491 Marrickville Road
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About this property
DA-approved development site in the heart of Dulwich Hill - one of the Inner West's most tightly held and evolving lifestyle precincts. Key Highlights: Current opportunity : Existing mixed-use asset with a ground floor retail shop and a spacious 3-bedroom residence above. DA Approval: Development approval in place for a mixed-use build consisting of: • 5 New Age Boarding Studios - total 188.95 Sqm • 1 x Ground Floor Retail Tenancy (97 sqm) • Total GFA: 285.95 sqm Income Potential (Upon Completion): • Projected gross annual rental income: $300,000 p.a. • A desirable mix of residential and commercial tenancies • Flexible build-to-rent model to suit investors seeking strong cashflow with long-term capital growth Location: • Located in a thriving village setting with excellent transport connections, strong local demand for quality rental stock, and increasing population growth. Summary: Opportunities like this are rarely offered and highly sought-after. With DA approvals already in place, this is a prime "build and Rent " project ideal for savvy investors or developers looking to secure a high-yielding asset in a proven growth corridor.
Property Details
- Property Type
- land
- Listing Type
- For Sale
- Bedrooms
- 2
- Bathrooms
- 1
- Parking
- 2
- Land Area
- 151 m²
- Listed
- 3 months ago
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Neighbourhood
Living in Dulwich Hill
This 2-bedroom land in Dulwich Hill, NSW 2203 sits within reach of public transport, local shops and nearby schools. It is listed 133% above the $900,000 median of 54 comparable landswithin 5 km.
Schools near Dulwich Hill
- Dulwich Hill Public Schoolprimary · K-6 · CoEd
- St Paul of the Cross Catholic Primary Schoolprimary · K-6 · CoEd
- Dulwich High School of Visual Arts and Designsecondary · 7-12 · CoEd
What's nearby
- Dulwich Hill Shops, Marrickville Rd (bus) — 37 m away
- Sydney Tools — 92 m away
- Mallam Reserve — 101 m away
- Unnamed — 122 m away
- Graeme Green — 208 m away
Dulwich Hill at a glance
Full suburb profile- Population
- 14,046
- Median age
- 38
- Household income
- $2,095/wk
- Median rent
- $470/wk
- Median mortgage
- $2,500/mo
Source: ABS Census.
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Suburb market
Suburb price trend
Dulwich Hill price trend
Median sold · House 2 bed
Compound growth +3.1% / yr over 4 yrs
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Full Dulwich Hill marketThis listing
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Price history
Listing price changes
1 price change recorded for this property
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