31 Broadarrow Rd, Narwee is a 4 bedroom, 2 bathroom House with 3 parking spaces and was built in 1950. The property has a land size of 664m2 and floor size of 167m2. While the property is not currently for sale or for rent, it was last sold in March 2024. There are other 4 bedroom House sold in Narwee in the last 12 months.
This exceptional 4 bedroom double brick family home set on an enormous 664m2 R3 ZONED block of land offers a world of opportunity to a wide range of buyers...
The existing 4 bedroom family home is ready to move straight in to and features
* 4 generous bedrooms
CLEAR BLOCK - SEWER LINE IN STREET - HIGH SIDE OF THE STREET
The potential upside of this site revolves around the current State Government Low & Mid Rise Housing proposed changes to the current planning system which is presently on exhibition and proposes a substantial increase in both building height and floor space ratio.
Proposed changes include
* Potential FSR of 3:1 and 21m height limit for residential flat development (subject to approval and development controls not yet published)
* Manor housing
* Multi dwelling housing (townhouses)
* Dual Occupancies (changing minimum frontage from 15m to 12m)
Link to State Government information
www.planning.nsw.gov.au/sites/default/files/2023-12/eie-changes-to-create-low-and-mid-rise-housing.pdf
Note: This is subject to the State Government proceeding with the proposed changes and the development controls which are yet to be released. Purchasers should rely on their own enquiries
For a copy of the State Government proposal please email gavin@robertsharp.com.au and we will forward a copy.
Exceptional location with close proximity to
* 240m walking distance to Narwee Train Station - Easily within Government Planning Proposals for key zones which extends 400m
* Less than 1km to M5 entry on King Georges Road (both east and west bound access)
* Convenient Rail and Road access to the Airport
* Beverly Hills famous Restaurant and Entertainment Strip
* Roselands Centro and Westfield Hurstville Shopping Centres
* A wide range of both Public and Private Schools
* Local parks and outdoor facilities
THIS IS A RARE OPPORTUNITY TO PURCHASE AN R3 PROPERTY AHEAD OF THE PROPOSED STATE GOVERNMENT CHANGES
For further details contact Gavin Sharp on either 9570 5255 or gavin@robertsharp.com.au
The size of Narwee is approximately 1.2 square kilometres. It has 13 parks covering nearly 11.2% of total area. The population of Narwee in 2011 was 4,956 people. By 2016 the population was 5,619 showing a population growth of 13.4% in the area during that time. The predominant age group in Narwee is 30-39 years. Households in Narwee are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Narwee work in a professional occupation. In 2011, 61.1% of the homes in Narwee were owner-occupied compared with 55.1% in 2016.
Narwee has 2,456 properties. Over the last 5 years, Houses in Narwee have seen a 46.81% increase in median value, while Units have seen a 12.44% increase. As at 31 December 2024:
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