1-3 Lennox Street,
Parramatta, NSW 2150
Development Sites & Land • Other
Key property information
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Map of 1-3 Lennox Street
DA APPROVED BOUTIQUE DEVELOPMENT
- DA Approved
- Existing dwellings
Situated in arguably the best location in Parramatta, this opportunity has all the markings for a great investment. Situated approximately 500m from Westfields Parramatta and CBD, this property is ready for those who are willing to make it their own.
DA approved for a large commercial space and 2 x semi-detached townhouses at the rear, this opportunity is second to none. Approved from 29th December 2020 this approval wont lapse until the 29th December 2025 which gives you plenty of time to get you affairs in order.
Currently on site are 2 x 4 bedroom properties featuring modern finishes, period features and rear courtyards so you can rest assured that while you are getting things together for the build, the property will generate income.
Standout features include:
• DA approval for a large commercial space and 2 x semi-detached townhouses until 29th December 2025
• Excellent location being close to Parramatta CBD and Parramatta Westfields
• Opportunity to develop in an up and coming area
• Transport available in close proximity
• Total land size is 556.5m2 approx
• Near regular corner allotment with two street frontages
• Located on the corner of Marsden Street which leads directly into Parramatta
• Your choice to commence construction or wait and sit on the income potential
• Existing 2 x 4 bedroom properties with period features and modern interiors
DA approved for a large commercial space and 2 x semi-detached townhouses at the rear, this opportunity is second to none. Approved from 29th December 2020 this approval wont lapse until the 29th December 2025 which gives you plenty of time to get you affairs in order.
Currently on site are 2 x 4 bedroom properties featuring modern finishes, period features and rear courtyards so you can rest assured that while you are getting things together for the build, the property will generate income.
Standout features include:
• DA approval for a large commercial space and 2 x semi-detached townhouses until 29th December 2025
• Excellent location being close to Parramatta CBD and Parramatta Westfields
• Opportunity to develop in an up and coming area
• Transport available in close proximity
• Total land size is 556.5m2 approx
• Near regular corner allotment with two street frontages
• Located on the corner of Marsden Street which leads directly into Parramatta
• Your choice to commence construction or wait and sit on the income potential
• Existing 2 x 4 bedroom properties with period features and modern interiors
Parramatta, 2150 demographic data
The median household income for Parramatta is $2,092, 1% higher than Greater Sydney's household income of $2,077. Parramatta has a younger age profile compared to the rest of Greater Sydney (median age 32 vs 37). Property ownership data shows 63% of property owners in Parramatta have a mortgage.
30,211
Population
$2,092 per week
Median household income
32 years
Median age
Renters
Most residents
Families
Most households
04081610...
1-3 Lennox Street
Parramatta, NSW 2150
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