2 & 4 Ernest Street,
Lakemba, NSW 2195

Development Sites & Land

Price information

Sale

via EOI closing 4pm Wednesday 13 November 2024

Key property information

Land area

Zoning

Tenure type

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to arrange a private inspection.

Savills - Parramatta

Suite 503, Level 5, 20 Smith Street
PARRAMATTA, NSW 2150

2 & 4 Ernest Street

Lakemba, NSW 2195

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Residential Development Opportunity in Lakemba

FSR of 2.5:1 (TOD – Housing SEPP)
Land size of 1,359sq m*
Potential GFA of 3,397sq m* (STCA)

As the exclusive selling agents, Savills is delighted to present for sale 2 & 4 Ernest Street, Lakemba, offering a distinctive residential development opportunity in one of Sydney’s most culturally diverse suburbs.

This offering presents a strategic Transport Orientated Development (TOD) opportunity to secure two separate residential blocks on a combined 1,359sq m* of land with R4 zoning. The properties are ideally situated within walking distance to Lakemba Station and Town Centre.

The Transport Oriented Development (Housing SEPP) planning controls commenced on 13 May 2024 and will apply to Lakemba Station in December 2024.

Site Highlights include:
- Land size: 1,359sq m*
- Potential GFA: 3,397sq m*^
- Potential six storey height^
- 29.5m* street frontage
- Short walk to bustling amenities

This residential development site is being offered by Expressions of Interest (EOI) closing at 4pm, Wednesday 13th November 2024.

*All figures are approximate
^STCA - Subject to Council Approval

Property ID: 504709172Last Updated: 10 Oct 2024

Savills - Parramatta

Suite 503, Level 5, 20 Smith Street
PARRAMATTA, NSW 2150