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Overview
Set on a near-level 590 square meter block featuring a wide frontage and valuable side access, this property at 29 Denison Street presents a rare development opportunity in one of Mayfield's most sought-after locations.
The site is zoned R3 Medium Density Residential, making it ideal for dual occupancy or townhouse development, subject to council approval. The generous dimensions, flat terrain, and side access provide excellent potential to maximize development yield without compromising on functionality or appeal.
The existing home is a well-maintained two-bedroom residence currently rented, offering holding income while development plans are finalized. Demand for townhouses in Mayfield is strong, and the zoning offers future flexibility that is uncommon among inner-city blocks.
Conveniently located close to schools, shops, public transport, and just minutes from the central business district, this property meets the needs of developers, investors, and strategic buyers alike.
Opportunities like this are rarely available. Interested parties are encouraged to inquire now to explore the full potential of this prime Mayfield site.
Disclaimer: The information provided has been obtained from sources believed to be reliable; however, accuracy cannot be guaranteed. Prospective buyers should conduct their own investigations.
Local Market Insights
In Mayfield, Quiet Listings observed 15 new houses entering the market over the last 30 days, up from 7 during the previous 30-day period, with an average advertised asking price of $1,020,667. The property type mix of listed properties is predominantly Houses at 85%, followed by townhouses (10%), and villas (5%). Dowling Property Group was the most active agency in this area, representing 41.2% of all new listings in the last 30 days. These insights are based on agencies currently monitored by Quiet Listings and are updated as the local market changes.
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.
Change History
| Headline | When |
|---|---|
| $1,200,000 | |
| Preview |
Location
Mayfield NSW 2304
Market Insights for Mayfield NSW 2304
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