Sold

113-119 Mitchell Street,
Parkes 2870, New South Wales

3 bedrooms
2 bathrooms
2 car spaces
8,094m² land size
House

Price withheld


Property details

Prime Development Opportunity on 8,094 sqm Allotment

113-119 Mitchell Street, Parkes presents a rare and substantial development opportunity in the growing heart of Parkes, offering approximately 8,094 sqm with future development potential.

Currently returning $330.00 per week in rental income, the property features a versatile 3 bedroom, 2 bathroom residence with a flexible floorplan designed to offer both generous space and adaptable living options. With three separate living areas, two of which can serve as additional bedrooms, the home provides outstanding adaptability for large families, independent living arrangements, extended family or dual-living potential. One section of the home includes its own separate entrance, laundry and bathroom, adding even greater flexibility for buyers seeking space and versatility.

From a development perspective, the property offers exciting scope with an approved DA already in place for a two-lot subdivision comprising:
• One lot of approximately 750 sqm containing the existing residence
• One lot of approximately 7,344 sqm

There is potential for further subdivision opportunities (subject to council approval), with proposed lot sizes ranging from approximately 650 sqm to 805 sqm, making this an exciting prospect for developers and investors looking to capitalise on Parkes' continued growth.

Additional development considerations include established stormwater access provisions, which may assist in streamlining future development infrastructure requirements.

Key Features:
• Approx. 8,094 sqm landholding
• Currently leased at $330.00 per week
• Flexible home layout
• Multiple living zones and separate access area
• Approved DA for 2-lot subdivision
• Potential future 9-lot subdivision (STCA)
• Development potential

Whether you're looking for an immediate investment, a future development site or a large flexible residence with room to grow, 113-119 Mitchell Street delivers endless possibilities.
Contact Jim O'Donoghue on 0461 441 567 today.

Explore the area


School catchments

  • Parkes Christian School Combined K-12 Independent 1.1km
  • Holy Family Parish School Primary K-6 Catholic 1.5km
  • Parkes Public School Primary K-6 Government 1.5km
  • Middleton Public School Primary K-6 Government 2.4km
  • Parkes East Public School Primary K-6 Government 2.8km

Nearest schools, measured in a straight line from the property. Provided as a guide only; check catchment and enrolment eligibility with the school. School data © ACARA, licensed under CC BY 4.0.


Find out how much home loan repayments will be

It’s important to understand repayment amounts before you apply for a home loan. A Loan Market broker can compare over 100 lenders to find the right loan for you. Use the Loan Market calculator to get a better indication of repayments.

Loan Market Pty Ltd | Australian Credit Licence 390222. All interest rates stated must include "p.a." and the relevant Comparison Rate in full.


Back to top