This R4 zone property, with total area of 740 sqm, presents an opportunity for the construction of boarding houses, educational facilities, home-based childcare centers, semi-detached dwellings, small flat or unit development and senior housing (subject to local council approval). Its strategic location near Western Sydney University adds to its appeal, given the consistent demand for student accommodations. This makes it an enticing prospect for developers and investors alike.
Moreover, the future light rail system in Parramatta will further elevate its value by enhancing connectivity to Parramatta CBD and beyond. This promises a lucrative opportunity for strategic development, catering to the increasing housing needs in a vibrant urban setting.
Key Features:
Total Land Size: 740 sqm
Floor Space Ratio (FSR): 0.8:1
Frontage : over 15 m
Land Zoning: R4 - High Density Residential
The property is currently leased, 4 bedrooms, 2 bathrooms
Opportunity for investors to lease and develop later or for owner-occupiers to reside in and develop in the future.
Only minutes away from the heart of Parramatta, local schools, public transport & Parramatta Rivercat, Western Sydney University.
For further details, feel free to contact our sales team: Francis Wong at 0412 238 313 or Joanne Tang at 0424 773 408.
Disclaimer:
DISCLAIMER
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