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.

Property ID: 1290140