{"Slug":"house-1046-koonwarra-street-north-albury-nsw-2640-4","CanonicalUrl":"https://realsearch.com.au/house-1046-koonwarra-street-north-albury-nsw-2640-4","Address":"1046 Koonwarra Street, North Albury, NSW 2640","Suburb":"North Albury","State":"NSW","Postcode":"2640","PropertyType":"House","Status":"Sold","Headline":null,"Description":"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 investors1046 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.","YearBuilt":null,"LandArea":null,"Price":{"Currency":"AUD","Amount":588000.00,"Display":"$588,000"},"Bedrooms":"3","Bathrooms":"1","Parking":"4","Features":[{"Name":"Bedrooms","Value":"3"},{"Name":"Bathrooms","Value":"1"},{"Name":"Carports","Value":"4"},{"Name":"Area","Value":"690 m²"}],"Inspections":[],"Auctions":[],"TimeZone":"AUS Eastern Standard Time","Latitude":-36.05688699,"Longitude":146.94310577,"Agent":{"Name":"Rahul Goyal","CanonicalUrl":"https://realsearch.com.au/agent/rahul-goyal"},"Agency":{"Name":"Ray White Albury Central - ALBURY","CanonicalUrl":"https://realsearch.com.au/agency/ray-white-albury-central-albury"},"CreatedAt":"2026-03-16T09:13:35.6647822","UpdatedAt":"2026-09-24T10:07:30.8266667"}