We are excited to present an exceptional real estate opportunity located on the fringe of Parramatta CBD. This rare and superbly positioned property is ideal for builders, developers, investors, and homebuyers seeking prime land in a rapidly growing area. This land offers enormous potential for multi-storey unit development (STCA), making it a perfect opportunity for those looking to capitalize on the ongoing urban growth in the region. Positioned within walking distance to essential amenities. including Parramatta CBD, Westmead Hospital precinct, Westfield Shoppingtown and Murugan Temple. This property is poised for substantial appreciation as the area continues to evolve.
Land Size: level 430m² with a 12.2-metre frontage
- Zoning: E3: Productivity Support
- Building Height: Up to 23 metres
- Floor Space Ratio: Up to 2.2:1
- Rear Lane Access for convenient parking
- Current single level brick dwelling in good condition
- Easy access to sought after schools, parklands and transport
- Close proximity to Parramatta Square & Commbank Stadium
- Highly sought after location for investors looking for strategic growth
- Current Rental Income: Tenanted for $600 per week
