Located at 30A, 30B & 30C Cooper Street, Strathfield, the site spans a combined area of 1,763.7sqm and is being marketed by Vee Li, Victor Sheu and Peter Vines of Ray White Commercial Western Sydney, in conjunction with Andy Hu and Johnothon Broome from Savills.
The offering includes three existing unit blocks to be sold in-one-line and provides both secure existing income and significant future development potential in a premier location less than 250 metres from Strathfield Station.
“This is one of the most exciting residential development opportunities we’ve seen in the Inner West in recent years,” said Vee Li. “The scarcity of land of this scale so close to major transport and retail amenity in a suburb like Strathfield cannot be overstated.”
With planning already in place, but no development approval yet lodged, the property provides flexibility for prospective purchasers to shape their own outcome, from luxury residential to accommodation or build-to-rent schemes.
“What sets this opportunity apart is the scale and location; it’s not every day you see a collection of unit blocks this close to Strathfield Station hit the market, particularly one with immediate development upside,” said Victor Sheu.
“This is a blue-chip suburb where land of this nature simply doesn’t become available.”
Peter Vines said that Strathfield is an affluent, well-connected area with high demand from both families and downsizers. "There’s very little new quality housing stock entering the market. This is a chance to deliver much-needed supply in one of the most prestigious addresses in Sydney.”
The property is being offered with price expectations kept confidential, as the selling agents note the value will ultimately depend on terms offered and market interest.
"This launch comes at a time when housing supply across Greater Sydney is under significant pressure, with rising immigration, low rental vacancy rates and planning hurdles delaying the delivery of new dwellings," said Vee Li.
Recent data from CoreLogic and NSW Government projections highlight a dwelling shortfall in the tens of thousands, further elevating the appeal of strategic sites like this one.
“There has been a distinct lack of scale offerings in Sydney’s Inner West, particularly those with strong fundamentals like this; proximity to transport, existing income, and future upside,” said Andy Hu of Savills.