A high-density residential development site positioned just 400 metres from the Carlingford Light Rail Station in Sydney’s tightly held north-west is up for sale.
The 945.97sq m property at 29 Lloyds Avenue in Carlingford is being taken to the market via an Expressions of Interest campaign run by Knight Frank agents Jeff Moxham, Mark Litwin and Hamish Jones on behalf of Ozem Kassem and Ian Nicol of KPT Restructuring as Receivers and Managers Appointed.
The site has R4 High Density Residential zoning, a 27-metre height limit and a 2.3:1 floor space ratio, providing the potential for a range of higher-density residential outcomes including apartments, co-living and boarding houses, subject to approval.
Adjoining landholdings owned by Meriton and Carlingford Uniting Church, the property also provides future consolidation potential for a larger-scale development outcome.
With the Carlingford Light Rail Station on Lloyds Avenue, the site benefits from direct access to the Parramatta Light Rail network, connecting the precinct to Parramatta CBD, the Westmead Health and Innovation Precinct and broader Western Sydney employment centres.
Its location close to retail amenity, including Carlingford Court shopping centre, which is within walking distance, as well as schools and public transport, further enhances its development appeal.
Mr Moxham said the opportunity stood out due to its combination of planning flexibility, transit connectivity and future development potential.
“What makes this development site particularly compelling is its close proximity to established transport infrastructure within one of Sydney’s most desirable residential growth precincts.
“The site’s existing planning controls already support significant density outcomes, while recent planning reforms broaden the range of potential residential development typologies available to purchasers.
“In a market where governments are actively seeking to accelerate housing delivery around transport infrastructure, opportunities that combine strong planning fundamentals with immediate rail connectivity are becoming increasingly sought after.
“The property is also rare in that it presents genuine amalgamation potential with neighbouring landholdings, creating the possibility for a substantially larger development outcome over time, subject to approval.”
Mr Litwin said the broader Carlingford and Parramatta markets continued to benefit from strong population growth, infrastructure investment and housing demand.
“Carlingford has emerged as one of Sydney’s most attractive residential development markets, underpinned by the delivery of the Parramatta Light Rail and its connectivity to major employment, health and education precincts.
“The site’s proximity to Parramatta CBD, Westmead, Macquarie Park and the Sydney Metro network positions it within a corridor that continues to attract substantial public and private investment.
“Sydney’s ongoing housing undersupply, low rental vacancy rates and strong population growth continue to support demand for well-located residential development opportunities such as this.
“We expect the campaign to attract interest from both established apartment developers and groups seeking to capitalise on the growing demand for alternative housing formats including co-living and boarding house developments.”
Carlingford is located approximately 5.7 kilometres from Parramatta CBD and benefits from direct access to the Parramatta Light Rail network, Pennant Hills Road and the M2 Motorway, supporting convenient connectivity across Greater Sydney.
The Expressions of Interest campaign for the property will close at 4pm (AEST) on Thursday, September 10.
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