FOR SALE
$450,000 - $500,000

37A Eurimbla Street
Thornton NSW 2322

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Land area: 781m2
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SEIZE A REMARKABLE DEVELOPMENT OPPORTUNITY!

Looking to seize a remarkable investment opportunity? Look no further! We present to you a 781sqm block of land with unparalleled potential for development, boasting both a DA and construction plans, this is an opportunity not to be missed!
This block of land comes with the added advantage of having already obtained a Development Application for two contemporary dwellings. You can jump straight into the construction phase and commence building your dream project!
The two approved Torrens title dwellings both showcase a thoughtfully planned layout, emphasizing spaciousness, functionality, and easy family living. Each dwelling features three generously sized bedrooms, two bathrooms, both with open plan living, dining and kitchen areas, lockup garages and private outdoor areas for relaxation and entertainment.
Strategically positioned on Eurimbla Street provides the perfect blend of convenience and lifestyle ease. Enjoying access to all amenities including local shops, schools, parks, public transportation plus only a thirty-minute drive to Newcastle and two hours to Sydney.
Investing in this block of land offers flexibility for a various options such as living in one and renting out the other, accommodating extended family, or even selling both properties for a profit.
An opportunity like 37A Eurimbla Street doesn't come along every day, call Reece Thompson and the team on 0421 289 822 for more information today!
Disclaimer:
Information contained on any marketing material, website or other portal should not be relied upon and you should make your own enquiries and seek your own independent advice with respect to any property advertised or the information about the property.

Property Details for 37a Eurimbla St, Thornton

Building Type
Land
Land Size
781m2

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About Thornton 2322

The size of Thornton is approximately 16.6 square kilometres. It has 6 parks covering nearly 1.2% of total area. The population of Thornton in 2011 was 7,861 people. By 2016 the population was 8,060 showing a population growth of 2.5% in the area during that time. The predominant age group in Thornton is 0-9 years. Households in Thornton are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Thornton work in a trades occupation. In 2011, 80.9% of the homes in Thornton were owner-occupied compared with 77.3% in 2016.

Thornton has 5,191 properties. Over the last 5 years, Houses in Thornton have seen a 52.19% increase in median value, while Units have seen a 64.79% increase. As at 31 December 2024:

  • The median value for Houses in Thornton is $813,459 while the median value for Units is $530,138.
  • Houses have a median rent of $620 while Units have a median rent of $545.
There are currently 37 properties listed for sale, and 10 properties listed for rent in Thornton on OnTheHouse. According to CoreLogic's data, 240 properties were sold in the past 12 months in Thornton.

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