124 Parker Street

Kingswood NSW 2747

655 m²

Other

Currently for sale - view listing

Overview

MU1/B4 DEVELOPMENT SITE - 651.3sqm | PRIME HOSPITAL PRECINCT LOCATION

We are proud to present 124 Parker Street, Kingswood Positioned within one of Western Sydney's fastest evolving growth corridors, this MU1/B4 Mixed Use development site offers a rare opportunity for developers, investors, and land bankers looking to secure a strategic parcel in the heart of the Kingswood health and education precinct. Located just moments from Nepean Hospital, Kingswood Station and Western Sydney University, the property sits within an area undergoing major transformation driven by infrastructure investment, population growth and the upcoming Western Sydney Airport and Aerotropolis. With flexible mixed-use zoning and strong development fundamentals, this is an opportunity to capitalise on the future of Kingswood while the suburb still remains comparatively affordable. Property Features -Are as follows Spacious 3-bedroom family home Two bathrooms for added convenience Separate living room providing a comfortable family space Dedicated dining area adjacent to the kitchen Functional kitchen with good workspace and storage potential Large family/rumpus room ideal for entertaining or relaxing Main bedroom featuring a walk-in robe Additional bedrooms with easy access to bathroom facilities Internal laundry Covered front verandah Single garage under the main roof which has been converted to a rumpus room as well as an adjoining storage area Attached carport providing additional covered parking Large detached garage/workshop (approx. 4.4m x 6.0m) - ideal for trades, hobbies, or extra vehicle storage Separate garden shed for tools and equipment Generous backyard with established gardens and outdoor space Long driveway with ample off-street parking Flexible floorplan suited to families, first-home buyers, investors, or downsizers seeking extra shedding PROPERTY HIGHLIGHTS: * Zoned MU1 / B4 Mixed Use * Land Size: 655 sqm approx. * Frontage: 21m approx. * Depth: 31m approx. * Existing residence with holding income potential * Strong future redevelopment upside (STCA) DEVELOPMENT POTENTIAL (STCA): * Residential Flat Buildings * Shop Top Housing * Build-to-Rent (BTR) Projects * Mixed-Use Commercial & Residential Developments PLANNING CONTROLS: * Floor Space Ratio: 3.5:1 * Height Limit: 18m LOCATION BENEFITS: * Nepean Hospital - 150m approx. * Kingswood Station - 900m approx. * Western Sydney University - 1.8km approx. * Penrith CBD - Minutes away * Easy access to M4 Motorway and major arterial roads With limited MU1/B4 opportunities available in this tightly held precinct, sites of this calibre are becoming increasingly difficult to secure. For further information, please contact: Angelo Mavris on 0425 361 69 or Alex Salameh on 0421 979 822. Disclaimer: The above information has been gathered from sources we believe to be reliable. However, we cannot guarantee its accuracy and interested parties should rely on their own enquiries.