightly held suburb. For a buyer with development intent, this removes months of approval risk and positions the site as immediately actionable. The existing house offers rental income during planning or construction, and the cul-de-sac location near station and school adds end-user appeal for future buyers of the completed homes. The principal risk is the high entry price relative to the current house’s condition, meaning the buyer must commit to the development path or accept a low-yielding hold. The DA’s specific density and design constraints may limit flexibility if market preferences shift. Opportunity lies in selling individual dwellings off-plan to reduce capital exposure, or holding for long-term land value growth in a supply-constrained suburb. Buy to develop or hold for scarcity—not for the existing house.