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About this property
Please Call Jane Li 0499 233 233 for Private Inspection A unique opportunity for investors, developers, and owner-occupiers to secure a rare freestanding renovated Victorian terrace on a 226m² MU1 Mixed Use zoned site in one of Waterloo's most desirable pockets. Perfectly positioned within a high-growth area undergoing major transformation, this property offers an undercapitalised landholding with potential to extend or redevelop (STCA) in line with surrounding developments. The MU1 zoning supports increased building heights and a broad range of residential and commercial uses, providing significant long-term value and flexibility. Currently configured as two self-contained three-bedroom residences, each with its own private entrance, the property delivers strong dual rental income or the flexibility for owner-occupiers to live in one and lease the other. Key Highlights Rare freestanding multi-dwelling site with exceptional development potential (STCA) MU1 Mixed Use zoning allowing residential, commercial, or mixed-use outcomes Land size: 226m² (approx.) Two self-contained three-bedroom residences with separate entrances Expansive rooftop terrace offering additional outdoor living space Strong current rental income: approx. $170,000 per annum Low outgoings: approx. $4,257 per annum (council and water rates) Ideal for investors seeking solid returns with future uplift potential Flexible for owner-occupiers wanting income from dual living Short stroll to the new Waterloo Metro Station and minutes to Sydney CBD, shops, and cafes This property combines strong immediate income, development upside, and owner-occupier versatility - a rare opportunity in one of Sydney's fastest-evolving mixed-use precincts. Please call Jane Li 0499 233 233 for private inspection.
Property Details
- Property Type
- house
- Listing Type
- For Sale
- Bedrooms
- 6
- Bathrooms
- 4
- Land Area
- 226 m²
- Listed
- 3 months ago
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Neighbourhood
Living in Waterloo
This 6-bedroom house in Waterloo, NSW 2017 sits within reach of public transport, local shops and nearby schools.
Schools near Waterloo
- Yudi Gunyi Schoolcombined · U · CoEd
- Our Lady of Mount Carmel Catholic Primary Schoolprimary · K-6 · CoEd
What's nearby
- Waterloo (train) — 85 m away
- Hanh Automotive Services — 105 m away
- Unnamed — 267 m away
- Waterloo Green — 316 m away
- TJ Hickey Park — 335 m away
Waterloo at a glance
Full suburb profile- Population
- 16,379
- Median age
- 33
- Household income
- $2,028/wk
- Median rent
- $530/wk
- Median mortgage
- $2,500/mo
Source: ABS Census.
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Suburb market
Suburb price trend
Waterloo price trend
Median sold · Unit 2 bed
Compound growth +2.2% / yr over 4 yrs
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