Images and floorplans are provided for illustrative purposes and remain the property of their respective copyright owners.
Overview
DA Approved Development Site – 5 Premium Terraces in Eastwood's Core
This property at 197 Shaftsbury Road, Eastwood, represents a landmark development opportunity in one of Sydney's most sought-after suburbs. It is a DA-approved development site offering the potential to build five premium terrace homes in Eastwood's core.
The site is approved for five architecturally designed, three-storey terrace homes by the acclaimed WEN Architects, known for their high-quality residential designs. The development includes two terraces with five bedrooms and 3.5 bathrooms each, and three terraces with four bedrooms and four bathrooms each. Each dwelling will feature one garage and an additional parking space, private courtyards, and rooftop gardens with panoramic views.
The design emphasizes floor-to-ceiling glass, abundant natural light, and contemporary finishes, creating a modern and appealing living environment. The site area is approximately 1,108 square meters, with Torrens title subdivision capability, providing a seamless pathway for development.
Located just 350 meters from Eastwood's bustling commercial precinct, the site offers exceptional convenience. It is situated in a quiet residential pocket yet close to Eastwood's vibrant shopping and dining district, Eastwood Train Station with direct access to the CBD, and within the Eastwood Public School catchment area. The location also provides easy access to nearby hubs such as Epping, Chatswood, and Macquarie Park, approximately 5 to 10 minutes by car.
This highly walkable location is attractive to families and professionals seeking lifestyle convenience without compromising on tranquillity. The development is ready to build with no lengthy approval delays, offering a short construction cycle. The project is cost-controlled with substantial upside potential, backed by strong market demand for new terraces in the area.
Financially, the project is expected to deliver strong equity returns, with the ability to leverage bank financing. This is a rare opportunity to acquire a DA-approved, architecturally designed terrace development in one of Sydney's most tightly held suburbs, suitable for experienced developers or investors seeking a high-yield project.
Disclaimer: All information is gathered from sources deemed reliable, but accuracy cannot be guaranteed. Interested parties should rely on 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.
Location
Eastwood NSW 2122
Market Insights for Eastwood NSW 2122
Other properties in this postcode
* Search brackets are a technical classification derived from unverified metadata set by the listing agent for search filtering. It is not an official price guide, a valuation, or a representation of the seller's reserve. This data is provided for search transparency purposes only.
