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1-5 James Street
Blakehurst NSW 2221

Bedrooms: -
Bathrooms: -
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Land area: 1365m2
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Da Approved Development Site in the Heart of Blakehurst

Opportunity for you to purchase this development site in the heart of Blakehurst with a DA approval of 23 units including a penthouse over a double basement with the following combinations: 4 x 1 bedrooms, 3 x 3 bedrooms and 16 x 2 bedrooms.
This elevated position development site, is located in a prime location, walking distance to the beach, schools, shops and transport.
Positioned within the heart of Blakehurst, a prestigious residential suburb, within the St George LGA. This investment presents a great opportunity for developers to acquire a prime real estate in Blakehurst. This excellent development site at 1-5 James Street, Blakehurst lies within an active purchaser market with strong population growth and rental demand.
1 - 5 James St Blakehurst currently consists of three free standing houses with a total land size area of around 1365sqm for all three properties. Current zoning is R4 High Density Residential
Key features of the development site:
- R4 - High Density Residential Zoning
- 15m height limit
- 1.5:1 FSR
Key features of the property:
- 1365sqm total land area
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Property Details for 1-5 James St, Blakehurst

Building Type
Commercial
Land Size
1365m2

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About Blakehurst 2221

The size of Blakehurst is approximately 3.3 square kilometres. It has 24 parks covering nearly 9.6% of total area. The population of Blakehurst in 2011 was 6,101 people. By 2016 the population was 6,221 showing a population growth of 2.0% in the area during that time. The predominant age group in Blakehurst is 10-19 years. Households in Blakehurst are primarily couples with children and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Blakehurst work in a professional occupation. In 2011, 81.6% of the homes in Blakehurst were owner-occupied compared with 82.7% in 2016.

Blakehurst has 2,750 properties. Over the last 5 years, Houses in Blakehurst have seen a 37.14% increase in median value, while Units have seen a 26.27% increase. As at 30 November 2024:

  • The median value for Houses in Blakehurst is $2,281,266 while the median value for Units is $1,058,820.
  • Houses have a median rent of $980 while Units have a median rent of $830.
There are currently 24 properties listed for sale, and no properties listed for rent in Blakehurst on OnTheHouse. According to CoreLogic's data, 87 properties were sold in the past 12 months in Blakehurst.

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Joelle Achi
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Morning Property
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