This rarely offered boutique development site sits in a prime location in a quiet cul-de-sac on the fringe of Merrylands CBD. A unique opportunity to acquire the last remaining lot (All other lots in the street are DA approved) & build with a due north facing aspect ensuring strong resale demand. It features:
- Clear & level block with total of 505.9m2 of land & 12.19m frontage (approx)
- High side of the street with no major trees
- High density residential R4 zoning under the Holroyd LEP 2013
- Floor space ratio 1.5:1 & building height up to 20 meters
- Zero boundaries to western side of Wayman Pl for basement & first two levels
- Right of carriageway easement through 1 & 3 Wayman Place for access to basement parking
- No driveway required offering potential large courtyard units to the ground floors
- Preliminary architectural concept drawings to accommodate 12 parking spaces (STCA)
- Currently leased for $520 providing steady income until ready to develop & bonus DA approved granny flat
- Within a short stroll to railway station, new Stockland mall, King Park, schools, village shopping & vibrant eateries
- Approx 5 minutes' drive to the ever expanding Parramatta CBD
- Easy access to M4 motorway & proposed WestConnex $14.9 billion NSW freeway linking Parramatta to Sydney Airport
- Parramatta CBD link - http://www.parracity.nsw.gov.au/your_council/news/Parramatta_Square
- WestConnex link - http://www.westconnex.com.au/
