FOR SALE
For Sale

189 - 191 Victoria Street
Smithfield NSW 2164

Bedrooms: 10
Bathrooms: 6
Car spaces: 5
Land area: 4045m2
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Unlock High Returns in Smithfield's 4045sqm Opportunity Zone

Exciting opportunity awaits to acquire a meticulously planned development site with DA approval for 21 self-contained dwellings catered specifically for seniors and disabled individuals. Strategically located within the vibrant Fairfield Council LGA of Smithfield, this property offers unparalleled convenience, just moments away from essential amenities such as Stockland Wetherill Park, Smithfield Square Shopping Centre, Smithfield RSL, and Tavern.
Featuring:
:: Zoning: R2 Low Density Residential
:: DA Approved: 21 self-contained dwellings designed for senior and disability living
:: NDIS Certification: Specialized Disability Accommodation (SDA) registration for 15 villas, comprising 10 Robust and 5 SDA Fully Accessible Villas
:: Ample Space: Expansive land area spanning approximately 4,045sqm, offering flexibility for various developments, including childcare facilities and semi-detached dwellings
:: Prime Location: Close proximity to lifestyle essentials such as Stockland Wetherill Park, Neeta Shopping Centre, Fairfield Station, Smithfield RSL, Fin Aquatics Recreational Centre, and Fairfield Hospital
:: Easy Access: Convenient transportation options, including nearby bus services to Parramatta CBD from the corner of Victoria St and Vonn Avenue
Projected Rental Returns:
:: Estimated annual rental income of approximately $1,157,410 for all 21 units, factoring in SDA pricing and market rental returns for non-SDA units.
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Property Details for 189 - 191 Victoria St, Smithfield

189 - 191 Victoria St, Smithfield is a 10 bedroom, 6 bathroom House with 5 parking spaces. The property has a land size of 4045m2. The place is currently for sale with INSTA Property.

Building Type
House
Land Size
4045m2

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About Smithfield 2164

The size of Smithfield is approximately 8.9 square kilometres. It has 25 parks covering nearly 11.5% of total area. The population of Smithfield in 2011 was 11,018 people. By 2016 the population was 11,974 showing a population growth of 8.7% in the area during that time. The predominant age group in Smithfield is 20-29 years. Households in Smithfield are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Smithfield work in a trades occupation. In 2011, 62.2% of the homes in Smithfield were owner-occupied compared with 57.4% in 2016.

Smithfield has 5,827 properties.

    There are currently 26 properties listed for sale, and 16 properties listed for rent in Smithfield on OnTheHouse. According to CoreLogic's data, 205 properties were sold in the past 12 months in Smithfield.

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    Kien Hoang
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    INSTA Property
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    Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.