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1 James Street
Blakehurst NSW 2221

Bedrooms: 10
Bathrooms: 4
Car spaces: 2
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, 3 and 5 James Street, Blakehurst is within an active purchaser market with strong population growth and rental demand.
1, 3 and 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 James St, Blakehurst

1 James St, Blakehurst is a 10 bedroom, 4 bathroom House with 2 parking spaces. The property has a land size of 1365m2. The place is currently for sale with Morning Property .

Building Type
House
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 2,732 properties. Over the last 5 years, Houses in Blakehurst have seen a 44.60% increase in median value, while Units have seen a 29.20% increase. As at 31 October 2024:

  • The median value for Houses in Blakehurst is $2,320,347 while the median value for Units is $1,045,554.
  • Houses have a median rent of $1,100 while Units have a median rent of $800.
There are currently 22 properties listed for sale, and 1 property listed for rent in Blakehurst on OnTheHouse. According to CoreLogic's data, 92 properties were sold in the past 12 months in Blakehurst.

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Joelle Achi
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