2 Schwebel Lane (also known as 946 Old Northern Road, Glenorie NSW 2157

Auction Details:
Wednesday, 17th December 2025
6:30pm
1/18 Groves Avenue, Mulgrave NSW 2756

This 1.56-hectare (approx. 3.87 acres) site in the heart of Glenorie offers dual zoning (RU6 and R2) and a collection of income-producing assets already in place. Positioned beside Woolworths and The Village shops, and directly opposite Glenorie Public School, it occupies one of the area's most prominent and well-connected corners.

Along the Old Northern Road frontage, four existing homes and a retail office offer leasing potential or strategic holding value. Further within the property, a concrete plant and telecom towers can deliver reliable rental returns, reinforcing the investment appeal. The concrete plant sits on approximately 1.16 hectares of RU6-zoning, opening the door to a wide array of land uses (STCA) or future rezoning possibilities.

With a bountiful combination of current income, location strength, and long-term flexibility, this is a standout opportunity for investors, developers, or land bankers ready to capitalise in one of Glenorie's most sought-after areas.

Features: - Dual-zoned 1.56-hectare site offering both RU6 and R2 classification - High-exposure corner opposite Glenorie Public School and beside Woolworths - Four existing residences and a retail office with holding income or strategic use potential - Concrete plant and telecom towers delivering strong rental yield - RU6 portion spans approximately 1.16 hectares with future-use upside (STCA) - Multiple avenues for redevelopment, rezoning or long-term land banking - Located just 20 minutes from Castle Hill and under an hour to Sydney CBD

Contact your friendly Cutcliffe agent today for more information or to arrange an inspection.