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Overview
This expansive development site located in the heart of Blakehurst spans approximately 1365 square meters, presenting a unique opportunity for developers and investors alike. The elevated corner block houses three free-standing residences, offering significant potential under the current R4 High Density Residential zoning, which allows a height limit of 15 meters and a floor space ratio of 1.5:1.
The standout appeal of this property lies in its prime location within a prestigious residential suburb of St George local government area, surrounded by amenities essential for community living. It provides convenient access to quality local schools such as Blakehurst High School, multiple parks and playgrounds, as well as being within comfortable walking distance to Carss Point Baths beach and the Milan shopping complex just 100 meters away.
The site benefits from excellent connectivity, being close to South Hurstville retail hub, Hurstville train station, Westfield Hurstville shopping centre, and St George Hospital precinct, making it an attractive proposition for families, professionals, and developers looking to capitalize on strong population growth and rental demand in the area.
- R4 High Density Residential zoning allows flexible development options suited for multi-dwelling housing projects.
- Elevated corner lot configuration enhances visibility and access potential.
- Close proximity to public transport and essential services supports convenience and lifestyle quality.
- A strategic site for redevelopment with robust demographic trends favoring rental and buyer markets.
This development site represents a solid investment in a sought-after suburb, offering multiple avenues for future growth and development. Interested parties are encouraged to perform their own detailed inquiries to assess opportunities within this dynamic market.
Local Market Insights
In Blakehurst, Quiet Listings observed 12 new houses entering the market over the last 30 days, down from 15 during the previous 30-day period, with an average advertised asking price of $3,660,833. The property type mix of listed properties is predominantly Houses at 86%, followed by villas (5%), and duplexes (5%). The most active agency for houses in the Blakehurst area is currently McGrath Estate Agents, representing 25% of new listings, followed by Ray White with 17%. 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
Blakehurst NSW 2221
Market Insights for Blakehurst NSW 2221
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