We are pleased to present 1 & 1A Garner Street, St Marys brought to you by the Selling Principal of Ray White United Group, Peter Diamantidis.
An exceptional investment and development opportunity in St Marys which is approved to construct 10 apartments in a high sought after area. This unique property offers the best of both worlds - immediate dual rental income and outstanding future development if you proceed with the DA approval to build.
Set on a generous 663.9sqm parcel of land and zoned R4 High Density Residential, the property comprises one house cleverly configured into two separate dwellings which comes with consent paperwork from Penrith City Council.
Both residences are well-positioned to provide comfortable, independent living, making this an ideal option for investors seeking strong rental returns, extended families, or those looking to landbank in a high-growth precinct.
With R4 High Density Residential zoning and being approved, the site presents exciting potential for future redevelopment including a three-level apartment construction. Positioned within a rapidly evolving corridor, this is a prime opportunity to capitalise on St Marys' continued growth and infrastructure investment.
Located just moments from St Marys Train Station, the property offers excellent connectivity to Sydney CBD and the upcoming Western Sydney Airport. Residents will appreciate close proximity to schools, shops, parks, and major arterial roads including the M4 Motorway.
Key Features:
- 663.9sqm block
- Zoned R4 - High Density Residential
- Dual income opportunity
- 2-bedroom front dwelling
- 2-bedroom rear dwelling with driveway access
- DA Approved for 10 apartments
- Only 22 years old!
- Close to St Marys Station, shops, schools & transport
Whether you're looking to invest, develop or secure a strategic holding in a high-demand location, this is an opportunity not to be missed.
For further information, please contact Peter Diamantidis 0404 051 702
Disclaimer: The above information has been gathered from sources that we believe are reliable. However, we cannot guarantee the accuracy of this information and nor do we accept responsibility for its accuracy. Any interested parties should rely on their own enquiries and judgment to determine the accuracy of this information for their own purposes. Images are for illustrative and design purposes only and do not represent the final product or finishes.
