Proudly introduced by Ashton Jafarian from National Real Estate - this is a rare, 4 lot, Council-Approved NDIS SIL/Respite opportunity, offering outstanding investment potential.
Prime Corner Block - Just 10 Minutes to Parramatta CBD!
An exciting opportunity to acquire a fully approved, mixed-use development site in the heart of Greystanes. This project is ideally configured for NDIS Supported Independent Living (SIL), Short-Term or Respite accommodation, catering directly to the surging demand in the disability housing sector.
Highlights:
• 4 individual titles
• Potential subdivision into 2 lots (STCA)
• Potential to build 4 terraces (STCA)
• High-exposure corner position
• Only 10 minutes from Parramatta CBD
Development Summary:
• 5 x Split-level Apartments- Modern 2-bedroom layouts, ideal for long-term rental or specialised housing
• 2 x 1-Bedroom Units - Perfect for SIL or respite care; Unit 1 includes full accessible features and dedicated accessible parking
• 2 x Retail Shops - Commercial spaces offering additional rental returns and street visibility
Project Snapshot:
• Retail Tenancies: 2
• Townhouses: 5 (2-bedroom each)
• Studio Units: 2 (1-bedroom each)
• 7 Private Car Spaces (incl. 2 accessible)
• 2 Visitor Parking Spaces
• 14 On-Street Retail Parking Spaces
• Commercial Floor Area: 163.11 m²
• Internal Residential Area: 452.2 m²
• Total Land Area: 742.8 m²
• Gross Building Area: 699.7 m²
• Mixed Use FSR: 1.16:1 | Residential FSR: 0.94:1
Accommodation Breakdown:
• Unit 1: 79.2 m² - 1 Bed, fully compliant and approved for accessible needs
• Unit 2: 101.95 m² - 2 Bed, 2 Bath, Balcony (SIL/Respite Suitable)
• Unit 3: 114.6 m² - 2 Bed, 2 Bath, Balcony (SIL/Respite Suitable)
• Unit 4: 114.6 m² - 2 Bed, 2 Bath, Balcony (SIL/Respite Suitable)
• Unit 5: 115.6 m² - 2 Bed, 2 Bath, Balcony (SIL/Respite Suitable)
• Unit 6: 114.2 m² - 2 Bed, 2 Bath, Balcony (SIL/Respite Suitable)
• Unit 7: 83.4 m² - 1 Bed, suitable for On-Site Overnight Assistance (OOA)
Total Gross Residential Area: 454.2 m² | Combined Overall: 723.55 m²
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Investment Potential:
• NDIS-Centric Design - Ability to house up to 14 participants with OOA accommodation included
• SDA Compliance Potential - Unit 1 is already compliant, and minor upgrades to other units could enable full SDA certification under Improved Livability category, potentially increasing your returns exponentially
• High Rental Yield - Combine government-backed NDIS returns with commercial and residential rental income streams
• Outstanding Location - Close to transport, schools, shopping, medical centres, and just 3 minutes from Pemulwuy Marketplace
• Accessible Living - With compliant features and accessible parking, this project meets growing demand for inclusive housing
Attention NDIS Providers:
This development offers the rare chance to accommodate 10-14 participants in one location while operating your business from the retail spaces below. All this from a single, high-profile corner location-10 minutes from Parramatta and moments from local amenities.
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Don't Miss Out - Enquire Today
For further information or to arrange a private consultation, contact:
Ashton Jafarian
0424 309 434
National Real Estate
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Disclaimer: All details including measurements, images, descriptions, and data have been provided by third parties and are intended for marketing purposes only. Buyers are advised to verify the accuracy of this information independently. No warranty is given or implied. All visuals are artist impressions and not final finishes. STCA = Subject to Council Approval.