1–7 Elvina Street, Greystanes presents a shovel-ready project comprising 7 boutique residential apartments and 2 retail/commercial shops, allowing developers and investors to move straight into construction without the time, holding costs and uncertainty of the approval process.With Sydney continuing to face strong housing demand and quality retail space becoming increasingly limited throughout Greystanes, this is the type of project perfectly positioned to capitalise on both strong rental returns and long-term capital growth.Key highlights include:• DA & CC approved development - ready to commence• Approx. 742.8sqm landholding• Approx. 699.7sqm gross building area• 7 residential apartments + 2 retail/commercial shops• Multiple income streams with strong future rental potential• Rare mixed-use offering within Greystanes• Excellent opportunity for developers, builders and long-term investors• Positioned within a growing and highly demanded local marketProjects of this nature are becoming increasingly difficult to secure, especially within tightly held suburbs like Greystanes where supply remains limited and demand continues to grow.Whether you are looking to develop immediately, expand your portfolio or secure a premium long-term investment with serious upside, this is an opportunity not to be missed.For further information, approved plans or to arrange a private meeting, please get in touch.
The size of Greystanes is approximately 8.9 square kilometres. There are 54 parks, covering nearly 21.8% of the total area. The population of Greystanes in 2016 was 22802 people. By 2021 the population was 23511 showing a population growth of 3.1% in the area during that time. The predominant age group in Greystanes is 40-49 years. Households in Greystanes are primarily couples with children and are likely to be repaying $3000 - $3999 per month on mortgage repayments. In general, people in Greystanes work in a professional occupation.In 2021, 76.90% of the homes in Greystanes were owner-occupied compared with 79.40% in 2016.
Greystanes has 8,486 properties. Over the last 5 years, Houses in Greystanes have seen a 46.22% increase in median value, while Units have seen a 21.30% increase. As at 30 June 2026:
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