96 Albert Street E, North Parramatta NSW 2151

Brick family home | R3 zoning flexibility | 796m² easement-free | Master with balcony | Near top schools This property presents a strong case for a family or investor seeking a large, adaptable parcel in a high-demand educational corridor. Its rare 796-square-meter, easement-free block in an R3 zone offers immediate granny flat potential and long-term redevelopment flexibility, a tangible land bank advantage in this market. The configuration, with a segregated master suite, suits multi-generational living. Its prime positioning within walking distance of top-tier public schools and Parramatta CBD anchors its owner-occupier appeal and provides a durable value floor. Proceed with the discipline that the significant price appreciation since its 1988 sale demands. The wide valuation range indicates market uncertainty; anchor your bid using a cost-per-square-meter analysis for R3-zoned land, not emotional attachment to the existing house. The development potential is the core opportunity, but council approval for a granny flat is not guaranteed—factor in application costs and timelines. For a buyer, this property is a land play with a liveable house; treat it as such and bid accordingly to preserve equity for future improvements.