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Overview
This substantial property in Marsfield presents a unique opportunity, particularly suited to builders, developers, and investors seeking to capitalise on its DA-approved duplex development potential. The generous 986 square metre block allows for the construction of two large, luxury family residences designed to enjoy spacious interiors and ample outdoor entertaining spaces.
Situated in a central location with close proximity to Macquarie University, shopping amenities, and public transport, the site offers convenient access to everyday conveniences and education institutions, including the local school catchments.
- Expansive land size provides a rare chance to realise a high-quality duplex development.
- Existing rental income potential from the current three-bedroom house on the site.
- Architectural plans and approvals are in place, simplifying development timelines.
- Location benefits from nearby buses, primary schools, university facilities, and motorway access, supporting both residents and investors seeking excellent connectivity.
This property is ideal for those looking to leverage the valuable land and approvals in a sought-after suburb, whether to develop for owner occupation or investment, with immediate income returns during the development phase.
Local Market Insights
In Marsfield, Quiet Listings observed 14 new houses entering the market over the last 30 days, up from 10 during the previous 30-day period, with an average advertised asking price of $2,631,786. The property type mix of listed properties is predominantly Houses at 39%, followed by townhouses (14%), and apartments (14%). The most active agency for houses in the Marsfield area is currently Uniland Real Estate, representing 57% of new listings, followed by Ray White with 21%. 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
Market Insights for Marsfield NSW 2122
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