2 Schwebel Lane (also known as 946 Old Northern Road, Glenorie), Glenorie
Income-Producing Property with Dual-Zoning Potential
This 1.56-hectare (approx. 3.87 acres) site in the heart of Glenorie offers dual zoning (RU6 and R2) and a collection of income-producing assets already in place. Positioned beside Woolworths and The Village shops, and directly opposite Glenorie Public School, it occupies one of the area's most prominent and well-connected corners.
Along the Old Northern Road frontage, four existing homes and a retail office offer leasing potential or strategic holding value. Further within the property, a concrete plant and telecom towers can deliver reliable rental returns, reinforcing the investment appeal. The concrete plant sits on approximately 1.16 hectares of RU6-zoning, opening the door to a wide array of land uses (STCA) or future rezoning possibilities.
With a bountiful combination of current income, location strength, and long-term flexibility, this is a standout opportunity for investors, developers, or land bankers ready to capitalise in one of Glenorie's most sought-after areas.
Features: - Dual-zoned 1.56-hectare site offering both RU6 and R2 classification - High-exposure corner opposite Glenorie Public School and beside Woolworths - Four existing residences and a retail office with holding income or strategic use potential - Concrete plant and telecom towers delivering strong rental yield - RU6 portion spans approximately 1.16 hectares with future-use upside (STCA) - Multiple avenues for redevelopment, rezoning or long-term land banking - Located just 20 minutes from Castle Hill and under an hour to Sydney CBD
Contact your friendly Cutcliffe agent today for more information or to arrange an inspection.
Expressions of Interest
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Licensed Real Estate Agent/Buyer Manager