Explore the enormous potential offered by this tightly held family home being offered for the first time in over 50 years. Nestled in a quiet street of Gymea, this original three-bedroom residence offers the perfect opportunity for a clever development that capitalises on its substantial 1043sqm (approx.) block of land and R3 Medium Density Residential zoning. Enjoying the benefits of a north westerly aspect and situated within a central locale just 150m to Gymea College, 450m to Hazelhurst Arts Centre, 700m to Gymea village shops, cafes and train station. - Generous block of approximately 1043sqm, Zoned R3 Medium Density - Original home with two living areas and timber kitchen, inground pool - In law accomodation with kitchenette and external rumpus - Covered entertaining area, lock-up garage with plenty of off street parking - Lease out residence while plans are seeking DA approval for development - Within approx. 700m to Gymea village shops, cafes, pub and train station Land: 1043sqm (approx) Council: $575 per quarter (approx) Water: $156 per quarter (approx) Contact: Chris Walsh 0437 731 000