Development Potential: - R4 Zoning in Parramatta (STCA)
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25 Tennyson Street, Parramatta NSW 2150

$1,980,000

Commercial LandSize: n/a
Block size: 743 m² approx.
This R4 zone property, with total area of 740 sqm, presents an opportunity for the construction of boarding houses, educational facilities, home-based childcare centers, semi-detached dwellings, small flat or unit development and senior housing (subject to local council approval). Its strategic location near Western Sydney University adds to its appeal, given the consistent demand for student accommodations. This makes it an enticing prospect for developers and investors alike.
Moreover, the future light rail system in Parramatta will further elevate its value by enhancing connectivity to Parramatta CBD and beyond. This promises a lucrative opportunity for strategic development, catering to the increasing housing needs in a vibrant urban setting.
Key Features:
Total Land Size: 740 sqm
Floor Space Ratio (FSR): 0.8:1
Frontage : over 15 m
Land Zoning: R4 - High Density Residential
The property is currently leased, 4 bedrooms, 2 bathrooms
Opportunity for investors to lease and develop later or for owner-occupiers to reside in and develop in the future.

Only minutes away from the heart of Parramatta, local schools, public transport & Parramatta Rivercat, Western Sydney University.
For further details, feel free to contact our sales team: Francis Wong at 0412 238 313 or Joanne Tang at 0424 773 408.

Disclaimer:
DISCLAIMER
Disclaimer: This information is provided by the vendor and collected from third parties. C&R Realty International does not guarantee, warrant, and/or represent that information contained in this advertising and marketing document is correct. Any interested parties should make their own inquiries as to the accuracy of the information. We exclude all inferred or implied terms, conditions, and warranties arising out of this document and any liability for loss or damage arising therefrom.

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Inspections

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Send an enquiry

Contact Francis Kam Tong Wong to learn more about this property, request an inspection or take an online tour.

Key details

Property type:
Commercial Land
Block Size:
743 *

Other Details

Lot:
22
Plan Type:
DP
Plan:
7941
Legal description:
22/7941
C & R Realty International

Maps and area information

Block information
Block size: 743 (approx)
Legal description: 22/7941
Block Map
Measurements are estimates only and based on data provided under licence from © PSMA Australia 2024.
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A block's planning zone defines how that land can be used and what can be built on it.
A right to use a part of land owned by another person for a specific purpose. The most common forms of easements are for services, such as water, electricity or sewerage.
The value of a block of land without any buildings, landscaping, paths, or fences. This is different to the block's market value. A block's unimproved value is used to calculate rates and land tax charges.
This represents the shape of the geographical land. Closely spaced contour lines represent a steep slope. Widely spaced lines represent a gentle slope.
Enrolment areas for ACT public schools.

Property history

You don't need a time machine, we've built one for you. Research this property's past sales on the timeline below.
Property History
08 Mar 2018
Sold
$1,615,000
Contract: 14/12/2017
Transfer: 08/03/2018
Block size: 743m²
Transfer type: Full transfer
Purpose: Residence

Parramatta suburb information

A little bit about who lives locally, as provided by government census data
SummaryMedian sales
Average Age
33 years
Population
30,211
Listing ID: 182426109. This listing has been viewed 2 times. It was first displayed on 05/04/2024 and last updated on 09/04/2024.
Allhomes acknowledges the Ngunnawal people, traditional custodians of the lands where Allhomes is situated. We wish to acknowledge and respect their continuing culture and the contribution they make to the life of Canberra and the region. We also acknowledge all other First Nations Peoples on whose lands we work.
"With open hearts and minds, together we grow." artwork by David Williams of Gilimbaa.