New Residential Development Set For Pemulwuy, Sydney

PEMULWUY, in Sydney’s outer west, is set to see a new residential development, soon, after a builder paid $5.86 million for a 6942 square metre development site known as Lot 4002, Lakewood Estate 4B.

The site was sold with development approval for 71 one-bedroom flats, and 12-three bedroom units.  According to The Australian, which reported the deal, the development will also include 128 car park bays.

The development site – currently configured as five adjoining lots – has been cleared for development.

 

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Marc Pallisco

A freelance property analyst and journalist, Marc is a co-founder of realestatesource.com.au.

Marc Pallisco

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