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Overview
This unique property offering combines two adjoining Torrens Title land parcels, presenting an exceptional combined landholding of approximately 2,914 square meters in the established residential suburb of Canley Vale. The expansive size of the landholding provides an uncommon opportunity for those looking to explore significant development or investment prospects.
Each title—6 and 8 Prospect Crescent—is zoned R2 Low Density Residential under the Fairfield Local Environmental Plan. This zoning classification allows a broad spectrum of residential development options subject to relevant approvals, including dual occupancies, attached dwellings, semi-detached homes, and secondary dwellings. Such flexibility opens pathways for developers and builders to tailor future projects to market demands.
Beyond residential, the zoning also allows potential alternative uses such as centre-based childcare, community and educational facilities, places of worship, health consulting rooms, and seniors housing—subject to council consent. This multi-use potential caters to a diverse range of buyers including community organizations and investors seeking to repurpose the land.
The existence of two separate titles enhances flexibility for subdivision, ownership structures, and strategic land banking, allowing purchasers to adopt development or investment plans that best fit their objectives.
- Substantial land size offers ample scope for on-site parking, landscaped gardens, and adaptable site planning when considering future redevelopment possibilities.
- The location benefits from convenient access to surrounding suburbs such as Cabramatta and Fairfield, providing residents with established transport links, shopping, schooling, and community amenities.
- The vendor is motivated, inviting genuine offers and encouraging prompt due diligence to capitalize on this rare opportunity.
Overall, this property addresses the needs of developers, land bankers, and investors seeking a strategic holding with considerable scale and zoning versatility within a mature and well-connected residential precinct.
Local Market Insights
In Canley Vale, Quiet Listings observed 5 new houses entering the market over the last 30 days, down from 11 during the previous 30-day period, with an average advertised asking price of $1,415,000. The property type mix of listed properties is predominantly Houses at 50%, followed by units (36%), and duplexes (14%). The most active agency for houses in the Canley Vale area is currently Ray White, representing 80% of new listings, followed by McGrath Estate Agents with 20%. 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.
Open for Inspections
Upcoming inspection times scheduled in the next 14 days.
Location
Canley Vale NSW 2166
Market Insights for Canley Vale NSW 2166
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