Inspection By Appointment Only

125-127 Parramatta Road, and
52-54 Powell Street, Homebush NSW 2140

A Great Development Site

The subject development site is comprised of four legal titles and the combined site area is approximately 3,016 m2. The improvement on the site is a high clearance warehouse which is configured as showroom accommodation. The property is further complemented by a car park accessible via Powell Street. Strathfield Council has approved 115 units and 137 square meters of commercial space. The property is well located to transport routes approximately, 550 meters to Homebush Station, shops, and 1 km to Paddy’s Market, Flemington, M4, M5, and M7 motorway. Motivated vendors require a quick sale.

Key Features of the site
Showroom warehouse with a gross lettable area 2,400 m2 approx.
Total size area 3,016 m2
Zoning: B4 Mixed use & R4 High Density Residential
Permissible FSR 3.15:1 and 2.7:1 (2.90:1 as amalgamated)
Height Limit: 29 and 32 meters respectively.
DA: 1 B’R x 49
2 B’R x 54
3 B’R x 12 = 115
Commercial area 137 m2

Auction Tuesday, 8th June 2021 at 6 pm In-Room: The Porter, 1 O’Connell Street, Sydney NSW 2000

The subject development is well positioned to benefit from the ‘Homebush Village Upgrade (link to the article is mentioned below)
The Homebush area is on track to grow by over 11,000 people in the next 16 years. It has become increasingly apparent structural updates are required to improve the functionality of the area.

Burlington Rd is set to be transformed to become a one-way road, heading west, to allow for 90 degree parking. The intersection of Rochester St and Burlington Rd, a roundabout will be installed to manage traffic and improve pedestrian safety.

There are some 25 shops in the Village with a good mix of businesses including a community bank, takeaway shops, supermarket, butchers, green grocery and cafs. The village benefits from a variety of dining options, including Sri Lankan and Indian restaurants. Homebush Public School is situated adjacent to the train station, and from the Village, it is just a short walk to Strathfield Library.

This enhances Homebush’s existing profile as a hub of local restaurants and cafes where locals can enjoy a relaxed meal with family.

Homebush Village Upgrade 2021

https://www.strathfield.nsw.gov.au/project/homebush-village-upgrade/