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Laing+Simmons Commercial - Parramatta

23 Marshall Road Telopea, NSW 2117

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23 Marshall Road,
Telopea, NSW 2117

Development Sites & Land

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Map of 23 Marshall Road

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Unit Development Site with Fabulous Passing Income

It doesn’t get much better than this. Two brand-new five (5) bedroom duplexes with a passing income of $1,575.00 per week positioned on a large 855.1M2 block with R4 Zoning (High Density Residential)

Stone’s throw to the new light rail station and moments to all amenities and schools

Development Potential Details:

- LGA Parramatta City Council
- Zoning R4 High Density Residential (Apartments)
- Land Size 855.1m2
- Frontage 20.35 m
- Floor Space Ratio 1.7:1
- Maximum build height 22m
- High side of the street
- Rear lane access
- Further information can be found at https://www.planning.nsw.gov.au/Plans-for-your-area/Priority-Growth-Areas-and-Precincts/Telopea-Precincts


Existing Dwellings on the land:

- 2 near new enormous duplexes
- Each with Five (5) oversized bedrooms
- 3 designer bathrooms
- Open plan gourmet kitchen with gas cooking, 900mm oven, dishwasher, stone benches and islands
- Multiple living areas with first floor rumpus
- Ducted air conditioning throughout
- Lock up garages
- Security alarms
- Large covered entertaining area with good sized level back yard
- Combined rental of $1,575.00 per week.

Location:

Moments to Telopea and Carlingford light rail stations, public school, parks and shops.

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Telopea, 2117 demographic data

The median household income for Telopea is $1,465, 29% lower than Greater Sydney's household income of $2,077. Telopea has an older age profile compared to the rest of Greater Sydney (median age 40 vs 37). Property ownership data shows 58% of property owners in Telopea have a mortgage.

5,356
Population
$1,465 per week
Median household income
40 years
Median age
Owners
Most residents
Families
Most households

Laing+Simmons Commercial - Parramatta

259 Church Street
PARRAMATTA, NSW 2150
Laing+Simmons Commercial - Parramatta
23 Marshall Road
Telopea, NSW 2117

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