22 Noller Parade, PARRAMATTA NSW 2150
Auction
Prime Riverside Development Opportunity - R4 Zoning!
Situated in a riverside address is an ultra-rare chance to secure a prime parcel of land with huge development potential (STCA). Walking distance to the Parramatta CBD, this is an unmissable opportunity for investors and developers looking for their next project in one of Sydney's fastest growing precincts. Highly accessible, the property occupies a corner position on a 910m2 level allotment providing future builders with access to the site via Noller Parade and Alfred Street. Ideally zoned R4 High Density Residential, there is enormous potential here to build high-rise style apartments. Backing onto a reserve and footsteps to the water, the property appreciates a prized, north-to-rear facing aspect allowing you to design your build to take advantage of the natural sunlight. This unbeatable location is only minutes to the Parramatta CBD, with a walking trail running directly from the rear of the property. The area is well connected with Tramway Avenue light rail station diagonally opposite as well as local bus links and cycleways. Other major amenities nearby include the Parramatta Stadium, Westfield, Rosehill Gardens Racecourse, light rail & train stations and the village of Harris Park. There are acres of parklands and riverside reserves to explore. A modest low-set brick and tile cottage occupies the site and includes 3 bedrooms and 2 toilets. The property is presently leased for $770 per week, so you can continue to earn an income while you plan your build. Delivering a winning combination of convenience, an immediate rental return and lucrative development prospects, this property won't last on the market for long. Call now to arrange an inspection or to request further information. Auction date: 26th June, 10:30am at Carlingford Bowling Club. Key Attributes - Diagonally opposite Tramway Ave Light Rail Station - R4 High Density Residential Zoned 911m2 corner block - ideal for high-rise apartments (STCA) - Prime riverside location with north-to-rear facing aspect - Highly accessible site with dual street frontage via Noller Parade & Alfred Street - Backing onto a reserve, footsteps to walking trails & riverfront - Walking distance to Parramatta CBD & major transport links - Proximity to Westfield, Parra Stadium, Rosehill Racecourse & Harris Park - Existing 3 bed, 2 bath low-maintenance brick home currently leased at $770/week - High growth Western Sydney corridor with potential for capital gains - Rare & lucrative opportunity for savvy investors and developers - Auction: 26th June, 10:30am, Carlingford Bowling Club
Auction Date
Thursday 26 June
10:30 am
Open for inspection
Saturday 24 May
1:00pm - 1:45pm
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