A rare and lucrative opportunity presents itself with 112 & 114 Restwell Street, Bankstown – two side-by-side properties zoned R4 High Density, making them ideal for a high-rise unit development (STCA).
Premium Location
- Situated in a sought-after street close to schools, shops, and public transport
- Only 700m from Bankstown Train Station, offering seamless connectivity
- High-Density Development Potential (R4 Zoned)
- Floor Space Ratio (FSR): 2.3:1
- Building Height Limit: 26m
- Total Land Size: 1,286sqm (2 x 643sqm lots)
- Prime opportunity for a large-scale residential development (STCA)
Investment Highlights:
- Combined Rental Return: approx. $130,000 per annum (up to $2,500 per week across both properties)
- Secure exceptional holding income while planning your development
- One of the last remaining R4 High-Density sites of its kind in this rapidly growing precinct
This is an exceptional opportunity for developers and investors looking to secure a blue-chip R4-zoned site in one of Bankstown's most in-demand locations.
Don't miss out – opportunities like this are rare!
