3034 May Street, St Peters offers an exceptional 1,140 sqm* corner freehold site in one of the Inner West's fastest-growing precincts. Zoned E3 Business Development, it provides developers and investors with flexible, high-return pathways in a sought-after location.
The property currently comprises a solid brick warehouse and hardstand area, featuring dual street frontages and rear lane access. It is partially leased to short-term commercial tenants, providing immediate holding income with flexibility for light industrial, warehousing, or creative workspace uses while plans are approved or construction commences.
A key highlight is the current DA approval for an 83-room, five-storey boutique hotel designed by CD Architects, including basement parking, ground-floor commercial space, and landscaped communal areas. This approval presents a ready-to-go opportunity to tap into rising demand for design-led visitor accommodation in an undersupplied market.
Alternatively, the flexible E3 zoning supports diverse uses, including:
- Commercial Offices Corporate HQ or professional suites
- Retail Showrooms, bulky goods premises, specialty retail
- Creative Workspaces Studios, galleries, co-working spaces
- Light Industrial Warehousing, manufacturing, logistics
- Bulky Goods Premises Large-format retail
- Child Care Centres, Health Services, Educational Facilities, Civic & Community Facilities
With a 2:1 FSR and 17m height limit (STCA), the site offers up to 2,180 sqm GFA*, unlocking significant development potential close to Sydney Park, King Street, St Peters Station, and the airport.
Key Features:
1,090 sqm* freehold site
DA-approved 83-room boutique hotel with basement parking
Zoning permits 2:1 FSR and 17m height (STCA)
Potential GFA: 2,180 sqm* (STCA)
Existing holding income from commercial tenants
Close to transport, Sydney Park, King St, Metro upgrades, Airport
Opportunities:
Deliver the DA-approved hotel and capitalise on growing accommodation demand
Develop large-scale commercial or retail precinct up to 2,180 sqm GFA
Activate street-level commercial within an emerging creative hub
All information contained herein is gathered from sources we consider to be reliable. However, no representation or warranties of any nature whatsoever are given, intended or implied. Interested parties should rely on their own inquiries and independent due diligence.