120 Parker Street
Kingswood, NSW 2747

Overview

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

This property at 120 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 strategically located within walking distance to key amenities including Nepean Hospital, Kingswood Station, Western Sydney University, and several schools, making it an attractive prospect for both residential and commercial development.

The area of Kingswood has experienced significant transformation in recent years, driven by substantial government infrastructure investment and private sector growth. This has resulted in increased population, job creation, and rising property values, while Kingswood remains relatively affordable compared to other regions such as Westmead five years ago. This presents a timely investment opportunity to capitalize on future growth.

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 development potential subject to council approval, providing flexibility for residential flat buildings, shop top housing, build-to-rent developments, and mixed-use projects.

Land details include a single land size of 651.7 square meters with a frontage of 20.86 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 approximately 3.5:1 with a maximum building height of 18 meters, allowing for substantial development potential.

Local amenities enhance the appeal of this location, with Nepean Hospital approximately 150 meters away, Penrith South Public School 1.1 kilometers, Kingswood High School 2.1 kilometers, Western Sydney University Kingswood Campus 1.8 kilometers, Kingswood Station 900 meters, Penrith RSL 1.5 kilometers, Penrith Leagues Club 2 kilometers, and Chapman Gardens Oval 1.5 kilometers.

Sites like this are rare in this location and have not been available since 2022. Interested parties are encouraged to act quickly to secure this exceptional opportunity.

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

Location