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1-7 Elvina Street, Greystanes, NSW 2145, 0 Bedrooms, 0 Bathrooms, Section

Expression of Interest

1-7 Elvina Street, Greystanes, NSW 2145

742m2
SectionListed on Sat Sep 28
Parramatta (Northwest suburbs)

Greystanes Prime Mixed-Use Development Opportunity with NDIS SDA POTENTIAL

Social Impact Housing Specialist AZEEM SARWAR from NDIS Property Sale is Proud to present CC Approved NDIS SIL/Respite Accommodation Potential | Expected High Return Investment.

ABSOLUTE CRACKER OF AN OPPORTUNITY! Cornor location - only 10 mins from Parramatta CBD

Unlock the potential of this CC approved mixed-use development site, perfectly positioned in the heart of Greystanes. The development is ideally suited for NDIS Supported Independent Living (SIL) or respite accommodation, offering an exciting opportunity for developers and builders to capitalize on the booming NDIS sector.

There are currently 4 X Titles on the Land. Can possibly be sub-divided into 2 Separate Lots & Build 4 X Terraces - STCA

only 10 mins from Parramatta CBD

The future is here. Parramatta 2050: Where Ambition Meets Opportunity!

Parramatta is on track to become Western Sydney?s economic powerhouse, creating over 150,000 new jobs in the next 25 years! As part of the bold Parramatta 2050 vision, City of Parramatta Council is transforming into a global city, offering opportunities closer to home for where most of Sydney lives.

Development Features:

5 X Spacious Townhouses ? 2 Bedrooms Each - Designed with modern living in mind, perfect for long-term tenants or specialized accommodation.

2 x 1-Bedroom Studio Units ? Ideal for NDIS SIL or respite use, with Unit 1 approved adaptable and accessible features, including accessible parking for Unit 1. Disabled participant can be housed in this unit.

2 Retail Shops ? Boost your returns with high-visibility commercial spaces that offer convenience and community services to residents and locals alike.

PROJECT INFORMATION:

2 x Retail Shops

5 x Townhouses (2 Bedrooms Each)

2 x Units (1 Bedroom Each)

7 x Private Car spaces (Including 2 Accessible car parking spots)

2 x Visitors Car spaces

14 x Retail Car spaces (street)

Commercial Space: 163.114 m2

Residential Area (Internal): 452.2

Site Area: 742.8 m2

Gross Building Area: 699.7 m2 FSR Mixed 1.16:1 FSR Residential: 0.94:1

Accommodation Areas:

Unit 1: 79.2 m2 (1 Bedroom + Accessible Compliant & Approved)

Townhouse 2: 101.95 m2 (2 Bedrooms + 2 Bathrooms + Balcony) (Suitable for SIL / RESPITE CARE ACCOMMODATION)

Townhouse 3: 114.6 m2 (2 Bedrooms + 2 Bathrooms + Balcony) (Suitable for SIL / RESPITE CARE ACCOMMODATION)

Townhouse 4: 114.6 m2 (2 Bedrooms + 2 Bathrooms + Balcony) (Suitable for SIL / RESPITE CARE ACCOMMODATION)

Townhouse 5: 115.6 m2 (2 Bedrooms + 2 Bathrooms + Balcony) (Suitable for SIL / RESPITE CARE ACCOMMODATION)

Townhouse 6: 114.2 m2 (2 Bedrooms + 2 Bathrooms + Balcony) (Suitable for SIL / RESPITE CARE ACCOMMODATION)

Unit 7: 83.4 m2 (1 Bedroom + 1 Bathroom + Balcony) (Could be On-Site OOA)

Total : 454.2 m2 - Overall 723.55 m2

Key Features:

NDIS SIL/Respite Accommodation Improved Livability Potential ? Take advantage of government-backed high returns and low vacancy rates in the NDIS sector, offering financial security for years to come. Potential of making minor changes in the plans to get this SDA Approved for Improved Livability to gain potentially 10xReturns. SDA Approvals will give you the opportunity to access SDA NDIS Funding for each participant.

Adaptable & Accessible Features ? Unit 1 is fully compliant with accessibility standards, ensuring inclusive living solutions, making it attractive for wheelchair bound participant. All other Townhouses can also be leased to 10 to 14 Participants as STA/MTA/SIL/RESPITE care accommodation including space for OOA Accommodation on-site i.e Unit 7 (1 Bed Studio)

Strategic Location ? Situated in a thriving residential and commercial area of Greystanes, close to public transport, shopping centers, schools, and health services, this development offers convenience and community integration.

Parking & Accessibility ? Designed with accessible parking for ease of access, particularly beneficial for NDIS participants.

Potential High Return Investment for Developers & Builders:

This is a rare opportunity to step into a fully approved, mixed-use project that taps into the growing demand for NDIS-compliant housing and high-yield investment properties. Builders and developers can expect significant returns by catering to NDIS accommodation needs while benefiting from both residential and commercial rental income.

NDIS Providers: Once in a life time opportunity! This project could be best for providers. House 10 to 14 participants at 1 location plus run your offices downstairs, all of this from one cornor location, being 3 minutes from Pemulwuy Marketplace & only 10 mins from Parramatta CBD

Don?t miss out on this outstanding opportunity to develop a property that combines residential, commercial, and social impact.

Contact Your NDIS SDA Property Specialist AZEEM SARWAR today! 430 814 614

Disclaimer: All information contained herewith, including but not limited to the general property description, images, floor plans, figures, price and address, has been provided to The Property Realtors Pty Ltd, TPR commercial & NDIS Property Sale & Lease, by third parties. Images are for illustrative and design purposes only and do not represent the final product or finishes. All Sizes, Measurements & Distances are approximate! We have obtained this information from sources that we believe to be reliable; however, we cannot guarantee the accuracy and or completeness of this information. The information contained herewith should not be relied upon as being true and correct. You should make independent inquiries and seek your own independent advice in respect of this property or any property on this website.

Location

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Estimate

Council Data

Last update : 2024 11 30
Land value$1,100,000Increased by 3% from year 2022
Land734m²
Planning ZoneLocal Centre
Key SitesNo
Future Residential Growth AreaNo
Active Street FrontagesNo
Urban Release AreaNo
Obstacle LimitationNo
Floor Space Ratio1
Height of Building11 m
Flood ZoneNo
Sulfate SoilsNo
BushfireNo
Landslide RiskNo
HeritageNo
State Significant Dev SitesNo

School zones

Name
Distance
Type
Year
Attribute
Gender
Score
Greystanes Public School
0.91 km
Primary
K-6
Government
icsea: 1081
Greystanes High School
0.91 km
Secondary
7-12
Government
icsea: 990

Property history

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For developers

lot12
planDP236829
zoneCodeE1
primaryZoneDescriptionLOCAL CENTRE
URLhttps://legislation.nsw.gov.au/view/html/inforce/current/epi-2008-0572

Greystanes surrounding data

Sold nearby

Address
Distance
Bed
Bath
Floor area
Sold date
Sold
Data source
6 Deborah Street, Greystanes
0.15 km
5
3
-m2
Year 2024 Month 10 Day 03
-
Council approved
13 Daisy Street, Greystanes
0.24 km
5
3
-m2
Year 2024 Month 09 Day 20
$2,065,000
Council approved
24 DAWN ST, Greystanes
0.15 km
4
2
-m2
Year 2024 Month 07 Day 31
$1,550,000
Council approved
26 GOZO RD, Greystanes
0.12 km
3
1
-m2
Year 2024 Month 07 Day 22
-
Council approved
300 A OLD PROSPECT RD, Greystanes
0.19 km
5
4
-m2
Year 2024 Month 07 Day 17
$1,610,000
Council approved

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Ref:eagle_1484722Last update:2024-11-11 14:50:17