Lot 22 Knox St, Pendle Hill, NSW 2145 | Land for sale | OnTheHouse
FOR SALE
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Lot 22 Knox Street
Pendle Hill NSW 2145

Bedrooms: 5
Bathrooms: 2
Car spaces: 2
Land area: 952m2
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DA Approved 4-Dwelling Development | Dual Income | Positive Cashflow + Capital Growth

Nirvana Estate Agents proudly presents a rare, DA-approved 4-dwelling opportunity combining premium design, exceptional rental yield and long-term growth - a blueprint for investors looking to secure both immediate cashflow and future capital appreciation in one of Sydney's fastest-rising locations.
Set on a generous 952SQM parcel, this project comes with full Development Approval for 2 architecturally designed Torrens title homes plus 2 x 2-bedroom granny flats - creating a four-income-stream asset that's virtually impossible to find in the current Sydney market.
When completed, the development is forecast to return $3,300–$3,500 per week (approx. $171,600 per annum based on 2027 projections), delivering positive cashflow from day one with the added benefit of strong depreciation and steady capital growth averaging 5-7% per year.
Property & Investment Highlights
DA Approved for 4 dwellings: 2 luxury homes + 2 x 2-bedroom granny flats
Forecasted Rent (2027):
• 2 Houses (5-bed equivalent): $1,050 – $1,100 per week each
• 2 Granny Flats: $600 – $650 per week each
• Total Income Potential: $3,300 – $3,500 per week
Flexible Staging Option: Build and lease rear granny flats first while planning/funding the front houses.
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Property Details for Lot 22 Knox St, Pendle Hill

Building Type
Land
Land Size
952m2
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About Pendle Hill 2145

The size of Pendle Hill is approximately 2.0 square kilometres. It has 10 parks covering nearly 2.2% of total area. The population of Pendle Hill in 2016 was 7247 people. By 2021 the population was 7743 showing a population growth of 6.8% in the area during that time. The predominant age group in Pendle Hill is 30-39 years. Households in Pendle Hill are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Pendle Hill work in a professional occupation.In 2021, 47.60% of the homes in Pendle Hill were owner-occupied compared with 49.50% in 2016.

Pendle Hill has 3,325 properties. Over the last 5 years, Houses in Pendle Hill have seen a 66.84% increase in median value, while Units have seen a 11.10% increase. As at 30 November 2025:

  • The median value for Houses in Pendle Hill is $1,468,689 while the median value for Units is $574,128.
  • Houses have a median rent of $650 while Units have a median rent of $580.
There are currently 15 properties listed for sale, and 13 properties listed for rent in Pendle hill on OnTheHouse. According to Cotality's data, 114 properties were sold in the past 12 months in Pendle hill.

Suburb Insights for Pendle Hill 2145

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Satya Ranyal
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Hardii Ranyal
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Nirvana Estate Agents Pty Ltd
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Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.