5 Irwin Place

Wentworthville NSW 2145

641 m²

House

Currently for sale - view listing

Overview

DA-Approved 30-Room Co-Living Development Opportunity

An outstanding development opportunity with DA approval granted by Cumberland City Council on 9 October 2025 for a 30-room co-living development with parking for six vehicles. Key development details: 645sqm landholding R4 High Density Residential zoning Maximum building height: 15 metres Floor Space Ratio: 1.5:1 Approved for 30 co-living rooms Parking for six vehicles The property currently comprises a three-bedroom, one-bathroom home with a double carport, returning $570 per week. Convenient location: 130m to the nearest bus stop 350m to Wentworthville Tennis Courts 450m to Wentworthville shops and Woolworths 1.3km to Wentworthville Train Station 2.2km to Westmead Hospital 2.9km to Westfield Parramatta Indicative investment potential: Estimated rental income: 30 rooms × $470 per week Potential gross annual income: $733,200 Indicative value at a 6.5% gross yield: approximately $11,280,000 A rare opportunity to secure a substantial DA-approved co-living development in a highly convenient and well-connected location.