138 Bridge Street & 5 Eos Place, SchofieldsEOI CLOSES - 3pm Friday 16th OctoberUrban Real Estate is pleased to present an exceptional infill residential development opportunity in one of North-West Sydney's most established and highly sought-after growth locations.Comprising approximately 5,737sqm, the property benefits from an advanced approval position and is effectively shovel ready, offering developers the opportunity to move quickly toward construction.The approved development comprises a total of 23 dwellings, including 12 Torrens Title residential lots with dwelling construction together with 11 townhouses positioned over a superlot.With demolition and tree removal already completed, Sydney Water approval secured and Roads Development Approval progressing toward finalisation, much of the initial development and approval risk has already been addressed.Key Development Highlights: Substantial 5,737sqm infill development site Zoned R2 Low Density Residential Development Application approved Approved for a total of 23 dwellings 12 Torrens Title lots with dwelling construction 11 townhouses over a superlot Sydney Water Corporation approval secured Roads Development Approval imminent Demolition completed Tree removal completed Shovel-ready development opportunity Directly opposite established parkland Walking distance to Schofields Train Station Positioned within an established residential precinct with strong owner-occupier and investor demand Comprehensive Due Diligence information available to qualified purchasersThe property represents an opportunity to acquire a highly progressed residential project within a tightly held Schofields location, where significant preliminary work has already been completed.Title: Lot 2 DP810645 & Lot 4 DP252965Site Area: Approximately 5,737sqmZoning: R2 Low Density ResidentialDevelopment: 23 DwellingsApproval Status: DA Approved | SWC Approved | RDA Approval ImminentSite Status: Demolition & Tree Removal Complete | Shovel ReadyFurther information, approved plans and supporting Due Diligence documentation are available to interested parties.Local Area Amenity:Positioned in the heart of Schofields, the property enjoys an excellent location within one of North-West Sydney's most established and well-connected residential precincts.A major advantage of the site is its proximity to public transport, with Schofields Train Station within walking distance, providing convenient connections to surrounding employment centers and the broader Sydney rail network.The property also sits directly opposite parkland, providing an attractive outlook and important recreational amenity for future residents.The location benefits from convenient access to: Schofields Train Station Local parks and recreational facilities Schofields Village and surrounding retail amenity Tallawong Metro Station Rouse Hill Town Centre Local primary and secondary schools Childcare facilities Windsor Road Richmond Road Major North-West Sydney employment and residential precinctsWith Schofields continuing to benefit from population growth, infrastructure investment and strong demand for new housing, 138 Bridge Street & 5 Eos Place represents a well-positioned and substantially de-risked development opportunity in a highly accessible location.All interested parties should undertake their own enquiries and due diligence in relation to approvals, servicing, development potential, dimensions, zoning and all other matters relating to the property.Disclaimer: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. Images & Furnishing are for illustrative purposes only and do not represent the final product or finishes. For inclusions refer to the inclusions in the contract of sale. Areas are approximate. All parties are advised to seek full independent legal and professional advice and investigations and or STCA prior to any action or decision.** Mortgagee in Possession Sale **
The size of Schofields is approximately 10.2 square kilometres. There are 16 parks, covering nearly 5.5% of the total area. The population of Schofields in 2016 was 4983 people. By 2021 the population was 15213 showing a population growth of 205.3% in the area during that time. The predominant age group in Schofields is 30-39 years. Households in Schofields are primarily couples with children and are likely to be repaying $2400 - $2999 per month on mortgage repayments. In general, people in Schofields work in a professional occupation.In 2021, 66.80% of the homes in Schofields were owner-occupied compared with 71.70% in 2016.
Schofields has 12,551 properties.
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