PROPERTY SUMMARY
PROPERTY DESCRIPTION
A rare opportunity to secure approximately 445m² of R4 High Density Residential land in an established Parramatta location, complemented by an existing three-bedroom residence currently tenanted.
Offering a combination of substantial land, R4 zoning and immediate rental income, 11 Morton Street presents an opportunity for developers, investors and strategic land buyers looking to secure a well-positioned residential holding.
The existing residence provides an immediate rental income stream while allowing the new owner time to consider their future plans. The home features three bedrooms, a functional kitchen and bathroom, providing a practical holding option.
The key attraction is the approximately 445m² R4 High Density Residential landholding, providing potential for future development, subject to the purchaser’s own investigations, applicable planning controls and council approval.
Property Features:
• Approx. 445m² land
• R4 High Density Residential zoning
• Three-bedroom residence
• Currently leased at $600 per week
• Immediate rental income
• Functional kitchen and bathroom
• Strategic land-banking opportunity
• Future development potential, subject to STCA and applicable planning controls
Prime Parramatta Location
Ideally positioned close to Parramatta CBD, Westfield Parramatta, schools, Western Sydney University, cafés, restaurants and public transport, with easy access to Parramatta Park, Parramatta River, Westmead Hospital, major roads and the M4 Motorway.
Land today. Income today. Potential for tomorrow.
Inspection is highly recommended.
For further information or to arrange an inspection, contact Ray Wehbe on 0433 840 844.
All development potential is subject to detailed due diligence, applicable planning controls, development standards, council approval and other relevant authorities. Buyers should make their own independent enquiries regarding zoning, permissible uses, site constraints and development feasibility.