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167 - 171 Great Western Highway
Mays Hill, NSW 2145
$4,350,000
Overview
167 - 171 Great Western Highway, Mays Hill
This prime development site comprises three properties located at 167, 169, and 171 Great Western Highway in Mays Hill, offering a unique opportunity for investors and developers. Situated just minutes from the vibrant Parramatta CBD, the site benefits from proximity to major amenities including Westfield shopping centre, popular cafes, eateries, and convenient public transport options.
The properties consist of two free-standing homes with significant development potential, strategically positioned with dual street frontages and currently fully leased, providing a steady income stream. The total site area is approximately 1,257.8 square meters, with a floor space ratio of 2.2:1 and a height limit of 23 meters, allowing for substantial redevelopment possibilities.
Key features of the site include a frontage of approximately 36.57 meters with rear lane access, enhancing accessibility and development flexibility. The individual properties offer a range of accommodation options: 171 Great Western Highway features three bedrooms, a living area, kitchen, main bathroom, and a lock-up garage; 169 Great Western Highway includes four bedrooms, living area, kitchen, main bathroom, and a three-car carport; and 167 Great Western Highway comprises three bedrooms, living area, kitchen, main bathroom, and a double lock-up garage.
Located with easy access to Sydney's major arterial roads such as the M4 motorway, James Ruse Drive, and Parramatta Road, the site is well connected for commuting. It is only 1.5 kilometers from Westmead train station, 2 kilometers from Westmead Hospital, 1.8 kilometers from Parramatta train station, and 1.3 kilometers from Parramatta Westfield, making it an ideal location for residents and businesses alike. Bus stops are conveniently located at the doorstep, further simplifying transportation options.
This offering represents a rare chance to acquire a substantial parcel of land in one of Sydney's fastest-growing precincts, with excellent development upside and current rental income of $101,400 per annum. The site is zoned E3 Productivity Support, supporting a variety of uses and development types.
Prospective buyers are encouraged to explore the significant potential of this site, whether for redevelopment or investment purposes, capitalizing on the strategic location and strong market fundamentals of the Parramatta CBD area.
Disclaimer: The information provided is gathered from sources considered reliable; however, no warranty or representation is made as to its accuracy or completeness. Interested parties should conduct their own investigations and due diligence.
Location
Mays Hill NSW 2145
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