Expressions of Interest
69-75 Marco Avenue, Revesby NSW 2212
House
15612
Block size: 3736 m² approx.
Massive Unit Development Site ~ 3,736m2
Professionals Padstow are proud to exclusively offer this unrivaled unit development site in the ever popular suburb of Revesby. One of the area's first and largest development sites to hit the market, this rare opportunity offers huge potential in a high growth market. Set just outside the heart of Revesby, this development boasts quick access to all essential services (500m walk), while delivering panoramic district views and beautiful outlook over Amour Park.
The properties have the following key highlights:
* Four properties to be sold in one line
* Significant 3,736sqm* freehold site across the 4 properties, 51m combined frontage
* FSR of 1.75:1 upscales the site to a buildable area of 6,538sqm*
* R4 high density zoning with a height limit of 25m
* Adjacent to Council land that is not zoned for development, affording uninterrupted views across the district
* Prime location only 400m to Revesby Woolworths and Gloria Jeans
* Very limited R4 zoning in the surrounding area
* Express train to Central via the airport line commences and terminates at Revesby
* M5 connectivity
* 71 Marco currently rented for $1,450 per week, combined potential rental return of $3,750 per week, or $195,000 per annum.
* As per Core Logic, unit price growth over the last 3 years has been 11%, with rents climbing by 20% in the area
If you would like to discuss this rare opportunity in further detail, please do not hesitate to contact listing agent Todd Owsnett or Josh Sammut.
* All dimensions are approximates, potential purchasers to make their own inquiries and not rely solely on the information presented.
The properties have the following key highlights:
* Four properties to be sold in one line
* Significant 3,736sqm* freehold site across the 4 properties, 51m combined frontage
* FSR of 1.75:1 upscales the site to a buildable area of 6,538sqm*
* R4 high density zoning with a height limit of 25m
* Adjacent to Council land that is not zoned for development, affording uninterrupted views across the district
* Prime location only 400m to Revesby Woolworths and Gloria Jeans
* Very limited R4 zoning in the surrounding area
* Express train to Central via the airport line commences and terminates at Revesby
* M5 connectivity
* 71 Marco currently rented for $1,450 per week, combined potential rental return of $3,750 per week, or $195,000 per annum.
* As per Core Logic, unit price growth over the last 3 years has been 11%, with rents climbing by 20% in the area
If you would like to discuss this rare opportunity in further detail, please do not hesitate to contact listing agent Todd Owsnett or Josh Sammut.
* All dimensions are approximates, potential purchasers to make their own inquiries and not rely solely on the information presented.
Inspections
No open inspections scheduled.
Send an enquiry
Contact Todd Owsnett to learn more about this property, request an inspection or take an online tour.
Key details
Bedrooms:
15
Bathrooms:
6
Garage Spaces:
12
Property type:
House
Block Size:
3736 m²*
Other Details
Lot:
31
Plan Type:
DP
Plan:
16917
Legal description:
31/16917
Maps and area information
Block information
Block size: 3736m² (approx)
Legal description: 31/16917
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.
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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.
28 Mar 2014
Sold
Benchmark National Revesby
$690,000
Contract: 28/03/2014
Listed: 11/02/2014
Days on market: 45
Transfer type: Full transfer
Revesby suburb information
A little bit about who lives locally, as provided by government census data
SummaryMedian sales
Average Age
40 years
Population
15,268
Listing ID: 181885451. This listing has been viewed 10 times. It was first displayed on 29/08/2023 and last updated on 24/04/2024.
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.