51-53 Albert Street, Petersham NSW 2049

One of Petersham's largest remaining parcels of land is now one of the Inner West's most exciting residential development opportunities. This landmark Petersham property on one of the suburb's best streets, is offered with potential for up to five separate residences STCA. Potential purchasers have the flexibility to consider a variety of options, from leaving the property in its current configuration as four separate flats to redeveloping the site or restoring the property to its original former glory.

The subject site is zoned under the Marrickville Local Environmental Plan 2011 as R2 Residential Set on approximately 912sqm of land and situated about 7kms from the city centre. With a frontage of approximately 24.3m on the coveted Albert Street with a depth of approximately 37.6m
The property offers plenty of scope for further enhancement, an opportunity unmatched in possibility, this massive 912sqm parcel provides a rare chance for the discerning investor or developer.

-Redevelopment opportunity for up to 5 new dwellings STCA
-Currently configured as four separate flats
-R2 Zoning
-Approximately 912m2 parcel of land
-24.3m street frontage
-close to schools,shops and public transport