13 Derria Street Canley Heights NSW 2166

Vacant land for duplex | Canley Heights infill | 443sqm flood overlay | ready-to-build development site. The buying case here is defined by scarcity of duplex-zoned land in a mature infill corridor within Fairfield council. The property is effectively a cleared development site with historical records confirming a 443-448sqm lot, which is the critical threshold for dual-occupancy yield in this LGA. The location near Canley Vale Public School and local retail strips supports rental demand for compact family units. This property suits a developer or experienced investor seeking a straightforward build-to-hold or build-to-sell duplex project, where the land cost is already below replacement value for a cleared site in the area. The primary risk is the flood overlay, which may increase civil engineering costs, delay approvals, or restrict floor levels and stormwater design. This overlay is a known cost, not a prohibitive one, and should be factored into feasibility modelling at the outset. The opportunity lies in the council’s current appetite for medium-density infill and the absence of heritage or bushfire constraints. The property should be held as a development site and progressed through DA as soon as possible to capitalise on current construction cost windows and buyer demand for new duplex product in Canley Heights.