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Overview
This property presents a unique opportunity for buyers seeking a land-centric investment in a well-connected urban locale. The existing structure is a dilapidated fibro cottage with a tin roof, emphasizing the offering as primarily land value. With a substantial cleared block measuring approximately 347.8 square meters, the site provides a clear canvas free of easements, allowing for flexibility in redevelopment.
Positioned within an R4 High Density Residential zoning area, the site is situated to leverage future urban planning potential. Its prominent location on King Georges Road, just 150 meters from the Wiley Park Station—which is slated to become a Metro station—positions it ideally for convenient public transport access. Furthermore, major roadways such as the M5 and M4 motorways are easily accessible, with Sydney’s Central Business District reachable by a 45-minute train commute, underscoring the property's appeal to commuters.
The existing physical features, including full fencing, suggest a secure boundary, while the note of the dwelling’s need for restoration or demolition highlights potential for both ambitious renovators and developers aiming for a knock-down and rebuild project. This versatility, coupled with the prime location and zoning, contributes to its appeal.
This property is likely to attract a range of buyers including investors eyeing redevelopment opportunities, builders, and those looking for a project close to transport links and urban amenities. Given the substantial land size and zoning classification, it provides a strategic base for future residential options within a growing community precinct.
Local Market Insights
In Wiley Park, Quiet Listings observed 7 new houses entering the market over the last 30 days, up from 6 during the previous 30-day period, with an average advertised asking price of $1,139,000. The property type mix of listed properties is predominantly Houses at 39%, followed by units (28%), and apartments (22%). The most active agency for houses in the Wiley Park area is currently Knapton Property Agents, representing 43% of new listings, followed by Colemon Property Group Pty Ltd with 14%. 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 |
|---|---|
| $949,000 | |
| OFFERS |
Location
Wiley Park NSW 2195
Market Insights for Wiley Park NSW 2195
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