47 Graham RoadNarwee NSW 2209
Property Details for 47 Graham Rd, Narwee
47 Graham Rd, Narwee is a 4 bedroom, 1 bathroom House with 4 parking spaces. The property has a land size of 736m2. While the property is not currently for sale or for rent, it was last sold in April 2024. There are other 4 bedroom House sold in Narwee in the last 12 months.
Last Listing description (April 2024)
R4 zoned Development opportunity positioned approximately 600 meters from Narwee Train Station, this exceptional offers opportunities for astute builders and developers (S.T.C.A).
Floor Space Ratio (FSR) of .9:1 and 11.5m height limit for high density development
Site Dimensions: 20.1m x 36.6m, 736sqm
The prime location boasts close proximity to:
Narwee Train Station (Approximately 20 minutes to CBD )
1.2km to M5 entry on King Georges Road (providing both east and west bound access)
Convenient Rail and Road access to the Airport
Beverly Hills renowned Restaurant and Entertainment Strip
Roselands Centro and Westfield Hurstville Shopping Centres
A variety of Public and Private Schools
Local parks and outdoor amenities
Currently, the site is suitable for various uses including:
Dual Occupancy
Townhouses
Apartment units
All subject to council approval
The potential upside of this site is underscored by the proposed changes to the current planning system by the State Government, particularly in Low & Mid Rise Housing. The proposed changes include:
• Residential flat building development application drawings and Development Consent documents are available upon request
• Please note: The realization of these changes is contingent upon the State Government's decision to proceed and the subsequent release of development controls. •
• Prospective buyers are advised to conduct their own due diligence.
Property History for 47 Graham Rd, Narwee, NSW 2209
- 04 Jul 2024Listed for Rent - Price not available
- 16 Apr 2024Sold for $1,768,000
- 18 Mar 2024Listed for Sale Auction Price Guide: $1,500,000
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About Narwee 2209
The size of Narwee is approximately 1.2 square kilometres. It has 13 parks covering nearly 11.2% of total area. The population of Narwee in 2011 was 4,956 people. By 2016 the population was 5,619 showing a population growth of 13.4% in the area during that time. The predominant age group in Narwee is 30-39 years. Households in Narwee are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Narwee work in a professional occupation. In 2011, 61.1% of the homes in Narwee were owner-occupied compared with 55.1% in 2016.
Narwee has 2,448 properties. Over the last 5 years, Houses in Narwee have seen a 69.88% increase in median value, while Units have seen a 14.57% increase. As at 31 August 2024:
- The median value for Houses in Narwee is $1,605,860 while the median value for Units is $646,083.
- Houses have a median rent of $850 while Units have a median rent of $550.
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