Rare Residential Development Opportunity - 857-875 Canterbury Road, Lakemba
We are delighted to present 857-875 Canterbury Road, Lakemba to the market for sale - a prime development site with approved plans and outstanding exposure in one of Sydney's most connected suburbs. This 2,087sqm* parcel offers an exceptional opportunity for residential developers to capitalise on an existing Development Approval for 52 residential units and 3 commercial spaces (626sqm*), ideally positioned along the bustling Canterbury Road corridor.
Development Highlights:
3 street access corner location
DA Approved for 52 residential apartments + 3 commercial units
Total site area: 2,087sqm
Current rental prospect $250,000
Strategic Location & Zoning: Zoned E3 Productivity Support, the site offers unmatched flexibility for future use, including residential, commercial, and mixed-use developments (STCA). Its proximity to transport, schools, and retail hubs makes it ideal for vibrant urban living. Easy access to M4, M5, M7. Walk to both Belmore and Lakemba train station. Only 14km from Sydney CBD. Within 15 minutes driving distance to major shopping districts like Burwood, Hurstville, Roselands and Bankstown.
Ideal For:
Residential developers seeking a ready-to-go project
Mixed-use builders targeting high-exposure locations
Investors looking to unlock value in a growth corridor
This is a rare chance to secure a landmark site with approved plans and versatile zoning in a high-demand area. For further details or to arrange a private inspection, please contact the exclusively listed agent Navid Nawaz on 0402 604 766 today to explore the endless possibilities this property has to offer!
Disclaimer: All information contained herein is gathered from sources we deemed or believed to be reliable. Ray White Lakemba does not warrant the accuracy of the information and interested persons should rely wholly on their own inquiries.
Features
1 bedroom
1 bathroom
directions_car1 carspace
directions_car1 carport space
crop_free2087 m² lot size
cottageHouse
Happy sellers in Lakemba
88%
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88% of sellers in Lakemba reported that their sale price either exceeded or met their price expectations.
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