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Overview
This expansive house at 63 Queen Street, Revesby presents a rare and valuable opportunity suited primarily for developers and investors looking for a prime development site with significant potential. The standout feature is the substantial land parcel of approximately 923 square meters with a notably wide frontage of 15.24 meters, providing an excellent foundation for building.
The property already benefits from approved DA plans for a five-bedroom duplex accompanied by a two-bedroom granny flat positioned at the rear. This approval, valid until around 2030, streamlines the development process and offers flexibility for immediate construction or future land banking.
Much of the preliminary and costly groundwork has been meticulously completed, including surveying, engineering and geotechnical assessments, and payment for Section 73 contributions, levies, permits, and associated insurances. These aspects significantly reduce hurdles typically faced in new developments.
Situated within a growing corridor, the location enhances the property’s long-term value, with convenient access to transport links such as Revesby Station only a short 4-minute drive away, as well as local bus services at the doorstep. Accessibility to essential amenities including shops and schools adds to the site's desirability and practicality.
- Exceptional approx. 923sqm land parcel with generous 15.24m frontage
- Development-ready with completed survey, engineering and approvals
- DA plans for a large five-bedroom duplex plus two-bedroom granny flat
- DA valid until circa 2030, allowing construction or land banking
- Substantial development costs prepaid, minimizing upfront expenses
- Located in an emerging corridor with proven strong resale values
- Close proximity to Revesby Station, public transport, and local amenities
This offering is particularly compelling for developers and investors seeking a project that moves beyond the initial planning phases, enabling a quicker path to construction or resale. The high land size and frontage also provide scope for versatile configurations and building options.
Local Market Insights
In Revesby, Quiet Listings observed 2 new houses entering the market over the last 30 days, down from 10 during the previous 30-day period, with an average advertised asking price of $1,622,500. The property type mix of listed properties is predominantly Duplexes at 70%, followed by houses (20%), and villas (10%). The most active agency for houses in the Revesby area is currently LJ Hooker, representing 50% of new listings, followed by Clarke National Realty with 50%. 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
Revesby NSW 2212
Market Insights for Revesby NSW 2212
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