9 Veron Street
Wentworthville, NSW 2145

Overview

Cdc-Approved Group Home | R4 Zoned Development Site | 5+5 Year Pre-Committed Lease

An outstanding opportunity to secure a prime R4-zoned residential development site in the blue-ribbon suburb of Wentworthville. This property is ideally located within a short walking distance to Wentworthville and Westmead train stations, Westmead Hospital, Parramatta CBD, reputable schools, local shops, parks, sporting facilities, a golf course, and a library.

The site benefits from an existing CDC approval for a Group Home, accompanied by a highly attractive 5+5 year pre-committed lease with a reputable provider, offering strong and secure investment fundamentals.

Key features include:

• 613 square meters land holding with a wide 15.24 meter frontage
• Prime blue ribbon location
• R4 high-density residential zoning
• Potential for duplex development, subject to council approval
• Current rental return of approximately $600 per week
• CDC approval in place for 7 SDA Group Home apartments
• 5+5-year pre-committed lease with a reputable entity
• Easy street access, ideal for future demolition or construction
• Culturally diverse and high-demand location near Westmead Hospital
• Walking distance to Wentworthville and Westmead stations, shops, and amenities
• Approximately 2 kilometers to Parramatta CBD, offering major transport links, dining, and retail options

This rare opportunity combines immediate income, long-term lease security, and future development upside in one of Western Sydney's most tightly held growth corridors.

Property Information

• Land area approximately 613 square meters

Property Features

• 2 car spaces
• 1 garage
• Air conditioning available

Location