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Investment Highlights

  • Eligible for up to 2.2:1 FSR and 22-meter height limit under LMR policy
  • Zoned R3 with potential for boutique townhouse or apartment development
  • Surrounded by established homes and boutique residential projects

Executive Summary

This property represents a rare development opportunity in one of Sylvania’s most desirable residential precincts. Positioned in an elevated cul-de-sac with expansive district views, the site offers a generous land area of approximately 992 m² and R3 zoning, providing significant flexibility for future development. The recently adopted Low and Mid Rise Housing (LMR) State Government planning code enhances the potential of this site, allowing for a maximum floor space ratio (FSR) of 2.2:1 and a height limit of up to 22 meters or six storeys, subject to council approval.
The location is surrounded by established high-quality homes and boutique townhouse projects, ensuring strong market appeal for future dwellings. With Southgate Shopping Centre and public transport at the doorstep, the site is well-positioned to attract downsizers and owner-occupiers seeking modern, low-maintenance living in a connected and convenient setting. This is one of the last remaining parcels in this quiet, elevated enclave, making it an exceptional opportunity for developers and builders to deliver a landmark residential project.

Property Facts

Sale Type Investment
Sale Condition Redevelopment Project
No. Lots 1
Property Type Land
Property Subtype Residential
Proposed Use Apartment Units
Total Lot Size 0.25 AC

1 Lot Available

Lot

Lot Size 0.25 AC

Elevated 992 m² R3-zoned parcel in a quiet Sylvania cul-de-sac, offering district views and strong development potential under LMR policy for townhouses or apartments (STCA).

Description

The property at 14 Murralin Lane, Sylvania, is a land parcel of approximately 992 m² located in an elevated cul-de-sac. It is zoned R3 Medium Density Residential and falls under the Low and Mid Rise Housing planning code, which permits a maximum FSR of 2.2:1 and a height limit of 22 meters, subject to council approval. The site is adjacent to Southgate Shopping Centre and is serviced by nearby public transportation. The surrounding area consists of established residential dwellings and boutique townhouse developments.

  • Listing ID: 39718151

  • Date on Market: 3/9/2026

  • Last Updated:

  • Address: 14 Murralin Lane, Sylvania, NSW 2224

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