38a - 40 Station Street
Fairfield, NSW 2165

Overview

Prime Development Opportunity | 1,884sqm Approx. Combined Landholding

Positioned in the thriving heart of Fairfield, this exceptional site presents a rare opportunity to secure a substantial high-density development holding with strong current income and outstanding future potential.

Offered as a combined parcel of approximately 1,884 square meters with an impressive frontage of approximately 27 meters, this property is ideally suited for developers and investors seeking to capitalise on the area's ongoing growth and demand for residential accommodation.

Property Overview:

• 38A Station Street, Fairfield: Dual-level residence featuring 7 bedrooms in total (4 upstairs, 3 downstairs), situated on approximately 961 square meters of land, currently leased at $900 per week.
• 40 Station Street, Fairfield: 3-bedroom home on approximately 923 square meters of land, currently leased at $600 per week.

Development Features:

• R4 High Density Residential zoning.
• Part of the new Low-Medium Rise (LMR) zoning changes.
• Floor Space Ratio (FSR) of 2.2.
• Height limit of approximately 22 meters.
• Combined frontage exceeding 27 meters.
• Easement registered on title, enhancing development flexibility.

Development Potential:

• Apartments.
• Townhouses.
• Commercial spaces.
• Childcare centre.
• Medical centre.
• Co-living arrangements.

Concept Plans (Subject to Council Approval):

• Total of 54 units.
• 40 co-living units, including 3 adaptable units.
• 14 residential units, with 11 compatible with the National Disability Insurance Scheme (NDIS).
• No basement construction required, simplifying development.

Location Highlights:

• Approximately 450 meters to Fairfield Railway Station.
• Approximately 500 meters to Fairfield Forum Shopping Centre.
• Close proximity to Fairfield City Central precinct.
• Nearby Fairfield High School and Fairfield Public School.
• Easy access to major arterial routes including the M4 and M7 Motorways.

This is a premium opportunity to secure a large-scale development site in a rapidly evolving Western Sydney corridor. With strong existing rental returns, favourable planning controls, and concept plans already in place, this offering is perfectly suited for developers looking to deliver a high-yield residential or co-living project.

Disclaimer: In preparing this information, every effort has been made to ensure accuracy. However, no responsibility is accepted for any errors or misstatements. Prospective buyers should conduct their own enquiries and investigations to verify the information provided.

Property Information:

• Land area approximately 1884 square meters.

Property Features:

• Four garages.
• Air conditioning installed.

Location