56 Asquith St, Silverwater is a 3 bedroom, 1 bathroom House and was built in 1950. The property has a land size of 896m2 and floor size of 115m2. While the property is not currently for sale or for rent, it was last sold in November 2023.
This development approved site in Silverwater is for six townhouses, each with three bedrooms of accommodation over two floors and basement parking/storage. It has been designed to maximise space and comfort for its occupants and to minimise building costs for the developer. It sits directly next to popular Silverwater Square retail and is close to Sydney Olympic Park, Newington Marketplace and has easy access to major roads/M4.
- Development approved, CC 70% complete, near shovel ready
- Surplus to the vendors needs, instructed to sell
- Boutique development with high re-sale demand/excellent rent prospects
- Well location in sought after position away from Silverwater Road
- Close to local schools, parks, transportation and retail hubs
- One of the few affordable development sites available in the area
- Existing classic home is leased to great tenants and provides holding income
Neighbouring development consists a cafe, grocery store, hairdresser, food store, real estate office, pet shop and a massage centre.
Architectural's: ALVARO Architects
For a copy of the approved plans, please contact the selling agents.
The size of Silverwater is approximately 2.7 square kilometres. It has 8 parks covering nearly 3.1% of total area. The population of Silverwater in 2011 was 3,161 people. By 2016 the population was 4,166 showing a population growth of 31.8% in the area during that time. The predominant age group in Silverwater is 30-39 years. Households in Silverwater are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Silverwater work in a professional occupation. In 2011, 53% of the homes in Silverwater were owner-occupied compared with 50% in 2016.
Silverwater has 1,721 properties. Over the last 5 years, Houses in Silverwater have seen a 75.59% increase in median value, while Units have seen a 10.52% increase. As at 31 October 2024:
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