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21 Peel Street, Canley Heights NSW 2166-Image For Sale
21 Peel Street, Canley Heights NSW 2166-Image 21 Peel Street, Canley Heights NSW 2166-Image 21 Peel Street, Canley Heights NSW 2166-Image 21 Peel Street, Canley Heights NSW 2166-Image 21 Peel Street, Canley Heights NSW 2166-Image 21 Peel Street, Canley Heights NSW 2166-Image 21 Peel Street, Canley Heights NSW 2166-Image 21 Peel Street, Canley Heights NSW 2166-Image 21 Peel Street, Canley Heights NSW 2166-Image 21 Peel Street, Canley Heights NSW 2166-Image 21 Peel Street, Canley Heights NSW 2166-Image 21 Peel Street, Canley Heights NSW 2166-Image 21 Peel Street, Canley Heights NSW 2166-Image 21 Peel Street, Canley Heights NSW 2166-Image 21 Peel Street, Canley Heights NSW 2166-Floorplan

21 Peel Street, Canley Heights NSW 2166

Prime R4 High-Density Development Opportunity with High-Yield Income!

House
Type
5
Bedrooms
2
Bathrooms
1
Parkings

Last updated on Saturday, October 17, 2026 ( See property details for 21 Peel Street, Canley Heights NSW 2166)

$2,200,000

  • AI-generated summary for guidance only. We can’t guarantee accuracy -please verify all details independently before deciding.

A versatile dual-occupancy property on a large high-density block in Canley Heights, offering strong rental returns and development potential.

🏡 Property Highlights

  • Massive 789.70 sqm high-density land with development potential
  • Dual-occupancy property with a main house and self-contained granny flat
  • Outstanding rental income of $1,400 per week
  • Prime location near shopping, eateries, schools, and transport
  • Flexible R4 High-Density Zoning for future redevelopment
  • Strong investment opportunity for land-bankers, developers, and investors

✨ Key Features

  • Open-Plan Living
  • Air Conditioning
  • Built-in Robes
  • Ensuite
  • Outdoor Area
  • Waterfront / Views
  • Security Screens / Gates
  • Fully fenced
  • Internal Laundry
  • Pet-Friendly
Latest Aerial Imagery Available
21 Peel Street
Canley Heights, NSW 2166
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Vertical aerial view — 21 Peel Street
21 Peel Street — Vertical Aerial  •  Canley Heights, NSW 2166  •  Nearmap © 2026

Canley Heights is a vibrant suburb renowned for its diverse dining options, excellent schools, and convenient public transport. Its strategic location offers easy access to major transport links, shopping precincts, and recreational facilities. The area is experiencing strong growth, making it ideal for investors and developers seeking high-yield opportunities. With a friendly community atmosphere and ongoing infrastructure improvements, Canley Heights continues to attract both residents and investors seeking a dynamic lifestyle and promising future growth.

What are the future development possibilities for this property?
The property is zoned R4 High-Density Residential, offering potential for multi-residential development subject to council approval (S.T.C.A.).
Is the property currently tenanted, and what is the rental income?
Yes, the main dwelling is currently tenanted, generating a steady income, with a combined potential rental income of $1,400 per week.
What amenities are nearby?
The property is close to Canley Heights shopping precinct, local eateries, schools, public transport, and train stations at Canley Vale and Cabramatta.
Are there any restrictions or covenants on the land?
The land is zoned R4 High-Density Residential, with potential for future development, but specific restrictions should be confirmed with local council.
What is the condition of the existing structures?
The main house and granny flat are well-maintained, with modern amenities in the granny flat and functional facilities in the main dwelling.
Are there any planning or zoning restrictions that could limit future development or subdivision? What are the total costs involved in potential redevelopment or land subdivision? Are there any easements, covenants, or encumbrances on the property? Has the property been affected by flooding or bushfire risks? Are there any upcoming council or community development plans that could impact the property or neighbourhood? Is there any existing strata or community title arrangement, and what are the associated fees? Are there any known issues with the structures or land that require repairs or upgrades? What are the local noise levels and neighbour relations like? Are there any restrictions on short-term rentals or Airbnb usage? What are the ongoing maintenance costs for the property and land?

21 Peel Street, Canley Heights NSW 2166 - More Details

Prime R4 High-Density Development Opportunity with High-Yield Income!

Positioned in one of Canley Heights' most sought-after pockets, this high-yield dual-occupancy property presents an extraordinary opportunity for astute investors, developers, and land-bankers alike.

Situated on a massive 789.70 sqm; block with a wide 15.24 m frontage, this site is zoned R4 High Density Residential, offering incredible future growth and re-development potential (S.T.C.A.) while producing immediate, strong rental returns.
Key Features & Investment Highlights:
• Substantial Land Holding: 789.70 sqm; (approx.) regular-shaped allotment with a 15.24 m frontage.
• R4 High-Density Zoning: Flexible future development opportunities in a high-growth location (S.T.C.A.).
• Outstanding Rental Return: Combined potential rental income of $1,400 per week.

• Main Dwelling (House):
• 3 spacious bedrooms
• Open-plan living and dining area
• Functional kitchen and bathroom facilities
• Currently tenanted producing steady income

• Secondary Dwelling (Granny Flat):
• Self-contained 2-bedroom granny flat
• Independent access and private setting
• Air-conditioned living area and modern amenities

Unbeatable Location:
Moments away from the vibrant Canley Heights shopping precinct, popular local eateries, quality schools, public transport, and short drive to both Canley Vale and Cabramatta Train Stations.
Whether you are looking to secure a prime piece of R4 high-density land, capitalise on the dual income streams, or plan your next major multi-residential development project, 21 Peel Street is an opportunity not to be missed!
Contact Ray White Cabramatta today to arrange a private inspection or obtain a copy of the contract.

Ray White Cabramatta - Where Home Begins

Disclaimer: All information contained herein is gathered from sources we believe to be reliable. However, we cannot guarantee its accuracy, and interested persons should rely on their own independent enquiries. Please note that some marketing photography may have been digitally enhanced and/or utilize AI photo editing and virtual staging to illustrate the property's potential.
Type
House
Bedrooms
5
Bathrooms
2
Parkings
1
Area
0.0

Map & nearby places — 21 Peel Street, Canley Heights NSW 2166

Explore 21 Peel Street, Canley Heights NSW 2166 in 3D

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Costs and returns

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School catchments

Government school zones this property is inside, from the outlines we hold. A zone can change, and being in a zone is not a guarantee of a place, so check with the school or the education department.

Other schools nearby

Schools within about 5 km that have no enrolment zone, such as Catholic, independent, special and selective schools.

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