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779 Punchbowl Rd 0.12 Acres of Commercial Land Offered at $2,116,224 CAD in PUNCHBOWL, NSW 2196
Investment Highlights
- Land parcel of 479 m² located within the Canterbury-Bankstown local government area.
- Current planning allows 12-meter height and 2:1 FSR, with a proposed uplift to 24 meters and 2.5:1 FSR under Transit Oriented Development.
- Close to Punchbowl Station, local schools, and retail services for strong connectivity and amenities.
- Zoned for Local Centre and shop-top housing with potential for increased development controls.
- Positioned along Punchbowl Road with convenient rear lane access.
Executive Summary
The property benefits from a current planning control of 12 meters in height and an FSR of 2:1, with a proposed uplift to 24 meters and an FSR of 2.5:1 under the Transit Oriented Development (TOD) prospect. This potential increase significantly enhances the development capacity and long-term value of the site.
Located within the Canterbury-Bankstown LGA, the property is surrounded by established amenities, schools, and public transport options, including Punchbowl Station, ensuring strong connectivity to Sydney CBD and surrounding suburbs. The area continues to experience growth, driven by infrastructure investment and urban renewal initiatives, making this an attractive proposition for developers and investors seeking to capitalize on a high-demand corridor.
Property Facts
| Price | $2,116,224 CAD | Property Type | Land |
| Sale Type | Investment | Property Subtype | Commercial |
| Sale Condition | Redevelopment Project | Proposed Use | Multifamily |
| No. Lots | 1 | Total Lot Size | 0.12 AC |
| Price | $2,116,224 CAD |
| Sale Type | Investment |
| Sale Condition | Redevelopment Project |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | Multifamily |
| Total Lot Size | 0.12 AC |
1 Lot Available
Lot
| Price | $2,116,224 CAD | Lot Size | 0.12 AC |
| Price Per AC | $17,878,794.68 CAD |
| Price | $2,116,224 CAD |
| Price Per AC | $17,878,794.68 CAD |
| Lot Size | 0.12 AC |
This land lot of 479.2 m2 has a width of 12.751m by 41.097m. Positioned on Punchbowl Road with 12m frontage. It has existing planning controls of 12 meters in height and a floor space ratio of 2:1, with a proposed increase to 24 meters and 2.5:1 FSR.
Description
779 Punchbowl Road comprises a 479 m² land parcel situated in Punchbowl, NSW, within the Canterbury-Bankstown local government area. The site is currently zoned for Local Centre and shop-top housing purposes, with existing planning controls allowing a building height of 12 meters and a floor space ratio (FSR) of 2:1. A proposed Transit Oriented Development framework seeks to increase these controls to 24 meters in height and an FSR of 2.5:1. The property benefits from frontage along Punchbowl Road, rear lane access, and close proximity to public transport options, including Punchbowl Station, as well as nearby schools and retail amenities.
Presented by
779 Punchbowl Rd
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