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16 Pitt Street

Concord NSW 2137

5
2
3
607 m²
House
Currently for sale - view listing

Overview

Elevated Parkside Landholding with Rear Lane Access, City Views and Extraordinary Development Potential

Occupying a commanding elevated position at the top of the hill in one of Concords most prestigious and tightly held pockets, this exceptional 607sqm landholding enjoys sweeping views across the district to Centrepoint Tower, the Sydney CBD skyline and Burwood CBD. Directly opposite picturesque parklands and benefiting from valuable rear lane access via Patterson Lane, the property presents a rare opportunity to secure a site with significantly more upside than a typical Concord building block. The existing residence is a substantial five-bedroom family home with two bathrooms, offering comfortable liveability whilst future plans are considered. Generous proportions throughout provide ample accommodation for a large family, whilst the home also offers excellent scope for a cosmetic renovation. What truly separates this property from the competition, however, is its remarkable future potential. With no heritage restrictions affecting the site, buyers have the opportunity to pursue future development via CDC approval through a private certifier, avoiding the lengthy delays and uncertainty often associated with a traditional DA process through council. Whether your vision is a luxury family estate, high-end duplex development or long-term investment strategy, the site's unique attributes provide flexibility rarely found in the Concord market. The rear lane access is particularly valuable, creating the opportunity to construct substantial garaging without the significant expense of excavating and constructing a basement. Buyers may explore the potential for four to five car garaging accessed from Patterson Lane with studio accommodation above, creating the ultimate home office, guest quarters, teenager's retreat, in-law accommodation or income-producing secondary residence. Developers will immediately recognise the advantages of the established front building alignment along Pitt Street. Future improvements can potentially be positioned significantly closer to the front boundary than many surrounding streets, maximising both the building envelope and backyard space whilst preserving and enhancing the spectacular parkland and city views. For duplex developers, the possibilities become even more compelling, with the potential to create premium residences benefiting from rear lane access, oversized garaging and studio accommodation above. The opportunity may exist to create multiple separately occupiable spaces, delivering exceptional flexibility and long-term investment appeal. Additional features include: Elevated position with views to Centrepoint Tower, the Sydney CBD skyline and Burwood CBD Prestigious parkside location opposite open green space 607sqm parcel with valuable rear lane access via Patterson Lane No heritage restrictions and views from front and rear Potential CDC development pathway via private certifier (STCA) Large five-bedroom home with two bathrooms Double carport accessed from the rear lane Exceptional building envelope advantages Ideal luxury home or duplex development site Walk to Majors Bay Road cafés, restaurants and village shops Easy access to North Strathfield Station and the future Metro Opportunities combining elevation, views, rear lane access, CDC development potential and a blue-chip Concord address are exceptionally rare. Secure one of the suburb's most versatile and compelling landholdings and unlock its enormous future potential.

Features

5 bedrooms
2 bathrooms
3 carspaces
2 carport spaces
1 open car space
607 m² lot size
House

Happy sellers in Concord

76%
76% of sellers in Concord reported that their sale price either exceeded or met their price expectations.

Concord stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 37 reviews in Concord over the last 12 months.

Local market activity for 5 bedroom houses in Concord

In the last 12 months, 43 five-bedroom houses similar to 16 Pitt Street, have been sold.

This represents a 26% decrease in five-bedroom houses sales when compared to the previous 12 months.

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