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Investment Highlights

  • Prime MU1 zoned development site in Parramatta CBD
  • Immediate income with significant redevelopment upside
  • 1,181sqm land holding with over 25m frontage

Executive Summary

41 Campbell Street, Parramatta NSW presents a rare opportunity to acquire a significant inner-city residential development holding in one of Western Sydney’s strongest growth corridors. Offered via Expressions of Interest, the property occupies a substantial 1,181sqm landholding with over 25 meters of street frontage and is positioned directly behind Westfield Parramatta, just moments from the railway station and the commercial core. The site is currently improved with a block of 17 residential units, providing immediate holding income with clear scope to enhance rental returns or pursue future redevelopment.
Zoned MU1 – Mixed Use, the property benefits from strong planning controls, including a high permissible building height and generous floor space ratios, with potential upside through site amalgamation (STCA). This tightly held location, combined with scale, zoning flexibility, and proximity to Parramatta’s transport, retail, and employment hubs, makes this an outstanding opportunity for investors and developers seeking long-term value and redevelopment potential in Sydney’s second CBD.

Property Facts

Sale Type Investment
Sale Condition Redevelopment Project
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class C
Lot Size 0.29 AC
Building Size 16,210 SF
No. Stories 3
Parking Ratio 0.86/1,000 SF

Amenities

Unit Amenities

  • Balcony
  • Listing ID: 40065781

  • Date on Market: 4/8/2026

  • Last Updated:

  • Address: 41 Campbell St, Parramatta, NSW 2150

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