Prominent Corner Freehold with Exceptional Development Upside
450 Parramatta Road, Petersham NSW 2049
Auction 24/06/25
HotelSize: n/a
Block size: 487 m² approx.
IB Property is pleased to present 450 Parramatta Road, Petersham a rare corner freehold offering outstanding development potential and previous use rights as the renowned Clarence Hotel.
Set on a 487sqm* landholding and fully renovated throughout, the property boasts a total net saleable area of 721sqm*, Zoned E1 Local Centre with an FSR of 1.5:1 and a height limit of 14 metres, the site is primed f
Inspections
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Contact Dimitrios Franze to learn more about this property, request an inspection or take an online tour.
Auction
Tuesday 24 June, 10:30am
AuctionWorks - Mezzanine Level, 50 Margaret Street
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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.
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.