FOR SALE
$4,700,000 - $4,800,000

189-191 Victoria Street
Smithfield NSW 2164

Bedrooms: 10
Bathrooms: 4
Car spaces: -
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Prime Development Opportunity 3 Options, at 189-191 Victoria Street, Smithfield

Presenting a rare opportunity to secure a substantial parcel of land at 189-191 Victoria Street, Smithfield. Spanning across a generous land size of 4,045sqm, this versatile property offers incredible potential for development, investment, or creating your dream project (subject to council approval). Additionally, the property offers easy access to major roads, schools, shopping centers, and public transport, ensuring convenience and growth potential in the thriving Smithfield area.
Option 1: Presents a raw site comprising 8 lots, offering a substantial land size of 4,045 sqm with a wide frontage of 40.23 meters. This expansive parcel provides an excellent opportunity for development, subject to council approval (STCA), making it an attractive option for investors or developers looking to unlock its potential.
Option 2: Offers a DA-approved site for the development of 21 townhouses, with the potential to build and lease under the NDIS scheme. This lucrative opportunity is projected to generate rental income of approximately $1.2 million per annum, making it an attractive investment for those seeking a high-yielding property with long-term growth prospects.
Option 3: Features two properties on a substantial 4,045 sqm of land, offering four separate income streams. With a potential rental return of approximately $100,000 per year, this opportunity provides solid investment potential for those seeking reliable, multi-income real estate in a prime location.
Close By:
• Stockland Wetherill Park
• Neeta Shopping Centre
• Fairfield Station
• Smithfield RSL
• Fin Aquatics Recreational Centre
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Property Details for 189-191 Victoria St, Smithfield

189-191 Victoria St, Smithfield is a 10 bedroom, 4 bathroom House. The place is currently for sale with Ray White Canley Heights.

Building Type
House

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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 5,860 properties. Over the last 5 years, Houses in Smithfield have seen a 75.65% increase in median value, while Units have seen a 38.69% increase. As at 31 October 2024:

  • The median value for Houses in Smithfield is $1,166,847 while the median value for Units is $783,100.
  • Houses have a median rent of $630 while Units have a median rent of $530.
There are currently 26 properties listed for sale, and 39 properties listed for rent in Smithfield on OnTheHouse. According to CoreLogic's data, 210 properties were sold in the past 12 months in Smithfield.

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Phong Nguyen
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