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104 & 106 Caroline Street

Kingsgrove, NSW 2208, Australia

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About this property

Combined land 1,376.5m² | 20.115m Frontage Positioned in a highly sought-after, ultra-convenient location, this substantial 1,376.5m² parcel with an impressive 20.115m frontage presents a prime acquisition for astute developers, builders, investors or owner-occupiers. Two lots have the potential to build three free-standing houses (architect plans are available) + the existing granny flat. Offered across two Torrens title lots, the site delivers exceptional scope for a range of development opportunities (STCA), including multi-dwelling projects, dual occupancies, boarding house accommodation, disability accommodation NDIS housing (STCA), or a potential childcare centre (STCA). Strategically located just 500 metres from Kingsgrove Shopping Centre and train station, and directly opposite St Ursula's College and Our Lady of Fatima School, the property benefits from strong local amenity, established infrastructure, and consistent demand drivers. Set within a quiet, tightly held street, the offering combines scale, frontage, and location - key fundamentals for a high-performing development site. A modest brick one-bedroom granny flat currently occupies the rear of Lot 2, providing holding income potential. Key Highlights: · Expansive 1,376.5m² landholding across two Torrens title lots · Wide 20.115m frontage to Caroline Street · Premium blue-ribbon location with strong growth profile · Multiple development pathways (STCA) · 500m to retail, bus, train station, and essential amenities · Opposite established schools Property Details: · Lot 1: 721m² DP1283617 (vacant land), suitable for 1 grand house or 2 detached duplex. · Lot 2: 655.5 m² DP1283617 (with existing 1-bed brick granny flat) · Combined: 1,376.5m² on two separate Torrens titles · Zoning: R2 Low Density Residential - Bayside Council · Easement: Right of Carriage Way 3.5m wide (A) - Lot 2 burdened, Lot 1 benefited · Max Building Height: 8.5m Special value of existing granny flat Cost to build a granny flat is $150,000-$200,000. The existing granny flat complies with all council/CDC regulation. It does not affect the design of new house and development potential if retained. Note: Lots available individually or as a combined package. For lot 2 (rear), contact Con Klironomos on 0417 213 296. For lot 1 (front), contact Catherine Cao on 0408 656 520. Due Diligence: Full ePack available upon request including Contract for Sale, Deposited Plan DP1283617, Section 88B Instrument, Sydney Water s.73 Certificate, stormwater WAE plans, and architectural reference drawings. Contact Con Klironomos 0417 213 296 (rear block) or Catherine Cao on 0408 656 520 (front block) for further information or to arrange a private inspection.

Property Features

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    Repayment calculator

    $9,119/month
    $4,560 /fortnight
    Loan $1,504,800 at 6.10% over 30 years

    Price estimated from comparable nearby — edit below to use your own number

    Upfront costs

    Deposit$376,200
    Stamp duty$83,679
    Conveyancing (est.)$2,000
    Total upfront$461,879
    Verify with NSW revenue office →
    Indicative figures only — not a quote. Real loan offers depend on the lender; duty depends on contract terms and applicable concessions.

    Property Details

    Property Type
    house
    Listing Type
    For Sale
    Land Area
    1377m²
    Listed
    1 week ago

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