161 First Avenue, Five Dock, NSW 2046

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House
Type
3
Bedrooms
2
Bathrooms
5
Parkings

Last updated on Monday, June 22, 2026 ( See property details for 161 First Avenue, Five Dock, NSW 2046)

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Sam Varrica Director, Licenced Real Estate Agent
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A versatile freehold property in Five Dock offering immediate income, redevelopment potential, and exceptional future growth prospects.

🏡 Property Highlights

  • Immediate income stream from fully operational medical centre
  • Strategic 411sqm freehold landholding in a tightly held precinct
  • Potential for future residential redevelopment (STCA)
  • Prime location just 400m from the upcoming Five Dock Metro Station
  • Located within a vibrant, evolving mixed-use growth corridor
  • Close proximity to village retail, cafés, parks, and waterfront reserves

✨ Key Features

  • Open-Plan Living
  • Built-in Robes
  • Waterfront / Views
  • Outdoor Area
  • Secure Parking
  • Home Office / Study
  • Ceiling Fans
  • Air Conditioning
  • Ensuite
  • Internal Laundry

Five Dock is a highly sought-after Inner West suburb renowned for its vibrant village atmosphere, excellent cafes and retail, scenic parks, and waterfront reserves. Its strategic location offers strong growth potential driven by upcoming infrastructure projects like the Five Dock Metro. The area boasts a diverse community, excellent connectivity, and limited freehold land availability, making it an ideal investment and lifestyle choice.

What are the current uses of the property and potential future uses?
The property is currently configured as a fully operational medical centre, with potential for future residential or professional use, subject to planning approval (STCA).
What is the zoning and redevelopment potential of the property?
The property is situated on a 411sqm parcel with potential for redevelopment into residential accommodation, subject to council approval (STCA).
How does the proximity to the future Metro station impact the property's value?
Being just 400m from the upcoming Five Dock Metro Station, the property is well-positioned to benefit from infrastructure-driven capital uplift and increased accessibility.
Are there any restrictions or covenants affecting the property?
Details regarding restrictions or covenants can be provided upon request; current use is as a medical centre with potential for other commercial or residential uses (STCA).
What are the ongoing costs associated with the property?
Ongoing costs may include council rates, maintenance, and any applicable strata or management fees if relevant; specific details can be obtained from the selling agent.
Are there any planning or zoning restrictions that could limit redevelopment or change of use? What are the potential costs involved in converting the property to residential use? Are there any existing easements, covenants, or encumbrances on the land? Has the property been assessed for environmental or structural issues? Are there any upcoming infrastructure projects or developments nearby that could impact the property? What are the strata or management responsibilities if the property is part of a larger complex? Is there any history of flooding or bushfire risk in this area? Are there any planned or ongoing construction activities in the vicinity? What are the long-term zoning plans for this precinct? Are there any restrictions on signage or business operations for the current use?

161 First Avenue, Five Dock, NSW 2046 - More Details

Contact agent

Type
House
Bedrooms
3
Bathrooms
2
Parkings
5

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