$1,800,000

Prime R4 development opportunity along Victoria Road, Parramatta

Positioned in a highly sought-after and rapidly growing precinct, this property presents an exceptional opportunity for homeowners, investors and developers alike, including Solicitors, Accountants, Chiropractors, Physios, Specialists doctors. Set on approximately 442.6 sqm of land with valuable R4 zoning, this property offers outstanding future development potential (STCA) in one of Sydney’s strongest growth corridors. This is a small development opportunity, or landbanking or SMSF investment. The existing residence features 3 spacious bedrooms plus a large dining and a sunroom, providing comfortable living or rental income while planning future improvements or redevelopment. Property Features: • Approx. 442.6 sqm total land area, with frontage 15.4 meters • Spacious dining room and sunroom or meals room • Valuable R4 High Density Residential zoning • 3 bedrooms • Comfortable existing home with functional layout • Excellent opportunity for small development, i.e. SHOP TOP Housing • Potential future uses may include: shop-top housing- with shops for accountants, solicitors, physios, chiropractors or mortgage brokers, boarding houses, childcare facilities, subject to council approval (STCA). • Ideal for land banking and long-term capital growth • Suitable opportunity for SMSF purchasers and investors • Strong holding income potential in a high-growth location • Close to Parramatta CBD, Westfield, transport, schools and major amenities • Excellent exposure with high traffic flow along Victoria Road Located moments from Parramatta’s vibrant CBD, Light Rail, Parramatta Station, ferry services, Western Sydney University and major infrastructure projects, this property is ideally positioned to capitalise on the continued growth and transformation of the Parramatta region. A rare opportunity to secure a strategically positioned R4 zoned property with exciting future potential in the heart of Parramatta. Contact our sales team to arrange for a private inspection : Francis Wong 0412 238 313 or Joanne Tang 0424 773 408