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9 - 15 Leicester Avenue, Strathfield NSW 2135

DEVELOPMENT SITE FOR SALE S.T.C.A.

Search Band Search Visibility Band

$10M - $11M Medium Confidence Calculated based on our search observations.

House 12 Beds 4 Baths 4 Cars 1511 m²

Listed: 2 days ago

Overview

This substantial development opportunity encompasses four adjoining homes along a single line, presenting a total land area of approximately 1,511 square metres. Located in the highly accessible suburb of Strathfield, the site lies within close proximity—around 400 metres—to Strathfield Train Station and the bustling town centre, facilitating excellent connectivity for future residents.

The land is zoned R4 High Density Residential under Canada Bay Council, offering strong potential for redevelopment subject to council approval. This zoning, combined with its position under the Transit Oriented Development (TOD) scheme, makes it particularly suited for the construction of studio apartments or other higher density residential dwellings, maximizing yield in a sought-after precinct.

The site comprises four homes sold collectively, providing a unique parcel in a coveted development zone.
Its proximity to public transport hubs and major motorways ensures convenience for commuting and accessibility.
Surrounding amenities, including shops, restaurants, cafes, and parks, add lifestyle appeal, enhancing desirability for diverse uses.
Strong rental return potential allows for interim holding income, beneficial for investors considering long-term plans.
Nearby future infrastructure projects, such as the North Strathfield Bakehouse Quarter and upcoming Metro connection, signal significant growth opportunities in the area.

This offering will appeal primarily to developers and investors seeking a rare landbank opportunity in Strathfield’s evolving urban landscape. The sizeable land parcel, excellent transport links, and zoning potential collectively grant flexibility for varied future projects, from immediate rental income to eventual redevelopment aligned with market demand and planning approvals.

Local Market Insights

In Strathfield, Quiet Listings observed 19 new houses entering the market over the last 30 days, up from 15 during the previous 30-day period, with an average advertised asking price of $6,232,895. The property type mix of listed properties is predominantly Houses at 61%, followed by apartments (26%), and units (6%). The most active agency for houses in the Strathfield area is currently McGrath Estate Agents, representing 68% of new listings, followed by Belle Property with 16%. 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.