Under contract - New suburb record! Offering an excellent opportunity for an astute investor or developer, this perfectly positioned property is located within the desirable suburb of Melrose Park. It comprises 1,853 sqms and is development site approved, allowing for potential future recreation. Just walking distance to the edge of Parramatta River, this property is ideal for developers wanting to build near one of the lakes' most popular enclaves. Features: - Recently approved subdivision and creation of 2 new land lots - Potential for two new homes or two sets of duplexes STCA - Rare opportunity for a savvy developer to acquire a premium site - Enjoy some of the best river/city views Sydney has to offer - Ready to build, the approved DA is listed in the Contract of Sale - Fantastic option for those looking to create a high yield investment - Peaceful and private location backs onto natural bushland reserve - Surrounded by quality residences and nearing Parramatta River - Located in an idyllic whisper-quiet setting over a 1,853 sqm block - Handy to West Ryde, Top Ryde, CBD trains, Meadowbank Park - Located within mere minutes of local quality schools and transport - Close to array of everyday amenities including shopping precincts - Near gymnasiums, recreation centres, daycares and scenic parks Approved lot 1: 801sqm Approved lot 2: 1052sqm Total size: 1853sqm For a copy of the council approved subdivision, please contract Michael or Norman from Belle Property.