The parcel is larger enough for a two-storey home.
The overwhelming demand combined with a shortage of stock has resulted in unbelievable sale prices for the blocks of land surrounding 30 Kendall Street in the past year.
CoreLogic records show a 916sqm parcel at 20 Kendall Street sold before the pandemic and the boom in February 2020 for just $2.8m, which at $3056 per sqm, might have seen 32 Kendall Street sell for around $2.5m at the time.
In August a 751sqm parcel at 36 Kendall Street sold for $2.225m, while a 746sqm lot at 32 Kendall Street sold in December for $3.05m and $3.835m was paid for 22 Kendall Street, which is on 950sqm.