Situated in arguably the best location in Parramatta, this opportunity has all the markings for a great investment. Situated approximately 500m from Westfields Parramatta and CBD, this property is ready for those who are willing to make it their own.
DA approved for a large commercial space and 2 x semi-detached townhouses at the rear, this opportunity is second to none. Approved from 29th December 2020 this approval wont lapse until the 29th December 2025 which gives you plenty of time to get you affairs in order.
Currently on site are 2 x 4 bedroom properties featuring modern finishes, period features and rear courtyards so you can rest assured that while you are getting things together for the build, the property will generate income.
Standout features include:
DA approval for a large commercial space and 2 x semi-detached townhouses until 29th December 2025
Excellent location being close to Parramatta CBD and Parramatta Westfields
Opportunity to develop in an up and coming area
Transport available in close proximity
Total land size is 556.5m2 approx
Near regular corner allotment with two street frontages
Located on the corner of Marsden Street which leads directly into Parramatta
Your choice to commence construction or wait and sit on the income potential
Existing 2 x 4 bedroom properties with period features and modern interiors