154 Lancaster Ave, Melrose Park is a 1 bedroom, 1 bathroom House. The property has a land size of 1854m2.
Presenting an exceptionally rare waterfront opportunity in one of Melrose Park's most sought-after riverside positions, offering two separate premium blocks, each with CDC approval for the construction of a luxury new home.
Opportunities of this calibre are rarely offered to the market, particularly with CDC approval already in place. Set along the Parramatta River, each parcel provides an outstanding opportunity to create a brand-new luxury residence enjoying beautiful water views and an enviable riverside lifestyle.
Two Separate Blocks Available:
Each block is available separately, providing the rare flexibility to secure one premium waterfront parcel or acquire both.
Why This Opportunity Is So Rare:
-Rarely available waterfront land in a tightly held Melrose Park position
-Two separate substantial blocks, each available individually
-Each block has CDC approval for a luxury new home
-Beautiful Parramatta River and water views
-Premium waterfront setting
-Opportunity to build a brand-new luxury residence with CDC approval already in place
-Peaceful and private position
-Surrounded by quality homes and an exciting new residential and lifestyle precinct
-Exceptional potential to create a prestigious waterfront family home
Outstanding Lifestyle Location
-Walking distance to the new Melrose Park shopping precinct
-Walking distance to Meadowbank Ferry Wharf & Meadowbank train station
-Moments from the Parramatta River foreshore and Waters Edge, ideal for walking, cycling and recreation
-Close to boat ramps, perfect for boating and water enthusiasts
-Easy access to Meadowbank Park, sporting facilities, parks and walking tracks
-Convenient to West Ryde and Top Ryde shopping precincts
-Close to reputable local schools and everyday amenities
-Excellent connectivity to Parramatta, Sydney CBD and surrounding suburbs
A Truly Exceptional Offering
Rare waterfront land. Beautiful water views. Two separate blocks. Two CDC-approved luxury homes.
Opportunities combining waterfront positioning, substantial land, water views, CDC approval and an outstanding lifestyle location are exceptionally difficult to find.
Whether purchasing one parcel or securing both, this is a rare opportunity to create a truly exceptional waterfront residence in a rapidly evolving and highly desirable part of Melrose Park.
"All information contained herein is gathered from sources we deem to be reliable. However, we cannot guarantee its accuracy and interested persons should rely on their own enquiries."
The size of Melrose Park is approximately 1.0 square kilometres. There are 7 parks, covering nearly 14.5% of the total area. The population of Melrose Park in 2016 was 1574 people. By 2021 the population was 2059 showing a population growth of 30.8% in the area during that time. The predominant age group in Melrose Park is 30-39 years. Households in Melrose Park are primarily couples with children and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Melrose Park work in a professional occupation.In 2021, 70.10% of the homes in Melrose Park were owner-occupied compared with 84.40% in 2016.
Melrose Park has 2,534 properties. Over the last 5 years, Houses in Melrose Park have seen a 23.14% increase in median value, while Units have seen a -4.96% decrease. As at 31 July 2026:
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