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Overview
Discover a prime corner block offering excellent development potential under the current planning controls (subject to necessary approvals). The property occupies a generous 440 square metre level corner allotment with three street frontages providing exceptional access and visibility, including lane access at the rear. Located on the fringe of Parramatta CBD, this site is zoned E3 - Productivity Support under the Cumberland Local Environmental Plan 2021, with a building height limit of up to 23 metres and a floor space ratio of up to 2.2:1, providing significant scope for redevelopment or enhancement (subject to council consent).
The existing property is a single-level brick home featuring three bedrooms and two bathrooms, alongside a functional kitchen, living area, and convenient internal laundry with an additional toilet. The house benefits from a gas line heating system, lock-up garage, and a carport accommodating two vehicles at the rear. The expansive, low-maintenance backyard faces north, capturing excellent sunlight throughout the day. This outdoor space creates an ideal environment for relaxation or potential outdoor enhancement projects.
Strategically located, the property offers great convenience with easy walking distance to Parramatta CBD’s amenities. Nearby key facilities include the Westmead Hospital precinct, Westfield Shopping Centre, Murugan Temple, schools, parklands, and public transport links. The close proximity to Parramatta Square, CommBank Stadium, and the Westmead precinct ensures that the property benefits from ongoing urban reinvigoration and growth, promising solid future capital appreciation.
Investors will appreciate the potential rental income estimated at approximately $800 to $900 per week, while builder and developer interest is drawn to the site’s development possibilities (subject to council approval). This property represents a rare opportunity to secure well-positioned land in one of Sydney’s rapidly expanding growth corridors with multiple development avenues.
Features include:
- Level corner block with three street frontages and rear lane access
- Land size of 440 square metres
- Zoning: E3 - Productivity Support
- Permitted building height up to 23 metres
- Floor space ratio up to 2.2:1
- Existing single-level brick home with 3 bedrooms and 2 bathrooms
- Functional kitchen, living room, internal laundry with toilet
- Gas line heating installed in the house
- Secure lock-up garage and carport with space for 2 cars at rear
- Spacious, low-maintenance backyard with sunny northern aspect
- Estimated potential rental income $800 to $900 per week
- Prime location offering development potential in a thriving area (subject to council approval)
- Walking distance to Parramatta CBD, schools, parklands, and public transport
- Close to key destinations including Parramatta Square, CommBank Stadium, and Westmead precinct
This property offers an outstanding prospect for those seeking a strategic site poised for future growth, whether as an investment, redevelopment project, or a quality family home with exceptional location advantages.
Disclaimer: Every effort has been made to provide accurate information; however, prospective purchasers should independently verify all details and related aspects of this property before making decisions.
Local Market Insights
In Mays Hill, Quiet Listings observed 74 new houses entering the market over the last 30 days, up from 37 during the previous 30-day period, with an average advertised asking price of $1,456,568. The property type mix of listed properties is predominantly Apartments at 39%, followed by houses (38%), and townhouses (8%). McGrath Estate Agents was the most active agency in this area, representing 15.1% 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 |
|---|---|
| $1,580,000-$1,680,000 | |
| $1,600,000-$1,700,000 |
Location
Mays Hill NSW 2145
Market Insights for Mays Hill NSW 2145
Other properties in this postcode
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