FOR SALE
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1-7 Elvina Street
Greystanes NSW 2145

Bedrooms: -
Bathrooms: -
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Land area: 742m2
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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.
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Property Details for 1-7 Elvina St, Greystanes

Building Type
Land
Land Size
742m2

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About Greystanes 2145

The size of Greystanes is approximately 8.9 square kilometres. It has 54 parks covering nearly 21.8% of total area. The population of Greystanes in 2011 was 21,702 people. By 2016 the population was 22,785 showing a population growth of 5.0% in the area during that time. The predominant age group in Greystanes is 0-9 years. Households in Greystanes are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Greystanes work in a clerical occupation. In 2011, 81.1% of the homes in Greystanes were owner-occupied compared with 79.4% in 2016.

Greystanes has 8,392 properties. Over the last 5 years, Houses in Greystanes have seen a 74.78% increase in median value, while Units have seen a 28.03% increase. As at 31 October 2024:

  • The median value for Houses in Greystanes is $1,350,350 while the median value for Units is $733,655.
  • Houses have a median rent of $740 while Units have a median rent of $590.
There are currently 44 properties listed for sale, and 26 properties listed for rent in Greystanes on OnTheHouse. According to CoreLogic's data, 348 properties were sold in the past 12 months in Greystanes.

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Azeem Sarwar
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