Prime Development Opportunity in Lilyfield
Address: 364 Norton Street, Lilyfield, NSW
Property Overview:
Key Features:
• Land Size: Approximately 306m²
• Development Potential: Draft Designed for 2 apartments, 1 townhouse, and 1 commercial shop ( Subject to DA or CDC approval).
• Current Structure: Wide-frontage commercial building with:
• Ground-floor open-plan showroom with kitchenette facilities.
• High-clearance warehouse with mezzanine and under-house storage.
• Upstairs office with high ceilings, reception, open-plan workspace, and two directors’ rooms.
• Bathroom with shower amenities.
• Prime Location: Short stroll to Leichhardt’s vibrant shops and cafes.
• Lease Details: Tenanted until 02/01/2025, offering flexibility for investors and future owner-occupiers.
Contact Details:
For further information or to arrange an inspection, please contact Jeffrey Lei 0405 888 800.
The size of Lilyfield is approximately 2.2 square kilometres. It has 17 parks covering nearly 9.9% of total area. The population of Lilyfield in 2016 was 7616 people. By 2021 the population was 7641 showing a population growth of 0.3% in the area during that time. The predominant age group in Lilyfield is 40-49 years. Households in Lilyfield are primarily couples with children and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Lilyfield work in a professional occupation.In 2021, 62.60% of the homes in Lilyfield were owner-occupied compared with 60.90% in 2016.
Lilyfield has 4,406 properties. Over the last 5 years, Houses in Lilyfield have seen a 45.64% increase in median value, while Units have seen a 45.29% increase. As at 30 November 2025:
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