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197 Shaftsbury Rd

Eastwood NSW 2122

5
1
1
1108 m²
House
Currently for sale - view listing

Overview

DA Approved Development Site – 5 Premium Terraces in Eastwood's Core

A Landmark Development Opportunity in One of Sydney's Most Sought-After Suburbs Presenting a rare and highly coveted development opportunity in the heart of Eastwood. This DA-approved site at 197 Shaftsbury Road offers a seamless pathway to delivering five high-end terrace homes, designed by the acclaimed WEN Architects. With Torrens title subdivision capability, a prime location just 350 metres from Eastwood's bustling commercial precinct, and strong projected returns, this project represents an exceptional prospect for developers, builders, and investors alike. *Project Highlights* · Site Area: Approx. 1,108 sqm · DA Approved: 5 x three-storey terrace homes · Configuration: · 2 x 5-bedroom, 3.5-bathroom terraces · 3 x 4-bedroom, 4-bathroom terraces · Architect: WEN Architects – renowned for high-quality residential design · Parking: 1 garage + 1 additional parking space per dwelling · Outdoor Features: Private courtyards and rooftop gardens with panoramic views · Design: Floor-to-ceiling glass, abundant natural light, contemporary finishes *Prime Location – Walk to Everything* Situated in a quiet residential pocket yet moments from Eastwood's vibrant hub, this site offers unmatched convenience: · Eastwood Shopping & Dining District – 350m · Eastwood Train Station (Direct to CBD) – 800m · Eastwood Public School Catchment – within walking distance · Easy access to Epping, Chatswood, Macquarie Park – approx. 5 to 10 mins drive This highly walkable location is a major draw for families and professionals seeking lifestyle convenience without compromising on tranquillity. *Strong Financial Performance* With the ability to leverage bank financing, equity returns are expected to be significantly enhanced. Key Value Propositions · DA Approved – Ready to Build: No lengthy approval delays. A construction-ready project with a short development cycle. · Architecturally Designed: by WEN Architects, ensuring premium quality, market appeal, and strong buyer interest. · High-Demand Location: Walking distance to transport, schools, and Eastwood's renowned dining and retail precinct. · Profit-Driven: Cost-controlled build with substantial upside, backed by robust market demand for new terraces in the area. This is a rare opportunity to acquire a DA-approved, architecturally designed terrace development in one of Sydney's most tightly held suburbs. Whether you're an experienced developer or an investor seeking a high-yield project, 197 Shaftsbury Road delivers on every front. Disclaimer: All information contained herein is gathered from sources we deem to be reliable. However, we cannot guarantee its accuracy and interested persons should rely on their own enquiries.

Features

5 bedrooms
1 bathroom
1 carspace
1 garage space
1108 m² lot size
House

Property history for 197 Shaftsbury Rd

2024
Sold
Undisclosed
27 Sep 2024 by Andrew Croll, of Croll Real Estate
2019
Rented
Undisclosed
Leased on 05 May 2019 by McGrath Epping

Happy sellers in Eastwood

72%
72% of sellers in Eastwood reported that their sale price either exceeded or met their price expectations.

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

This is based on voluntary sentiment collected from 150 reviews in Eastwood over the last 12 months.

Local market activity for 5 bedroom houses in Eastwood

In the last 12 months, 49 five-bedroom houses similar to 197 Shaftsbury Rd, have been sold.

This represents a 19% decrease in five-bedroom houses sales when compared to the previous 12 months.

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