19-21 Parklawn Place, North St Marys, NSW 2760

Property Highlights

• DA approved with CC progressed for 32 studio rooms over a café.

• Efficient and cost-effective design with no basement.

• Parking: 7 car / 7 motorcycle / 7 bicycle.

• Dual street frontage front and rear providing great access for construction and future residents.

• Forecast furnished fully leased Gross Annual Revenue (GAR) of $865,280.

• Strong local rental demand profile for studios, with 47% renters and 27% solo renters in the area.

• Landlords market with 1.5% vacancy rate providing robust rental growth prospects with 10% growth YOY.

• Location mote of protection with the nearest boarding houses currently over 1km away.

• Planning mote of protection with boarding house developments more restricted under current Housing SEPP.

• Excellent amenity for residents, situated among shops, adjoining a park, and with bus services to St Marys train station.

• St Marys train station connects to key employment hubs including Penrith, Parramatta, and Sydney CBD.

• The St Marys Metro Station, currently under construction, will connect to the new Western Sydney 24/7 International Airport, expected to open in 2026.

• Huge population growth is forecast for Western Sydney, underpinning future demand.

• Future housing supply is reduced due to current constraints expected to increase demand for existing property.

• Motivated vendor - clear instructions to sell.

• The property will be sold at auction if not sold prior.

Auction 28 October 2025 | Motivated Vendor | Contracts, plans & approval available on request

Deliver now in one of Western Sydney’s most connected growth corridors. 19–21 Parklawn Place comes DA-approved for a contemporary, Co-Living / new-generation boarding house comprising 32 studios, generous communal areas and a street-activating café/retail at ground—exactly the format operators and investors are chasing near rail, retail and employment. Set across two titles in a quiet cul-de-sac amongst a group of neighbourhood shops, the site is a short walk to bus services to St Marys Station and will benefit from the new Airport Metro interchange at St Marys, expanding tenant catchment and strengthening income resilience.

Disclaimer: Provided for information only. No warranty as to accuracy or completeness. Parties must rely on their own enquiries. Subject to contract and change without notice. Amounts ex-GST. All areas and figures are approximate. All photo mark ups, outlines and labels are indicative only. Any development is subject to council and statutory approvals.