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Overview
MU1/B4 DEVELOPMENT SITE - 651.3sqm | PRIME HOSPITAL PRECINCT LOCATION
This property at 124 Parker Street, Kingswood, is a prime MU1/B4 Mixed Use development site located in one of Western Sydney's fastest evolving growth corridors. It presents a rare opportunity for developers, investors, and land bankers to secure a strategic parcel within the heart of the Kingswood health and education precinct.
Situated just moments from key landmarks such as Nepean Hospital, Kingswood Station, and Western Sydney University, the site benefits from its proximity to major infrastructure and educational institutions. The area is undergoing significant transformation, driven by infrastructure investment, population growth, and the development of the Western Sydney Airport and Aerotropolis.
The property offers flexible mixed-use zoning and strong development fundamentals, making it an excellent opportunity to capitalize on the future growth of Kingswood while the suburb remains comparatively affordable.
Property Highlights:
- Zoned MU1 / B4 Mixed Use
- Land Size: Approximately 655 square meters
- Frontage: Approximately 21 meters
- Depth: Approximately 31 meters
- Existing residence with holding income potential
- Strong future redevelopment upside, subject to council approval (STCA)
Development Potential (STCA):
- Residential Flat Buildings
- Shop Top Housing
- Build-to-Rent (BTR) Projects
- Mixed-Use Commercial and Residential Developments
Planning Controls:
- Floor Space Ratio: 3.5:1
- Height Limit: 18 meters
Location Benefits:
- Nepean Hospital - Approximately 150 meters away
- Kingswood Station - Approximately 900 meters away
- Western Sydney University - Approximately 1.8 kilometers away
- Penrith CBD - Just minutes away
- Easy access to the M4 Motorway and major arterial roads
Opportunities for MU1/B4 zoned sites in this tightly held precinct are limited, making this site increasingly difficult to secure. This property represents a strategic investment in a rapidly developing area with significant future potential.
Disclaimer: The information provided has been gathered from sources believed to be reliable. However, accuracy cannot be guaranteed, and interested parties should conduct their own enquiries.
While every effort is made to ensure the accuracy and completeness of the property information provided, no guarantee is given. Buyers should independently verify all details, inclusions, availability, pricing, and other relevant information directly with the listing agent before relying on this information.
Open for Inspections
Upcoming inspection times scheduled in the next 14 days.
Location
Kingswood NSW 2747
Market Insights for Kingswood NSW 2747
Other properties in this postcode
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