126 Thomas St

Parramatta NSW 2150

739.8 m²

House

Currently for sale - view listing

Overview

Prime High-Density R4 Development Site in a Blue-Ribbon Riverbank Location

Perfectly positioned on the high side of the street in one of Parramatta's highly sought-after riverbank precincts, this exceptional development opportunity is just a short stroll from Parramatta CBD, Western Sydney University, Parramatta Railway Station, RiverCat Ferry Wharf, Westfield Parramatta, Rosehill Gardens Racecourse, the Parramatta Light Rail, vibrant cafés and restaurants, while also offering easy access to the M4 Motorway. Offering outstanding development potential (STCA), this rare city-fringe landholding presents an exceptional opportunity for builders, developers and investors to secure a premium residential site in one of Western Sydney's fastest-growing and most tightly held locations. Property Highlights: - Zoned R4 High Density Residential - Total land area of approximately 739.8sqm - Wide 15.24-metre frontage (approx.) - Elevated position with a desirable north-facing rear aspect - Floor Space Ratio (FSR) of 0.8:1, with potential for increased density under the Affordable Housing Scheme (STCA) - Maximum building height of 11 metres - Outstanding potential for apartments, a childcare centre, boarding house, duplex or other permitted developments (STCA) A rare opportunity to secure a premium development site in one of Parramatta's most desirable growth corridors. For further information, contact the exclusive agent, Steven Fan on 0411 885 168. "Ray White Parramatta Group - Parramatta | Oatlands | Northmead | Wentworthville, its directors, employees and related entities believe that the information contained herein is gathered from sources we deem to be reliable. However, no representation or warranties of any nature whatsoever are given, intended or implied. Any interested parties should rely on their own inquiries."