Marsfield32 Busaco Road

R4 High density zoning, 854sqm development site

Key Property Summary

Approx. 15mins walk to Macquarie University this under-capitalised plot of land is perfect for high density redevelopment such as units, townhouses or a 'New Generation' boarding house/ student accommodation (Subject to council approval).

The current 4 bedroom, 2 bathroom home with double lock-up garage and in-ground pool is current leased but the property can be sold subject to existing tenancies or vacant possession.



Key development Highlights

R4 High Density residential zoning
Floor to space ratio 1:1
Site area (approx.) 854sqm
Max Building height: 9.5 metres



The hidden potential

Bonus FSR of 0.5:1 under AHSEPP (Total FSR of 1.5:1 on the site after the bonus is applied yields a GFA 1,281sqm)

For more information, visit the NSW government website via the link below:

https://www.facs.nsw.gov.au/providers/housing/affordable/develop/chapters/floor-space-incentives

Land tax exemption also available for boarding house developments.


Note: Only external viewings of the property are available during the open home times, inspections of internal areas are subject to tenants availability.

Auction 14th Dec, 11.30am

Leon Chan

Leon Chan

P: 02 9817 8770

M: 0404 881 309

F: 0298174439

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Bryan Yu

Bryan Yu

P: 02 9817 8770

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