28-28A Lone Pine Parade,
Matraville

6
Beds
|
2
Baths
|
4
Cars

Nestled on a generous 594sqm corner block, this CDC approved duplex site presents a unique investment opportunity with the potential to redevelop into two luxury 5-bedroom homes or capitalize on existing dual income from separate tenancies. Currently configured as 2 x 3 bedroom upstairs/downstairs duplexes, with the ability to generate strong rental income. Offering separate entries, living areas, and kitchens on both levels, this property combines privacy with convenience in a prime elevated position. A rare find in a coveted location, it's close to shops, beaches, and amenities, making it a smart choice for investors or developers.

  • CDC approved for 2 x 5 bedroom luxury duplex homes
  • Current dual income setup with 2 x 3 bedroom duplexes
  • Separate entries for privacy and convenience
  • Elevated corner block with district views
  • Upstairs bedrooms and balconies capture scenic views
  • Flexible floorplan for home plus income or dual income options
  • Double garage, off-street parking, and carport
  • Close proximity to shops, beaches, and amenities
  • CDC duplex plans available for viewing on request

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28-28A Lone Pine Parade
Sold April 2024
$2,775,000
Property information
Land size approx. (sqm)
594.3
Council rates (pa)
3,132
Water rates (pa)
693
Resources
Building & Pest Report
Home loan calculator