Positioned in one of Northmead's most rapidly transforming and highly sought-after growth corridors, this development-ready corner holding delivers exceptional scale, flexibility, and outstanding future upside. Offering both immediate holding income potential and strong long-term development prospects, this is a rare opportunity for developers, investors, or land bankers seeking a premium site in a high-growth, infrastructure-driven location.
Occupying a 506m² (approx.) corner parcel with over 50m combined frontage, the property benefits from LMR zoning and favourable planning controls, making it ideally suited for medium-density residential development (STCA). Its prominent corner position enhances design efficiency, street presence, and development yield potential.
Complementing its strong development credentials is a fully renovated, high-spec residence, designed to a modern standard and offering an ideal turn-key home or premium rental during the planning phase. Originally a standard dwelling, the residence has been significantly upgraded with quality improvements throughout, blending comfort, functionality, and long-term efficiency.
Property Features:
• 3 well-proportioned bedrooms
• 2 modern bathrooms
• 1 lock-up garage plus carport
• Expansive open-plan living and dining area
• Structural redesign with removed internal walls and dual support beams
• Fully renovated kitchen with quality finishes and ample storage
• Custom integrated cabinetry throughout living, dining, sunroom, and bedrooms
• Centralised air conditioning system
• Premium downlighting throughout
• Hybrid flooring installed throughout
• Large timber deck entertaining area under established mango tree
• Light-filled interiors with seamless indoor-outdoor flow
Development Highlights:
• LMR (Low-Medium Residential) zoning
• Suitable for residential flat buildings or shop top housing (STCA)
• 506m² corner site with over 50m combined frontage
• Approx. 34m frontage to Hemsworth Avenue
• Strong design flexibility due to corner configuration
Major Growth Drivers:
• Approx. 2,500 new dwellings planned within PNUT precinct
• University of Sydney campus (approx. 6,000 students)
• Integrated commercial, residential, and public domain upgrades
• Supported by Sydney Metro West (expected 2032 completion) improving connectivity to Sydney CBD
Additional Features:
Preliminary investigations indicate an approximate 2.3m asset depth, with further confirmation currently underway. A comprehensive due diligence pack is available, including BYDA documentation, planning framework, and asset mapping, providing a clear pathway for feasibility analysis and accelerated DA preparation. The property has also been significantly enhanced with strong energy efficiency and sustainability features, including a high-capacity 6.6kW solar system paired with a substantial 32.5kWh battery storage unit, delivering reduced energy costs, improved efficiency, and long-term sustainability benefits.
Perfectly positioned within a major Western Sydney growth corridor, the property is within walking distance to the Parramatta Light Rail (Ngara) and offers immediate access to the Westmead Health and Education Precinct. It is also just a short distance to Parramatta CBD, ensuring convenient access to major retail, dining, and employment hubs. The area continues to benefit from significant infrastructure investment, including future connectivity improvements via the Darling Mills Creek Bridge and its inclusion within the Parramatta North Urban Transformation precinct, further enhancing long-term capital growth prospects.
A rare opportunity to secure a premium corner development site with strong holding income potential and exceptional long-term growth prospects in one of Western Sydney's most strategically positioned corridors. For further information or to arrange a private inspection, please contact Andrew Drane on 0430 119 601 or Robert Drane on 0432 012 401.
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