Address available on request,
Concord, NSW 2137

Seize this exceptional chance to acquire a property with significant development potential in the heart of Concord. Situated on a generous block, 4 Franklyn Street comes with Development Application (DA) approval for a residential dwelling. However, the current E3 zoning offers remarkable flexibility, accommodating a variety of permitted uses.

"The Proposal is partially consistent with the Direction, as it seeks to rezone existing E3 Productivity Support land to land that is zoned R3 Medium Density Residential. However, the Proposal is seeking to zone the E3 and B4 land to R3 and to permit additional permitted uses for commercial premises and light industrial uses to facilitate viable development, including urban support services along Parramatta Road."


Key Features:

Development Potential: The property's E3 zoning allows for diverse possibilities, including mixed-use developments that seamlessly integrate light industrial and commercial spaces, among other options.

Strategic Location: Located within the Parramatta Road Corridor Urban Transformation Strategy (PRCUTS) area, this site is poised to benefit from significant urban renewal initiatives aimed at enhancing connectivity, infrastructure, and community amenities.

Council Endorsement: Stage 1 of a new planning proposal has received approval from Canada Bay Council, underscoring the area's readiness for transformation and increased development opportunities.

Ideal for Developers and Builders: This property presents a versatile canvas for builders, developers, and investors seeking to capitalise on the evolving landscape of Concord.

Investment Highlights:

Flexible Zoning: The E3 zoning designation provides a unique opportunity to explore various development avenues, potentially increasing the property's value and utility.

Proximity to Amenities: Enjoy easy access to local amenities, transport links, and the vibrant community offerings of Concord and the surrounding areas.

Future Growth: With the area's ongoing urban transformation, investing in this property positions you at the forefront of Concord's development trajectory.

4 Franklyn Street, Concord, stands as a prime opportunity for those looking to invest in a property with substantial development prospects. The combination of DA approval, flexible E3 zoning, and council-endorsed planning proposals makes this an attractive proposition for forward-thinking developers and builders.

For detailed information and to discuss the potential of this property, please contact the listing agent.