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289 Canterbury Rd 0.21 Acres of Commercial Land Offered at $5,110,600 CAD in Canterbury, NSW 2193
Investment Highlights
- DA approved for 23 luxury apartments and 2 large commercial spaces.
- Zoned B5 Enterprise Corridor – strong mixed-use potential.
- Rear access and separate designated visitor parking area.
- Approx. 836 m² level site with direct street frontage.
- Located 550 m from Canterbury Train Station and close to all amenities.
- Situated in a high-growth residential and commercial corridor.
Executive Summary
The property occupies an approx. 836 m² level site with direct street frontage and rear access, providing design flexibility and ease of construction. The DA approval allows for a high-quality residential and commercial development in a rapidly growing precinct, supported by strong demand for housing and retail services.
Price: Contact Agent
Land Area: Approx. 836 m² - 2 parcels adjacent and sold together
Zoning: B5 Enterprise Corridor
Approval: DA Approved for 23 apartments + 2 commercial spaces
Access: Rear lane access + designated visitor parking
Status: For Sale
Income: Residential Property $1200 net rental rate per week; Vacant Hardstand $1000 net rental rate per month
Property Facts
| Price | $5,110,600 CAD | Property Type | Land |
| Sale Type | Investment | Property Subtype | Commercial |
| No. Lots | 1 | Total Lot Size | 0.21 AC |
| Price | $5,110,600 CAD |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Total Lot Size | 0.21 AC |
1 Lot Available
Lot
| Price | $5,110,600 CAD | Lot Size | 0.21 AC |
| Price Per AC | $24,738,004.02 CAD |
| Price | $5,110,600 CAD |
| Price Per AC | $24,738,004.02 CAD |
| Lot Size | 0.21 AC |
A rare DA-approved development opportunity in the heart of Canterbury, this property offers an outstanding chance to deliver a mixed-use project comprising 23 luxury apartments and 2 large commercial spaces.
Description
The property comprises a prime development site in Canterbury’s rapidly evolving urban corridor. Its strategic location along Canterbury Road ensures strong visibility and accessibility, while proximity to transport infrastructure, retail, and lifestyle amenities enhances its appeal for future residents and businesses. The DA approval for a mixed-use scheme positions this site as a highly desirable acquisition for developers seeking a ready-to-build project in one of Sydney’s most active growth areas.
Presented by
289 Canterbury Rd
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