15 Russell Street, Gormans Hill, NSW 2795

$520,000 - $540,000

Terrace
Type
3
Bedrooms
1
Bathrooms
3
Parkings
1,059 m²
Area

Published on Tuesday, June 02, 2026 ( See property details for 15 Russell Street, Gormans Hill, NSW 2795)

$520,000 - $540,000

  • AI-generated summary for guidance only. We can’t guarantee accuracy -please verify all details independently before deciding.

A spacious three-bedroom terrace on a large 1059sqm block, offering excellent investment and development potential in a prime location near the CBD.

🏡 Property Highlights

  • Large 1059sqm block offering development potential
  • Currently tenanted with immediate rental income of $1690 per month
  • Convenient location close to CBD, shops, and schools
  • Double sized garage and access to rear yard for outdoor living
  • Ideal for first home buyers, investors, and renovators
  • Generous three-bedroom layout with ample space

✨ Key Features

  • Garage
  • Outdoor Area
  • Built-in Robes
  • Open-Plan Living
  • Secure Parking
  • Waterfront / Views
  • Pet-Friendly
  • Home Office / Study
  • Fly Screens
  • Extra Storage (Shed/Linen)

Gormans Hill is a vibrant suburb offering excellent connectivity to the CBD, a range of local amenities, quality schools, and spacious properties. Its large blocks provide ample development opportunities, making it ideal for investors and families alike. The area boasts a friendly community atmosphere, convenient access to transport, and proximity to parks and recreational facilities.

What is the current rental income for this property?
The property is currently tenanted for $1,690 per month.
What potential does the large block offer for future development?
The 1059sqm block provides excellent opportunities for future development or subdivision, subject to council approval.
Is the property suitable for renovation or extension?
Yes, the spacious layout and large yard make it ideal for renovation or extension projects.
What amenities are nearby?
The property is close to the CBD, shops, schools, and various local amenities, ensuring convenient living.
Are there any restrictions or zoning considerations?
The property is zoned for residential use, with potential for development, but specific restrictions should be confirmed with local council.
Are there any existing planning or development restrictions on the large rear yard? Has the property been inspected for structural issues or pests? Are there any easements or zoning overlays that could affect future development? What are the council rates and any additional levies? Is there any history of flooding or bushfire risk in the area? Are there any upcoming planning or construction projects nearby that could impact the property? What are the terms of the current tenancy, and is there a lease expiry date? Are there any known defects or repairs needed for the property? Is the double garage included in the sale, and what is its condition? Are there any restrictions on future modifications or extensions to the property?

15 Russell Street, Gormans Hill, NSW 2795 - More Details

$520,000 - $540,000

Type
Terrace
Bedrooms
3
Bathrooms
1
Parkings
3
Area
1,059 m²
House Size
112 m²

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