OFF MARKET

29 Evans Road
Telopea NSW 2117

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Land area: 328m2
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Property Details for 29 Evans Rd, Telopea

29 Evans Rd, Telopea is a 3 bedroom, 1 bathroom House with 1 parking spaces. The property has a land size of 328m2. While the property is not currently for sale or for rent, it was last sold in February 2021.

Building Type
House
Land Size
328m2
Local Government
City Of Parramatta
Lot/Plan
1/DP1270997

Last Listing description (January 2023)

Professionals Ermington are excited to present this rare and unique opportunity to the market! Development approval has been attained to transform this blank canvas into a masterpiece. The DA allows for the construction and Torrens Title subdivision for 2 x 4 bedroom duplexes.

This site has the potential to be one of the safest, profitable and secure opportunities we have seen in a while, as the approval allows for a number of flexible investment scenarios.

In addition to the DA approval, the property will be rezoned to R3 (medium density) under the new Telopea Master Plan. Why not secure this rare opportunity to either knock down and build the duplexes today or invest and wait for rezoning to take place which will allow you to build townhouses (subject to council approval).

Centrally located and interconnected by a variety of transport networks that allow unbelievably easy access to the City of Sydney, Ryde and Parramatta and just moments from Telopea Market Place, Carlingford Court, Ermington and Eastwood, just to name a few.

Key Features:
- Wide and cleared 696m2 block with over 19m frontage
- DA approved for 2 x 4 bedroom duplex homes with Torrens Title subdivision
- Fencing is up and ready to build the duplexes
- Telopea Master Plan Proposal: R3 Townhouses (1-2 storeys)
- Stormwater drainage approved
- Close to Telopea & Carlingford train stations, schools, and bus services to Macquarie, Carlingford, Eastwood & Chatswood
- Close to Telopea shops, Parramatta CBD, Eastwood and Carlingford Court

Call Ahmad Malas on 0420 880 510 to request a copy of the plans today!

Property History for 29 Evans Rd, Telopea, NSW 2117

A timeline of how this property has performed in the market
Last Sold
$1,100,000
22 Feb 2021
  • 06 Apr 2022
    Listed for Sale SOLD prior to Auction!
  • 22 Feb 2021
    Sold for $1,100,000

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About Telopea 2117

The size of Telopea is approximately 1.5 square kilometres. It has 13 parks covering nearly 16.2% of total area. The population of Telopea in 2011 was 5,176 people. By 2016 the population was 5,445 showing a population growth of 5.2% in the area during that time. The predominant age group in Telopea is 30-39 years. Households in Telopea are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Telopea work in a professional occupation. In 2011, 54.8% of the homes in Telopea were owner-occupied compared with 48.4% in 2016.

Telopea has 2,674 properties. Over the last 5 years, Houses in Telopea have seen a 60.69% increase in median value, while Units have seen a 23.53% increase. As at 31 July 2024:

  • The median value for Houses in Telopea is $1,878,055 while the median value for Units is $702,399.
  • Houses have a median rent of $720 while Units have a median rent of $620.
There are currently 9 properties listed for sale, and 7 properties listed for rent in Telopea on OnTheHouse. According to CoreLogic's data, 131 properties were sold in the past 12 months in Telopea.

Suburb Insights for Telopea 2117

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Disclaimer
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.