An outstanding development opportunity with DA approval granted by Cumberland City Council on 9 October 2025 for a 30-room co-living development with parking for six vehicles.
Key development details:
645sqm landholding
R4 High Density Residential zoning
Maximum building height: 15 metres
Floor Space Ratio: 1.5:1
Approved for 30 co-living rooms
Parking for six vehicles
The property currently comprises a three-bedroom, one-bathroom home with a double carport, returning $570 per week.
Convenient location:
130m to the nearest bus stop
350m to Wentworthville Tennis Courts
450m to Wentworthville shops and Woolworths
1.3km to Wentworthville Train Station
2.2km to Westmead Hospital
2.9km to Westfield Parramatta
Indicative investment potential:
Estimated rental income: 30 rooms × $470 per week
Potential gross annual income: $733,200
Indicative value at a 6.5% gross yield: approximately $11,280,000
A rare opportunity to secure a substantial DA-approved co-living development in a highly convenient and well-connected location.
