1371-1373 Canterbury Road
Punchbowl, NSW 2196

Overview

1371-1373 Canterbury Road, Punchbowl

Situated in the thriving and rapidly growing Inner South-West region, this exceptional development site offers a rare opportunity for developers and investors to capitalize on a prime location with high exposure on Canterbury Road. The property comprises a total land area of 2,066 square meters, featuring a level site with a frontage of 31.76 meters, making it ready for immediate construction.

The site is currently zoned R3 Medium Density Residential, allowing for the development of up to 12 townhouses or duplexes, subject to council approval. There is also potential for rezoning under proposed state and local government plans, which could further enhance development possibilities.

Connectivity is excellent, with easy access to all major arterial roads, facilitating convenient travel throughout the region. Residents and future occupants will benefit from a short leisure walk to the Punchbowl center, local schools, and the new Metro Train Station, enhancing lifestyle and transport options. Additionally, a bus stop is conveniently located at the doorstep, providing direct access to Roselands Shopping Centre.

The site offers versatile development potential, including attached dwellings, multi-dwelling housing, bed and breakfast accommodation, boarding houses, childcare facilities, NDIS-related developments, and display homes. This broad range of possibilities makes the property an exceptional and unlikely-to-be-repeated opportunity in this sought-after area.

The property consists of two separate titles:

• 1371 Canterbury Road: A freestanding four-bedroom house featuring two bathrooms and an internal laundry. The home boasts a generous living and dining area with polished flooring throughout, a large kitchen with ample storage, and an outdoor covered entertainment area. This portion sits on 1,143 square meters of level land.
• 1373 Canterbury Road: A secure vacant land parcel with front fencing and gate, covering 943 square meters of level land.

This combined offering presents a unique development site with significant potential for residential projects in a highly desirable location. The property is being offered for sale by Expression of Interest, closing on Monday 1st December at 5:00pm.

The price guide for this opportunity ranges from $2,650,000 to $2,850,000, reflecting the value and potential of this prime development site.

Location