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Overview
This distinguished residence, first offered in nearly four decades, is situated in a prime Parramatta location, presenting vast potential for renovation, investment, or redevelopment subject to council approval (STCA).
The property is zoned R4, providing an exceptional opportunity to enhance the existing home or explore the development possibilities of the site. Its advantageous location offers close proximity to parks, schools, shops, public transport options, and key arterial roads, making it highly convenient and accessible.
Key features of this property include a versatile layout with multiple indoor and outdoor living areas that cater to varied lifestyle needs. The accommodation comprises three generous bedrooms complemented by a sunroom that adds extra living space or relaxation area.
Additionally, there is a self-contained teenager's retreat, currently requiring repairs, which offers independent living possibilities within the home, ideal for extended family or guests.
The kitchen is functional and equipped with gas cooking facilities, facilitating everyday meal preparation. The main bathroom retains its original character while remaining practical for daily use.
The property occupies an approximate land area of 691 square meters with a frontage of roughly 15.4 meters, which may present future development prospects under the applicable council zoning and approvals.
Convenience is further enhanced by the presence of a carport alongside additional off-street parking spaces, accommodating multiple vehicles with ease.
This residence stands as an exceptional opportunity for buyers seeking a property with substantial potential for value addition through renovation or redevelopment in a sought-after area of Parramatta.
Prospective purchasers are encouraged to book appointments for inspection to fully appreciate the scope and possibilities this property offers.
Local Market Insights
In Parramatta, Quiet Listings observed 7 new houses entering the market over the last 30 days, up from 5 during the previous 30-day period, with an average advertised asking price of $1,428,000. The property type mix of listed properties is predominantly Apartments at 64%, followed by units (21%), and houses (7%). Ray White was the most active agency in this area, representing 16.7% 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.
Location
Parramatta NSW 2150
Market Insights for Parramatta NSW 2150
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.