221-223 Queen Street
Concord West, NSW 2138

Overview

221-223 Queen Street, Concord WestExpressions of interest NSW 2138

This property offers a unique opportunity to acquire two adjoining freehold houses located at 221-223 Queen Street, Concord West. These homes are underpinned by significant development potential, subject to council approval (STCA), making it an attractive prospect for investors and developers alike.

The combined land area spans approximately 1,793.3 square meters, providing ample space for redevelopment or enhancement. Zoned R3 medium density residential, the site benefits from a 2.2:1 floor space ratio and a 22-meter height limit under the Low to Midrise Housing policy. This zoning allows for a variety of residential development options, including townhouses or apartments, subject to planning consent.

Additionally, there is potential for an extra 30% floor space uplift through the affordable housing bonus, which can increase the development yield and enhance the investment value of the site.

Conveniently located, the property is just a 200-meter walk from Concord West train station, offering excellent public transport access to Sydney's CBD and surrounding areas. This proximity to transport and amenities adds to the appeal for future residents or tenants.

These adjoining houses present a rare chance to secure a substantial parcel of land in a sought-after suburb with strong development upside. Whether you are looking to renovate, redevelop, or hold as an investment, this property offers flexibility and potential in a prime location.

For further details and to explore the possibilities this property offers, interested parties are encouraged to contact the exclusive selling agents.

Location