Positioned on a generous 640sqm allotment with an impressive 23-metre street frontage, 52 Jerrold Street, Sherwood presents a compelling opportunity for builders, developers, renovators and astute investors seeking immediate flexibility and long-term land-banking potential in a highly sought-after inner-west location.
Zoned Low-Medium Density Residential (LMR3), the property offers a range of possibilities - renovate, refurbish, knock down and rebuild, or explore redevelopment opportunities (STCA). The substantial landholding and wide frontage provide a valuable combination, offering greater flexibility for future building designs and potential development configurations.
For those considering redevelopment, the standout 23-metre frontage is a significant advantage. The generous width provides greater scope for building footprints, driveway access and dwelling separation, making the site particularly appealing for those investigating duplex, townhouse or small-scale unit development (STCA).
Alternatively, the existing three-bedroom residence provides an opportunity to renovate, occupy or generate rental income while considering future plans. Featuring a spacious living and dining area, functional kitchen, central bathroom, separate laundry and detached garage, the home offers a practical foundation for those looking to add value.
For investors, the property also presents an attractive land-banking opportunity, securing a substantial parcel of LMR3-zoned land in an established suburb where larger allotments with generous street frontages are increasingly difficult to secure.
Key highlights:
Generous 640sqm allotment
Impressive 23-metre street frontage
LMR3 zoning with redevelopment potential (STCA)
Strong long-term land-banking opportunity
Wide frontage offering flexibility for future building designs
Potential for multiple dwellings, subject to council approval
Suitable to renovate, refurbish or knock down and rebuild
Existing three-bedroom residence with functional floor plan
Detached garage and generous outdoor space
Established Sherwood location surrounded by a mix of traditional homes and modern developments
Convenient access to local shopping, schools, public transport and parklands
A versatile acquisition offering the flexibility to live in, renovate, invest, develop or land-bank, this is an opportunity where land size, zoning and an exceptional street frontage combine to offer immediate options and long-term potential.
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