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1046 Koonwarra Street,
North Albury 2640, New South Wales
$588,000
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Prime Development Opportunity with Exceptional Potential
Set in a proven growth pocket of North Albury, 1046 Koonwara Street is a strategic acquisition for investors seeking immediate holding income combined with strong future upside.
Occupying a sizeable allotment, the property offers excellent subdivision potential (STCA), allowing investors to unlock additional value through a multi-lot outcome. The block layout also lends itself to second dwelling or dual-occupancy potential (STCA) - an ideal pathway to increase rental yield and long-term capital growth.
The existing home provides the flexibility to generate rental income while development plans are explored, making this an attractive landbank opportunity in a location with consistent tenant demand.
With proximity to schools, local shopping, transport links, and key amenities, the fundamentals for strong occupancy and resale appeal are firmly in place - a crucial factor for investors focused on risk-adjusted returns.
Investment Highlights:
• Master bedroom with walk in robes
• Two spacious bedrooms
• Updated flooring through out
• Big storage shed with a roller door
• Subdivision potential to maximise land value (STCA)
• Scope to add a second dwelling for dual income (STCA)
• Solid holding asset with rental appeal
• High-demand rental location
• Ideal for developers, builders, and long-term investors
1046 Koonwara Street represents a rare chance to secure a scalable investment where multiple exit strategies are available - develop, dual-rent, or landbank and capitalise on future growth.
Occupying a sizeable allotment, the property offers excellent subdivision potential (STCA), allowing investors to unlock additional value through a multi-lot outcome. The block layout also lends itself to second dwelling or dual-occupancy potential (STCA) - an ideal pathway to increase rental yield and long-term capital growth.
The existing home provides the flexibility to generate rental income while development plans are explored, making this an attractive landbank opportunity in a location with consistent tenant demand.
With proximity to schools, local shopping, transport links, and key amenities, the fundamentals for strong occupancy and resale appeal are firmly in place - a crucial factor for investors focused on risk-adjusted returns.
Investment Highlights:
• Master bedroom with walk in robes
• Two spacious bedrooms
• Updated flooring through out
• Big storage shed with a roller door
• Subdivision potential to maximise land value (STCA)
• Scope to add a second dwelling for dual income (STCA)
• Solid holding asset with rental appeal
• High-demand rental location
• Ideal for developers, builders, and long-term investors
1046 Koonwara Street represents a rare chance to secure a scalable investment where multiple exit strategies are available - develop, dual-rent, or landbank and capitalise on future growth.
Explore the area
School catchments
- St Anne's Primary School Primary K-6 Catholic 0.74km
- Hume Public School Primary P-6 Government 0.88km
- Xavier Catholic College Secondary 7-12 Catholic 0.96km
- Albury North Public School Primary K-6 Government 1.3km
- James Fallon High School Secondary 7-12 Government 1.3km
- Lavington East Public School Primary K-6 Government 2.0km
- The Scots School Albury Combined K-12 Independent 2.3km
- Holy Spirit Primary School Primary K-6 Catholic 2.3km
- Glenroy Public School Primary K-6 Government 2.3km
- Murray High School Secondary 7-12 Government 2.4km
- Lavington Public School Primary K-6 Government 2.6km
- OneSchool Global NSW - Albury Combined 3-12 Independent 2.8km
- Springdale Heights Public School Primary K-6 Government 2.8km
- Albury High School Secondary 7-12 Government 3.1km
- Albury Public School Primary K-6 Government 3.6km
- Thurgoona Public School Primary K-6 Government 3.8km
- St Patrick's Parish School Primary K-6 Catholic 3.9km
- Border Christian College Combined K-12 Independent 3.9km
- Trinity Anglican College - Albury Combined K-12 Independent 4.7km
- Wodonga Middle Years College-HighWater Campus Combined Government 5.4km
- Wodonga Middle Years College Combined 3-9 Government 9.5km
- Wodonga Senior Secondary College Secondary 7-12 Government 9.7km
- Wodonga Middle Years College-Felltimber Campus Combined Government 10.7km
- Wodonga Middle Years College-Flying Fruit Fly Circus School Combined Government 10.7km
- Catholic College Wodonga Secondary 7-12 Catholic 10.9km
- Wodonga Senior Secondary College-Wodonga Flexible Learning Centre Secondary Government 10.9km
Nearest schools, measured in a straight line from the property. Provided as a guide only; check catchment and enrolment eligibility with the school. School data © ACARA, licensed under CC BY 4.0.
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Floorplan
Contact Rahul Goyal
Contact Rahul Goyal
Rahul Goyal
1046 Koonwarra Street, North Albury NSW 2640
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Rahul Goyal
1046 Koonwarra Street, North Albury NSW 2640