Blue Ribbon Real Estate presents 161 Wentworth Avenue, Wentworthville, a well-positioned residential landholding offering immediate rental income, strong future flexibility and a valuable due diligence package already assembled for serious buyers.
For families and first-home buyers with a long-term mindset, this property offers more than just a home, it offers a future project. Move into the market with a tenanted asset, then plan a dream rebuild, extended family accommodation or future income-supporting granny flat concept, subject to approvals. Opportunities with this level of preparation and flexibility are increasingly difficult to find.
Set on approximately 583sqm and zoned R2 Low Density Residential under Parramatta LEP 2023, this property is ideal for builders, developers, investors, knockdown-rebuild buyers and families seeking a long-term opportunity in one of Western Sydney's established growth corridors. The Information Memorandum (will be provided) notes that dwelling houses and dual occupancies are listed as permitted with consent, with concept work prepared around a substantial double-storey home plus detached granny flat option, subject to final compliance and authority approval.
For investors, the property is currently tenanted at $680 per week, giving buyers a valuable income stream while they plan, lodge, design or hold for future growth. For builders and developers, much of the early groundwork has already been considered, with a due diligence pack including planning certificate, survey, sewer diagram, deposited plan, soil report, builder estimate, demolition quotation and concept site plans.
The preferred concept direction outlined in the IM is a double-storey Leo 33 home with detached granny flat option, with the recommended presentation option involving removal of the existing pool to create a cleaner detached secondary dwelling arrangement. Alternative concept pathways also considered keeping the pool with attached or detached granny flat arrangements, giving buyers several angles to assess depending on their intended use and feasibility.
Whether your vision is to build a modern family residence, explore a home plus secondary accommodation strategy, investigate dual occupancy potential, or simply secure a well-located income-producing property, this is an opportunity with substance, flexibility and clear buyer appeal.
Key Features
• Approx. 583sqm residential landholding
• Zoned R2 Low Density Residential under Parramatta LEP 2023
• Existing tenanted property returning $680 per week
• Concept plans prepared for a substantial new home plus detached granny flat option
• Dual occupancy and dwelling house uses noted as permitted with consent under the planning certificate
• Due diligence pack available including planning certificate, survey, sewer diagram, deposited plan, soil report, builder estimate and demolition quotation
• Demolition quotation already obtained, including asbestos handling and pool removal scope
• Existing dwelling, garage/attached room and inground pool noted in due diligence material
• No heritage listing or heritage conservation area noted in the planning certificate
• Established Wentworthville location close to Parramatta, Westmead, transport, schools and local amenities
• Suitable for builders, developers, investors, first-home buyers, families and knockdown-rebuild purchasers
For builders and developers, this is the type of site that allows feasibility to begin faster. The vendors have already assembled key early-stage documents including planning, survey, sewer, soil, demolition and concept material. The concept work provides a tangible starting point for a new home plus granny flat strategy, while the R2 zoning and permitted-with-consent uses give purchasers a clear basis for further planning review. All future development remains subject to purchaser due diligence, council requirements and authority approval.
For investors, the current $680 per week tenancy provides immediate holding income while you assess future upside. The property offers a practical land-bank, rebuild or secondary accommodation angle in an established Western Sydney suburb with access to Parramatta, Westmead and major transport links. The ability to collect rent while exploring future plans is a key advantage in today's market.
Contact Ven Kan@04 04 09 04 04@Blue Ribbon Real Estate today to arrange your inspection.
Disclaimer: BLUE RIBBON REAL ESTATE used its best endeavours to ensure that all the information contained in this document is true and accurate but accept no responsibility and disclaim all liability in respect of any errors, omissions, inaccuracies or misstatements contained in this advertisement. Prospective purchasers should make their own enquiries to verify the information contained in this advertisement.
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