72-74 Anzac Parade, Kensington, NSW 2033

Auction Saturday 23rd May

House
Type
8
Bedrooms
4
Bathrooms
4
Parkings
822 m²
Area

Last updated on Thursday, May 14, 2026 ( See property details for 72-74 Anzac Parade, Kensington, NSW 2033)

Auction Saturday 23rd May

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Exceptional dual lot development site in Kensington offering strong income, flexible zoning, and prime location near key amenities and transport links.

🏡 Property Highlights

  • Rare dual lot consolidation in a tightly held Kensington location
  • Favourable R3 Medium Density Residential zoning with potential for 1-6 storey development
  • Combined site area of approximately 822 sqm with potential bonus provisions
  • Strong holding income from two existing dwellings, including a renovated property
  • Excellent proximity to Centennial Parklands, UNSW, and Prince of Wales Hospital
  • Strategic corner position at ES Marks light rail stop, near Kensington town centre

✨ Key Features

  • Garage
  • Built-in Robes
  • Open-Plan Living
  • Outdoor Area
  • Waterfront / Views
  • Security Screens / Gates
  • Fly Screens
  • NBN / High-Speed Ready
  • Extra Storage (Shed/Linen)
  • Pet-Friendly

Kensington is a highly sought-after suburb in Sydney's Eastern Suburbs, renowned for its vibrant community, excellent transport links, and proximity to iconic parks and beaches. The area offers a mix of residential, educational, and healthcare facilities, making it ideal for families and professionals alike. With easy access to the CBD and local amenities, Kensington provides a dynamic lifestyle with strong growth potential.

What are the development potential and restrictions for this site?
The site is zoned R3 Medium Density Residential with a potential FSR of 2:1 and a building height of up to 23 metres, with possible bonus provisions subject to council approval. It was also included in the 2022 Housing Investigation Area for up to 7 storeys.
What is the current income generated from the existing dwellings?
Both dwellings on the property generate strong holding income, with one being recently renovated, providing flexibility while development plans are underway.
Are there any planning or council approvals required for development?
Yes, development will require council approval, and potential bonus provisions are subject to planning consent and STCA (Subject To Council Approval).
What are the nearby amenities and transport options?
The property is located at ES Marks light rail stop, close to Kensington town centre, UNSW, Prince of Wales Hospital, Centennial Parklands, Bondi Junction, and Bondi Beach, approximately 6km from the CBD.
Are there any known zoning or easement restrictions?
The property is within a favourable zoning area with no specific easements mentioned; however, all due diligence should be undertaken regarding local planning regulations.
Are there any hidden costs or upcoming council rates associated with the property? Has the property been assessed for flood or bushfire risks? Are there any existing easements, covenants, or zoning restrictions that could impact development plans? Is there any ongoing or planned nearby construction that could affect the property’s value or livability? What are the strata or community title considerations, if applicable, for this dual lot?

72-74 Anzac Parade, Kensington, NSW 2033 - More Details

Auction Saturday 23rd May

Type
House
Bedrooms
8
Bathrooms
4
Parkings
4
Area
822 m²

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