Positioned in the thriving heart of Fairfield, this exceptional site presents a rare opportunity to secure a substantial high-density development holding with strong current income and outstanding future potential.
Offered as a combined parcel of approximately 1,884sqm with an impressive 27m approx. frontage, this property is ideally suited for developers and investors seeking to capitalise on the area's ongoing growth and demand for residential accommodation.
Property Overview
38A Station Street, Fairfield:
- Dual-level residence
- 7 bedrooms total (4 upstairs, 3 downstairs)
- Approx. 961sqm land area
- Currently leased at $900 per week
40 Station Street, Fairfield:
- 3-bedroom home
- Approx. 923sqm land area
- Currently leased at $600 per week
Development Features:
- R4 High Density Residential zoning
- Part of the new LMR zoning changes
- Floor Space Ratio (FSR): 2.2
- Height limit: approx. 22m
- Combined frontage of over 27 metres
- Easement registered on title, enhancing development flexibility
Development potential:
- Apartments
- Townhouses
- Commercial
- Childcare Centre
- Medical centre
- Co living
Concept Plans (S.T.C.A):
54 unit's total
- 40 co-living units (including 3 adaptable units)
- 14 residential units (11 of the 14 are compatible with NDIS)
- No basement construction required
Location Highlights
Approx. 450m to Fairfield Railway Station
Approx. 500m to Fairfield Forum Shopping Centre
Close proximity to Fairfield City Central precinct
Nearby Fairfield High School & Fairfield Public School
Easy access to major arterial routes including the M4 and M7 Motorways
*** PLANS AND PLANNING REPORTS ARE AVAILABLE UPON REQUEST ***
This is a premium opportunity to secure a large-scale development site in a rapidly evolving Western Sydney corridor. With strong existing rental returns, favourable planning controls, and concept plans already in place, this offering is perfectly suited for developers looking to deliver a high-yield residential or co-living project.
Disclaimer:
In preparing this information, we have used our best endeavours to ensure that the content is true and accurate. However, we accept no responsibility and disclaim all liability for any errors, inaccuracies, or misstatements contained herein. Prospective buyers should make their own enquiries and rely on their own investigations to verify the information provided.
