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1 Donovan St 34,584 SF 100% Leased Office Building Revesby Heights, NSW 2212 $5,283,010 ($152.76/SF)


Investment Highlights
- Positioned 23 km from Sydney CBD and 5 km from Bankstown
- Located in a peaceful residential setting near Georges River
- Flexible development options under R2 zoning (STCA)
- Offers excellent connectivity to transport and local services
- Strong demand for quality housing in Sydney’s southwest corridor
- Rare large-scale landholding in a tightly held market
Executive Summary
This property is offered for sale and represents one of the most significant development opportunities in Sydney’s southwest. Spanning approximately 3,213 m² with a wide 35.22 m frontage (subject to survey), the site is zoned R2 Low Density Residential and benefits from favorable planning controls, including an FSR of 0.5:1 and a 9 m height limit. These parameters allow for a variety of residential development options (STCA), from multi-dwelling housing to boutique subdivisions.
Strategically positioned just 23 km from Sydney CBD and 5 km from Bankstown, the property offers excellent connectivity via major arterial roads and public transport, while maintaining a tranquil setting near the Georges River. This combination of accessibility and lifestyle appeal ensures strong buyer demand for future residential projects. With limited supply of comparable sites in this tightly held market, 8497448 presents a rare opportunity for developers and investors to deliver a high-quality project in a growth corridor.
Strategically positioned just 23 km from Sydney CBD and 5 km from Bankstown, the property offers excellent connectivity via major arterial roads and public transport, while maintaining a tranquil setting near the Georges River. This combination of accessibility and lifestyle appeal ensures strong buyer demand for future residential projects. With limited supply of comparable sites in this tightly held market, 8497448 presents a rare opportunity for developers and investors to deliver a high-quality project in a growth corridor.
Property Facts
Sale Type
Investment
Sale Condition
Redevelopment Project
Property Type
Office
Building Size
34,584 SF
Building Class
C
Price
$5,283,010
Price Per SF
$152.76
Percent Leased
100%
Building Height
2 Stories
Typical Floor Size
17,287 SF
Building FAR
0.85
Lot Size
0.94 AC
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1 Donovan St
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