Comprising three lots across 2,798m²*, this high-profile corner site commands a prominent position at the intersection of Punchbowl Road and Water Street. Boasting immediate access to Belfield Shopping Village and exposure to approximately 30,000* vehicles daily, the property offers unparalleled visibility, connectivity, and prominence in Sydney’s evolving Inner West.
With Development Approvals already secured, the site presents a rare opportunity for developers and investors to deliver a landmark project. Approved plans include 122 residential units, a 119-place childcare centre with a Pre-commitment to lease the childcare centre at a commencing rent of $654,500 per annum net + GST on a 15 x10 x 10-year lease to Little Lion Education, and a 73m² retail tenancy, offering a truly turnkey development in a highly sought-after location.
Key Features:
> DA approval for the construction of 122 residential units
> Approval for a 119-place Childcare Centre facility, with a pre-commitment to Little Lion Education on a 15-year lease with a further two options of 10 years, generating $654,500 + GST annually
> DA approval for the construction of a 73m²* commercial space
> Approved GFA of 10,935m²*
> Favourable unit mix with 70% mix of two & three bedrooms
> Over 3 Basements with approvals for 143 car spaces
> Located in a blue-ribbon locale, just minutes from Burwood and Strathfield’s leading schools, dining, cafés, and retail precincts, and only 20 minutes from Sydney CBD by car or public transport, this represents a rare, ready-to-go opportunity to deliver a landmark development in a high-demand area.
*All areas, amounts and distances are approximate.
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41-47 Punchbowl Road, Strathfield South,
New South Wales, 2136