Offering a rare opportunity in a prime location, this R3 Zoned 778m2 corner block of land is ideal for savvy investors, developers, builders or families looking to secure prime land with incredible future building potential. Conveniently located in the heart of Smithfield, this corner block of land, is just moments from local schools, parks, and shopping centres. With its R3 zoning, easy access to public transport, and major roads, this is a rare opportunity to secure a block of land that offers long-term potential. In the context of NSW zoning, an R3 Medium Density Residential Zone allows for the following considerations: Allowed Development: Permitted development in an R3 zone includes: - Dwelling houses - Dual occupancies (duplexes) - Townhouses, terraces, villas, and apartments - Other residential uses, including higher or lower density uses, where appropriate Purpose: The R3 zone aims to: - Provide housing needs within a medium density environment. - Enable a variety of housing types. - Allow other uses that provide facilities or services for residents' daily needs. Characteristics: Higher density of development is permissible than in R2 zones. - Higher building heights are generally permissible. - The zone is generally located on the outer edges of centres where residents can gain easy access to public transport and services and amenities. Distinction from R2 and R4: - R2 (Low Density Residential): Permits single dwellings and potentially duplexes but with less density than R3. - R4 (High Density Residential): Allows for residential flat buildings (apartments), and is generally higher density than R3, requiring good access to transport and services. Important Note: In all cases, seek independent local council due diligence & understanding on requirements, guidelines & potential approvals. The team here at Camden Property Agents are very proud to be able to now present this R3 zoned corner block of land to the market. Disclaimer: Camden Property Agents believe that all information contained herein be true and correct to the best of our ability and in no way misleading, however all interested parties are advised to carry out their own enquiries and relevant searches independently.
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