22 Noller Pde 0.22 Acres of Residential Land in Parramatta, NSW 2150

This is a rare opportunity to acquire Parramatta’s only available waterfront R4 High Density redevelopment site, strategically positioned along the Parramatta River. The property occupies a 908 sqm freehold parcel with dual frontages and is zoned R4 High Density Residential, offering an FSR of 1.5:1 and a 17 m height limit. This zoning allows for a maximum GFA of approximately 1,362 sqm, providing significant development potential compared to lower-density zones.
The site benefits from an elevated, north-facing position with sweeping water and green views, complemented by direct access to the Parramatta River Walk, which links to Sydney Olympic Park and Homebush Bay. Its location ensures exceptional connectivity, with the Parramatta Light Rail just 50 meters away, and proximity to major destinations such as Rosehill Gardens, Parramatta Wharf, Westfield Parramatta, and the $3.2 billion Parramatta Square precinct.
A council-endorsed VPA supports a 5-storey apartment scheme with basement parking, and the site offers potential for a 20–30% uplift under SEPP (Housing) 2021 with an affordable housing component. This property is ideally suited for a range of uses (STCA), including multistorey apartments, townhouses, luxury homes, and mixed-use developments. Holding income from an existing tenancy adds further value, making this a compelling opportunity in one of Sydney’s fastest-growing residential precincts.