Set on a 913m2 low-medium density residential block which also has the option to secure the neighbouring property at 39 Dalmeny Street set on 911m2 for $260,000, is ideal for the investor/developer looking for their new project, or individually the buyer looking for their new home on a large block that is wanting to polish and profit.

With 37 Dalmeny Street recently renting for $300p/wk and 39 currently returning $285p/wk, as a whole both properties combine to a 1,824m2 site giving you the potential to build up to 10 x 3 bedroom townhouse units or more should you configure differently.

Located in a quiet street backing onto Captain Cook Oval, this gable home which has been recently repainted internally offers a good sized air conditioned lounge room, updated eat-in kitchen, stylish renovated bathroom and three good sized bedrooms.

Just minutes to Wyalla Shopping and the ever growing Wilsonton Shopping Centre and walking distance to Newtown Park and public transport, a great opportunity exists here for the developer given its location and backing onto parkland or equally to the owner occupier looking for a home in a convenient location.