122 Parker Street
Kingswood, NSW 2747

Overview

TWO MU1/B4 SITES! -TOTAL 1303sqm & 42.199m Frontage

This property at 122 Parker Street, Kingswood offers a unique opportunity with two MU1/B4 zoned sites totaling approximately 1,303 square meters and a combined frontage of 42.199 meters. The site is ideally positioned within walking distance to key local amenities including Nepean Hospital, Kingswood Station, Western Sydney University, and several schools, making it a highly convenient location.

The area of Kingswood has experienced significant transformation in recent years, driven by substantial government infrastructure investment and private sector developments focused on population growth, job creation, and increasing property values. Kingswood remains an affordable option for investors and homeowners alike, presenting a timely chance to capitalize on future growth potential.

The property currently includes two existing residences that generate a combined rental income of approximately $52,000 per year. The MU1/B4 Mixed Use zoning offers considerable development potential, subject to council approval, for residential or commercial expansion. This makes the site suitable for a variety of development opportunities including residential flat buildings, shop top housing, build-to-rent developments, and mixed-use projects.

Key land details include a single land size of 651.3 square meters with a frontage of 21.34 meters and a depth of 30.705 meters. The combined land size is approximately 1,303 square meters with a total frontage of 42.199 meters. The floor space ratio is up to 3.5:1 with a maximum building height of 18 meters, providing scope for substantial development.

The location benefits from proximity to a range of local amenities such as:

• Nepean Hospital (approximately 150 meters)
• Penrith South Public School (approximately 1.1 kilometers)
• Kingswood High School (approximately 2.1 kilometers)
• Western Sydney University Kingswood Campus (approximately 1.8 kilometers)
• Kingswood Station (approximately 900 meters)
• Penrith RSL (approximately 1.5 kilometers)
• Penrith Leagues Club (approximately 2 kilometers)
• Chapman Gardens Oval (approximately 1.5 kilometers)

This site represents a rare opportunity in the Kingswood area, with similar properties not available since 2022. Interested parties are encouraged to act quickly to secure this valuable asset.

Disclaimer: The information provided has been sourced from reliable channels; however, accuracy cannot be guaranteed. Prospective buyers should conduct their own investigations and rely on their own judgment. Images are for illustrative purposes only and may not represent the final product or finishes.

Location