35-39 Marion Street
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About this property
Phone Enquiry ID: 234928 Positioned in the heart of Bankstown, this exceptional R4 high-density residential site presents a rare opportunity to secure a large-scale development parcel in one of Sydney's fastest-growing urban corridors. Comprising three existing residences on a substantial 1,682m² landholding, the property offers significant redevelopment potential with favourable planning controls and strong underlying fundamentals (STCA). With an expansive approximate 51m frontage, the site provides outstanding design flexibility and efficiency for future development. Key planning parameters include: - R4 High Density Residential zoning - Site area: 1,682m² (approx.) - Frontage: ~51m (approx.) - Height limit: 23m ( 7 storeys)* - Floor Space Ratio (FSR): 2.3:1 - Potential Gross Floor Area: ~3,823m²* These controls present the potential for a substantial multi-storey residential development in a location undergoing significant transformation (STCA). Positioned within close proximity to Bankstown CBD, the site benefits from strong connectivity via nearby bus routes and access to the Bankstown rail line, soon to be enhanced by the Sydney Metro upgrade. The property is also within established school catchments and surrounded by key local amenities, supporting strong future residential demand. Whether you are looking to develop immediately or landbank for future growth, this is a strategic acquisition offering scale, flexibility, and long-term upside in a tightly held precinct. The property currently comprises three residences, offering potential holding income prior to redevelopment. All figures are approximate and all development potential is subject to council approval (STCA). Buyers are encouraged to conduct their own due diligence.
Property Details
- Property Type
- house
- Listing Type
- For Sale
- Bedrooms
- 6
- Bathrooms
- 3
- Parking
- 3
- Land Area
- 1682 m²
- Listed
- 3 months ago
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Neighbourhood
Living in Bankstown
This 6-bedroom house in Bankstown, NSW 2200 sits within reach of public transport, local shops and nearby schools. It is listed 868% above the $619,950 median of 60 comparable houseswithin 5 km.
Schools near Bankstown
- Bankstown Hospital Schoolcombined
- St Euphemia Collegecombined · K-12 · CoEd
- Al Amanah College, Bankstown campusprimary
- Bankstown North Public Schoolprimary · K-6 · CoEd
- Bankstown Public Schoolprimary · K-6 · CoEd
- Bankstown South Infants Schoolprimary · P-2 · CoEd
What's nearby
- Rickard Rd before Kitchener Pde (bus) — 554 m away
- Money Plus — 376 m away
- Eather Reserve — 102 m away
- Unnamed — 281 m away
- Unnamed — 363 m away
Bankstown at a glance
Full suburb profile- Population
- 34,933
- Median age
- 34
- Household income
- $1,331/wk
- Median rent
- $400/wk
- Median mortgage
- $1,800/mo
Source: ABS Census.
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Suburb market
Suburb price trend
Bankstown price trend
Median sold · House 3 bed
Compound growth +5.7% / yr over 4 yrs
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Price history
Listing price changes
1 price change recorded for this property
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