124 Parker Street, Kingswood, NSW 2747

$1,050,000

Other
Type
3
Bedrooms
1
Bathrooms
2
Parkings
655 m²
Area

Last updated on Thursday, August 13, 2026 ( See property details for 124 Parker Street, Kingswood, NSW 2747)

$1,050,000

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

A versatile mixed-use development site in Kingswood offering significant future growth potential and existing income streams.

🏡 Property Highlights

  • Prime development site in Western Sydney's thriving Kingswood precinct
  • Flexible MU1/B4 Mixed Use zoning with strong future redevelopment potential
  • Strategic location near Nepean Hospital, Western Sydney University, and Kingswood Station
  • Existing residence with holding income potential
  • Large 655 sqm land parcel with 21m frontage and 31m depth
  • Opportunity for diverse development including residential, commercial, and build-to-rent projects

✨ Key Features

  • Waterfront / Views
  • Open-Plan Living
  • Home Office / Study
  • Balcony
  • Built-in Robes
  • Garage / Secure Parking
  • Outdoor Area / Balcony
  • Internal Laundry
  • Ceiling Fans
  • Security Screens / Gates

Kingswood is a rapidly evolving suburb in Western Sydney, renowned for its strategic location within the health and education precinct. It offers excellent connectivity via Kingswood Station and proximity to major infrastructure projects like the Western Sydney Airport. The area boasts a diverse community, strong growth prospects, and affordable land options, making it ideal for investors and developers seeking long-term value. With nearby amenities including Nepean Hospital and Western Sydney University, Kingswood is positioned for sustained future development and lifestyle convenience.

What are the future development plans for this site?
The site has potential for residential flat buildings, shop top housing, build-to-rent projects, and mixed-use commercial and residential developments, subject to council approval.
Is there existing income from the current residence?
Yes, the property includes an existing residence with holding income potential, providing immediate returns while planning future development.
What are the zoning and planning controls?
The property is zoned MU1 / B4 Mixed Use with a floor space ratio of 3.5:1 and a height limit of 18 meters, allowing for diverse development options.
How accessible is the location?
The property is conveniently located near Nepean Hospital, Kingswood Station, Western Sydney University, and major arterial roads including the M4 Motorway.
Are there any restrictions or covenants on the land?
Development is subject to council approval and compliance with local planning controls; further due diligence is recommended.
Are there any zoning restrictions or planning overlays that could impact future development plans? What are the potential costs associated with rezoning or obtaining development approvals? Are there any easements, covenants, or restrictions on the land that could affect development? Has a recent land survey been conducted to confirm boundaries and dimensions? Are there any known environmental issues or contamination on the site? What are the local council's development application fees and approval timelines? Is there any nearby construction or planned infrastructure that could cause disruption? Are there any flood or bushfire risks associated with the property? What are the strata or community title considerations, if applicable? Are there any existing or upcoming planning policies that could influence the property's value or development potential?

124 Parker Street, Kingswood, NSW 2747 - More Details

$1,050,000

We are proud to present 124 Parker Street, Kingswood

Positioned within one of Western Sydney's fastest evolving growth corridors, this MU1/B4 Mixed Use development site offers a rare opportunity for developers, investors, and land bankers looking to secure a strategic parcel in the heart of the Kingswood health and education precinct.

Located just moments from Nepean Hospital, Kingswood Station and Western Sydney University, the property sits within an area undergoing major transformation driven by infrastructure investment, population growth and the upcoming Western Sydney Airport and Aerotropolis.

With flexible mixed-use zoning and strong development fundamentals, this is an opportunity to capitalise on the future of Kingswood while the suburb still remains comparatively affordable.

Property Features -Are as follows
Spacious 3-bedroom family home
Two bathrooms for added convenience
Separate living room providing a comfortable family space
Dedicated dining area adjacent to the kitchen
Functional kitchen with good workspace and storage potential
Large family/rumpus room ideal for entertaining or relaxing
Main bedroom featuring a walk-in robe
Additional bedrooms with easy access to bathroom facilities
Internal laundry
Covered front verandah
Single garage under the main roof which has been converted to a rumpus room as well as an adjoining storage area
Attached carport providing additional covered parking
Large detached garage/workshop (approx. 4.4m x 6.0m) - ideal for trades, hobbies, or extra vehicle storage
Separate garden shed for tools and equipment
Generous backyard with established gardens and outdoor space
Long driveway with ample off-street parking
Flexible floorplan suited to families, first-home buyers, investors, or downsizers seeking extra shedding

PROPERTY HIGHLIGHTS:
* Zoned MU1 / B4 Mixed Use
* Land Size: 655 sqm approx.
* Frontage: 21m approx.
* Depth: 31m approx.
* Existing residence with holding income potential
* Strong future redevelopment upside (STCA)

DEVELOPMENT POTENTIAL (STCA):
* Residential Flat Buildings
* Shop Top Housing
* Build-to-Rent (BTR) Projects
* Mixed-Use Commercial & Residential Developments

PLANNING CONTROLS:
* Floor Space Ratio: 3.5:1
* Height Limit: 18m

LOCATION BENEFITS:
* Nepean Hospital - 150m approx.
* Kingswood Station - 900m approx.
* Western Sydney University - 1.8km approx.
* Penrith CBD - Minutes away
* Easy access to M4 Motorway and major arterial roads

With limited MU1/B4 opportunities available in this tightly held precinct, sites of this calibre are becoming increasingly difficult to secure.

For further information, please contact: Angelo Mavris on 0425 361 69 or Alex Salameh on 0421 979 822.

Disclaimer: The above information has been gathered from sources we believe to be reliable. However, we cannot guarantee its accuracy and interested parties should rely on their own enquiries.
Type
Other
Bedrooms
3
Bathrooms
1
Parkings
2
Area
655 m²

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