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Photos © Ray White Bankstown, shown from Ray White’s listing.
HouseFor sale

$4,499,950

114 & 116 Highland Avenue

Yagoona, NSW 2199

  • 5 beds
  • 1 bath
  • 2 car spaces
  • 1,071 m² land

CORNER BLOCK | 1070SQM+ TOTAL | 26.8M+ FRONTAGE | 2.5:1 FSR | E1 LOCAL CENTRE ZONE

This is a truly exceptional and tightly held opportunity to secure one of Yagoona's most prominent corner sites.

Occupying a prime position at the intersection of The Crescent and Highland Avenue, this landmark parcel spans over 1,070sqm of total land with an impressive 26.8m+ width, providing incredible exposure and outstanding development potential.

Zoned E1 Local Centre, this site sits within a key growth corridor of the Canterbury-Bankstown LGA, just steps from Yagoona Train Station, major bus routes, local shopping and an established residential catchment. The E1 zoning allows a broad range of permitted uses including retail, commercial, medical, community, tourist accommodation and shop-top housing (STCA). The location and zoning combine to make this an ideal site for a mixed-use development or a long-term investment holding.

Property Highlights:

  • 2.5:1 Floor to space ratio
  • Majority of the site has 20m max height restriction, with part of it having a 11m max
  • Land size: 1,070sqm+ (approx.)
  • Frontage: 26.8m+ across a commanding corner position
  • Zoning: E1 Local Centre (Canterbury-Bankstown LEP 2023)
  • Shape: Level and regular block, offering strong design efficiency
  • Location: 350m (approx.) to Yagoona Train Station, shops and cafés
  • Easy access to Bankstown CBD, Hume Highway and major transport links
  • High-exposure position with excellent passing traffic and footfall

E1 Local Centre Zoning - Key Development Potential (STCA):

  • Retail and Commercial - shops, cafes, restaurants, offices, medical centres
  • Tourism and Accommodation - serviced apartments, hotels, visitor accommodation
  • Community Uses - child-care centres, places of worship, community facilities
  • Residential - shop-top housing (residential above ground-floor commercial)
  • Employment and Service - local business and professional services

E1 Local Centre zoning aims to activate and grow local commercial hubs, encouraging vibrant mixed-use developments that support local business and create community destinations. This location is part of a strategic centre identified in the Canterbury-Bankstown Connective City 2036 plan, making it an attractive prospect for developers looking to future-proof their investment.

Location Advantages:

  • Prime corner site in a thriving and walkable local centre
  • Minutes to Bankstown Central, Bankstown Hospital and surrounding employment precincts
  • Surrounded by established homes and retail, ensuring strong local demand
  • Excellent connectivity via train, bus and arterial road network

Why This Site Stands Out:

  • Rare landholding in a high-exposure corner position
  • Flexible E1 zoning offering multiple pathways to value creation
  • Ideal for mixed-use or commercial development (STCA)
  • Attractive land size and frontage ratio for future building design
  • Strong demand location with major infrastructure and community amenity close by

For further information or to arrange a confidential discussion please contact Patrick Sioud on 0405 21 21 81.

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