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450 Parramatta Road, Petersham, NSW 2049

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450 Parramatta Road, Petersham, NSW 2049

Petersham

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450 Parramatta Road, Petersham, NSW 2049
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450 Parramatta Road, Petersham, NSW 2049

450 Parramatta Road, Petersham, NSW 2049

Properties / Buy / New South Wales / Petersham
Development Potential
Property Type
Residential, Commercial
Sub Type
Student Accom Sites, Land Site, Hotel Sites
Land Area
487 m² (*approx)
Zoning
E1 Local Centre
Selling Method
For Sale: Contact Agent
Auction Date
24 Jun 2025 10:30AM
Add to calendar
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Prominent Corner Freehold with Exceptional Development Upside
  • 821sqm* NSA
  • Development upside
  • Newly Renovated

IB Property is pleased to present 450 Parramatta Road, Petersham — a rare corner freehold offering outstanding development potential and previous use rights as the renowned Clarence Hotel.

Set on a 487sqm* landholding and fully renovated throughout, the property boasts a total net saleable area of 721sqm*, Zoned E1 Local Centre with an FSR of 1.5:1 and a height limit of 14 metres, the site is primed for a variety of future uses including residential, co-living, student accommodation, commercial, or hotel (STCA).

Importantly, the property sits within a precinct flagged under Inner West Council’s broader push for increased housing density, supported by recent Transit-Oriented Development (TOD) planning proposals. The corner of Crystal Street and Parramatta Road — where this property sits — has been specifically referenced in media reports as a potential focus area for future uplift.

450 Parramatta Road presents an exceptional opportunity for developers, investors, or owner-occupiers to secure a versatile, high-profile asset with significant future upside in one of Sydney’s most vibrant inner-west locations.

Key Selling Highlights:

- Valuable development upside, renovated.

- Building area: Basement 98sqm, Ground floor: 435sqm, level 1: 188sqm = TOTAL 721sqm

- Net saleable area 721sqm*

- Land area 487sqm*

- Favourable zoning – E1 Local Centre, FSR 1.5:1, Height 14m

- Convenient location – I.e close to retail strip/village, train stations, bus services to CBD, restaurants, cafes, amenities and any other major infrastructure

For more information, please contact the exclusive selling agents.

Remember to mention you found this property on DevelopmentReady

Read More
Development Potential

450 Parramatta Road Development Site Summary

Property Type
Residential, Commercial
Sub-type
Student Accom Sites, Land Site, Hotel Sites
Land Area
487 m² (*approx)
Zoning
E1 Local Centre
Selling method
For Sale: Contact Agent
Auction Date
24 Jun 2025 10:30AM
Add to calendar

Development Site Highlights

Prominent Corner Freehold with Exceptional Development Upside
  • 821sqm* NSA
  • Development upside
  • Newly Renovated

IB Property is pleased to present 450 Parramatta Road, Petersham — a rare corner freehold offering outstanding development potential and previous use rights as the renowned Clarence Hotel.

Set on a 487sqm* landholding and fully renovated throughout, the property boasts a total net saleable area of 721sqm*, Zoned E1 Local Centre with an FSR of 1.5:1 and a height limit of 14 metres, the site is primed for a variety of future uses including residential, co-living, student accommodation, commercial, or hotel (STCA).

Importantly, the property sits within a precinct flagged under Inner West Council’s broader push for increased housing density, supported by recent Transit-Oriented Development (TOD) planning proposals. The corner of Crystal Street and Parramatta Road — where this property sits — has been specifically referenced in media reports as a potential focus area for future uplift.

450 Parramatta Road presents an exceptional opportunity for developers, investors, or owner-occupiers to secure a versatile, high-profile asset with significant future upside in one of Sydney’s most vibrant inner-west locations.

Key Selling Highlights:

- Valuable development upside, renovated.

- Building area: Basement 98sqm, Ground floor: 435sqm, level 1: 188sqm = TOTAL 721sqm

- Net saleable area 721sqm*

- Land area 487sqm*

- Favourable zoning – E1 Local Centre, FSR 1.5:1, Height 14m

- Convenient location – I.e close to retail strip/village, train stations, bus services to CBD, restaurants, cafes, amenities and any other major infrastructure

For more information, please contact the exclusive selling agents.

Remember to mention you found this property on DevelopmentReady

Read More
Development Potential
Dimitrios Franze
Dimitrios Franze
+61 *** *** *** show +61 406 558 855
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+61 406 558 855 [email protected] Message
Steffan Ippolito
Steffan Ippolito
+61 *** *** *** show +61 403 347 111
Message Message
+61 403 347 111 [email protected] Message
Dimitrios Franze
Dimitrios Franze
+61 *** *** *** show +61 406 558 855
Message Message
+61 406 558 855 [email protected] Message
Steffan Ippolito
Steffan Ippolito
+61 *** *** *** show +61 403 347 111
Message Message
+61 403 347 111 [email protected] Message

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450 Parramatta Road, Petersham, NSW 2049

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Property Location of 450 Parramatta Road, Petersham, NSW 2049

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450 Parramatta Road, Petersham, NSW 2049 Petersham
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IB Property
IB Property
75 Nelson Street, Annandale NSW 2038
Dimitrios Franze
Dimitrios Franze
+61 *** *** *** show +61 406 558 855
Steffan Ippolito
Steffan Ippolito
+61 *** *** *** show +61 403 347 111
Enquire