House for sale
House in Smithfield, NSW
30 15 30
Expressions of Interest
RIPE FOR REZONING! 18330m2 OF EXISTING LAND WITH COMPARABLE DA APPROVALS OF FSR 2:1Situated alongside the largest commercial district in the Southern Hemisphere, an opportunity has arisen to bolster your investment profile and secure a large deposit of land in what is one of Sydney's most affordable and centrally located suburbs (based on locality and existing density) which will rapidly connect you to all the surrounding major CBD's of Parramatta, Blacktown, Wetherill Park, Fairfield and Liverpool as well as also giving you quicker access to main road arteries like The Cumberland Highway, M4 and the recently opened and new M7 motorway, the South West, North West and Western connector.
Neighbouring this enclave is every possible amenity from shopping centers big and small including the recently renovated and highly contemporary Stockland Shopping mall, a brand new Aldi and specialty shopping centre 15 minutes walk, TAFE tertiary schooling minutes walk, public transport (buses to Blacktown, Bossley Park, Bonnyrigg and Fairfield), restaurants, sporting fields/reserves, Western Sydney Parklands and only a short 16 minute drive to Westfield Parramatta shopping.
Combining approximately 18 properties and approximately 21 residences and an existing successful business with up to 4 street frontages totaling 4.59 acres or 18330m2.
With state and local government's plans quick set to increase the density in Smithfield for the foreseeable future (as part of the Metropolitan Plan For Sydney 2036 guidelines which will include regional and major town centres in the Fairfield LAC), this massive amalgamation of properties in the heart of Smithfield is the perfect opportunity for the rezoning of land as comparable to recent DA's that have been given the green light for high density zoning minutes from this location. An incredible opportunity to acquire a blank canvass and set a precedent in this great, affordable and high quality location of Sydney.
Majority of the properties are owner/occupied with a limited amount tenanted and an existing sand, soil and cement business.
Prospective very conservative combined rental return of all properties equals $9000 per week or $468,000 annually, posing an absolute phenomenal return offsetting your outgoings.
Current zoning permits the following developments;
* Child care centres
* Community facilities
* Educational establishments
* Emergency services facilities
* Group homes
* Health consulting rooms
* Information and education facilities
* Places of public worship
* Public administration
* Recreation areas
* Respite day care centers
* Seniors housing
All information and values are approximates. All genuine interested parties are advised to conduct their own research.
Property Code: 93
Last updated: 12:25AM on Oct 28th 2017