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16 Pitt Street

Concord, NSW 2137, Australia
Auction
5 bed 2 bath 3 car607m²

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About this property

Occupying a commanding elevated position at the top of the hill in one of Concord's most prestigious and tightly held pockets, this exceptional 607sqm landholding enjoys sweeping views across the district to Centrepoint Tower, the Sydney CBD skyline and Burwood CBD. Directly opposite picturesque parklands and benefiting from valuable rear lane access via Patterson Lane, the property presents a rare opportunity to secure a site with significantly more upside than a typical Concord building block. The existing residence is a substantial five-bedroom family home with two bathrooms, offering comfortable liveability whilst future plans are considered. Generous proportions throughout provide ample accommodation for a large family, whilst the home also offers excellent scope for a cosmetic renovation. What truly separates this property from the competition, however, is its remarkable future potential. With no heritage restrictions affecting the site, buyers have the opportunity to pursue future development via CDC approval through a private certifier, avoiding the lengthy delays and uncertainty often associated with a traditional DA process through council. Whether your vision is a luxury family estate, high-end duplex development or long-term investment strategy, the site's unique attributes provide flexibility rarely found in the Concord market. The rear lane access is particularly valuable, creating the opportunity to construct substantial garaging without the significant expense of excavating and constructing a basement. Buyers may explore the potential for four to five car garaging accessed from Patterson Lane with studio accommodation above, creating the ultimate home office, guest quarters, teenager's retreat, in-law accommodation or income-producing secondary residence. Developers will immediately recognise the advantages of the established front building alignment along Pitt Street. Future improvements can potentially be positioned significantly closer to the front boundary than many surrounding streets, maximising both the building envelope and backyard space whilst preserving and enhancing the spectacular parkland and city views. For duplex developers, the possibilities become even more compelling, with the potential to create premium residences benefiting from rear lane access, oversized garaging and studio accommodation above. The opportunity may exist to create multiple separately occupiable spaces, delivering exceptional flexibility and long-term investment appeal. Additional features include: Elevated position with views to Centrepoint Tower, the Sydney CBD skyline and Burwood CBD Prestigious parkside location opposite open green space 607sqm parcel with valuable rear lane access via Patterson Lane No heritage restrictions and views from front and rear Potential CDC development pathway via private certifier (STCA) Large five-bedroom home with two bathrooms Double carport accessed from the rear lane Exceptional building envelope advantages Ideal luxury home or duplex development site Walk to Majors Bay Road cafés, restaurants and village shops Easy access to North Strathfield Station and the future Metro Opportunities combining elevation, views, rear lane access, CDC development potential and a blue-chip Concord address are exceptionally rare. Secure one of the suburb's most versatile and compelling landholdings and unlock its enormous future potential.

Property Features

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    Repayment calculator

    $9,211/month
    $4,606 /fortnight
    Loan $1,520,000 at 6.10% over 30 years

    Price estimated from comparable nearby — edit below to use your own number

    Upfront costs

    Deposit$380,000
    Stamp duty$84,724
    Conveyancing (est.)$2,000
    Total upfront$466,724
    Verify with NSW revenue office →
    Indicative figures only — not a quote. Real loan offers depend on the lender; duty depends on contract terms and applicable concessions.

    Property Details

    Property Type
    house
    Listing Type
    For Sale
    Bedrooms
    5
    Bathrooms
    2
    Parking
    3
    Land Area
    607m²
    Listed
    Today

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