FOR SALE
Expressions of Interest

Part Of Lot 8/Dp2706 Main Avenue
Lidcombe NSW 2141

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 1172m2
Land area: 2129m2
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3 Residential Conversion Opportunities

On behalf of Frasers Property Australia, RWC Western Sydney is pleased to present Main Avenue, Lidcombe for sale via Expressions of Interest.
Representing a unique opportunity to secure three (3) heritage dwellings that forms a part of the brand new Mews development. Currently DA approved for 8 dwellings (4 proposed as strata title homes and 4 duplex homes) via the adaptive reuse of the former Nurses Quarters within the award winning Botanica Estate. The properties are offered in-one-line or separately.
This versatile R3 opportunity is ripe for development, presenting astute developers with the opportunity to capitalise on NSW's ongoing housing shortage.
Additional Highlights of the Property:
• Zoned R3 Medium Density Residential
• Combined Approved GFA of 1,172 sqm*
• Combined Existing GFA of 1,300 sqm
• Take advantage of the DA approval or conduct your own residential conversion
• Potential uses include boarding houses, centre-based child care facilities, dual occupancies, multi-dwelling housing and seniors housing
• Potential for Luxury Residential, leveraging abundance of surrounding amenities including schools, sporting facilities and transport
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Property Details for Part Of Lot 8/Dp2706 Main Ave, Lidcombe

Building Type
Commercial
Floor Size
1172m2
Land Size
2129m2

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About Lidcombe 2141

The size of Lidcombe is approximately 6.8 square kilometres. It has 30 parks covering nearly 6.9% of total area. The population of Lidcombe in 2011 was 16,670 people. By 2016 the population was 19,605 showing a population growth of 17.6% in the area during that time. The predominant age group in Lidcombe is 20-29 years. Households in Lidcombe are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Lidcombe work in a professional occupation. In 2011, 62.6% of the homes in Lidcombe were owner-occupied compared with 55.9% in 2016.

Lidcombe has 11,232 properties. Over the last 5 years, Houses in Lidcombe have seen a 68.81% increase in median value, while Units have seen a 14.76% increase. As at 30 September 2024:

  • The median value for Houses in Lidcombe is $1,612,857 while the median value for Units is $746,727.
  • Houses have a median rent of $750 while Units have a median rent of $700.
There are currently 50 properties listed for sale, and 30 properties listed for rent in Lidcombe on OnTheHouse. According to CoreLogic's data, 599 properties were sold in the past 12 months in Lidcombe.

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Victor Sheu
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