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Overview
This substantial 820 square metre parcel of land in the heart of Cabramatta offers a rare developer's opportunity with its R3 Medium Density Residential zoning. The block provides considerable potential for future development, subject to council approval, appealing to builders, investors, and owner-occupiers seeking growth prospects.
The existing residence is a straightforward 3-bedroom, 1-bathroom home with a lock-up garage, offering immediate flexibility. Buyers can choose to move in, leverage rental income while planning redevelopment, or seize the chance to build a custom home or project tailored to their needs.
Location is a key advantage here, with Cabramatta train station within a short walking distance, facilitating easy access to the city and local amenities without reliance on a car. The area is vibrant, featuring a wide array of shops, schools, parks, cafés, and a renowned food scene, enhancing lifestyle convenience and appeal.
- Generous land size of approximately 820 sqm
- Existing home suitable for occupancy or rental income
- Single lock-up garage offering secure parking
- R3 zoning opens up options for medium density development
- Excellent walkability to transport, education, and retail hubs
This property stands out as a strategic acquisition for those looking to capitalize on location, size, and development potential in a sought-after suburb. It suits a range of buyers from developers and investors to families or individuals seeking a substantial landholding with excellent accessibility.
Local Market Insights
In Cabramatta, Quiet Listings observed 13 new houses entering the market over the last 30 days, up from 9 during the previous 30-day period, with an average advertised asking price of $1,586,538. The property type mix of listed properties is predominantly Houses at 65%, followed by units (26%), and duplexes (4%). The most active agency for houses in the Cabramatta area is currently Ray White, representing 46% of new listings, followed by Laing + Simmons with 23%. 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
Cabramatta NSW 2166
