A private investor is preparing to bring to market two adjoining parcels of land at 210 O’Riordan Street, a prominent corner holding with three street frontages, positioned immediately before Sydney Airport, with price expectations north of $30 million.
The site’s standout appeal lies not only in its airport-adjacent gateway positioning, but in the strength and maturity of its existing planning approvals. The corner site is underpinned by an approved DA for a 13-storey commercial office tower, providing an FSR of 7.28:1. The approval accommodates approximately 10,800 sqm of office space supported by around 187 car spaces, on a site area of approximately 2,100 sqm.
Importantly, the office approval has achieved physical commencement status, approved in Land & Environment Court, providing a level of delivery certainty that is increasingly rare in Sydney’s current planning environment.
The approved scheme is effectively a boundary-to-boundary building, fully utilising the site and underpinning its value for buyers who place weight on approved density rather than speculative outcomes.
The offering also includes an adjoining parcel of approximately 1,100 sqm, which is being marketed together with the corner site to provide future flexibility. With its own DA in place, this site can either be integrated or activated as a free-standing development.
Over the past decade, Mascot has evolved into one of Sydney’s most active mixed-use precincts, underpinned by direct airport access, major road and rail connectivity and a substantial surrounding employment and residential catchment.
That evolution has occurred against a backdrop of severe land scarcity, with employment-zoned land effectively exhausted and competition intensifying for sites capable of accommodating scale, intensity and long-term optionality.
Tom Barnier of Cushman & Wakefield, who is selling the site with colleagues Nick Mallett and Jake Smith, said the depth of planning optionality and gateway positioning sets the opportunity apart.
“With a physically commenced approval on a corner site of this calibre, buyers are acquiring something increasingly difficult to replicate,” Mr Barnier said.
“Developers assess value through approved density and certainty, and this site offers both, alongside genuine flexibility around how and when capital is deployed.”
Development pipelines across Sydney have moderated as construction costs, financing conditions and risk appetite recalibrate. In that environment, sites that already carry approvals and allow owners to respond to demand cycles, rather than force immediate delivery, are increasingly favoured.
Nick Mallett of Cushman & Wakefield said the opportunity represents a strategic foothold rather than a single-use proposition.
“This is a gateway site with real substance behind it. The approvals in place provide clarity, while the broader holding allows buyers to think strategically about future outcomes as the market evolves.”
Jake Smith of Cushman & Wakefield said early interest has come from private developers, offshore capital and planning-led investors who understand the scarcity of last-mile sites adjoining major infrastructure nodes.
“This opportunity is grounded in what already exists, the location, the approvals and the planning certainty,” Mr Smith said.
210 O’Riordan Street, Mascot is being offered for sale via an Expressions of Interest campaign opening in February 2026 through Tom Barnier, Nick Mallett and Jake Smith of Cushman & Wakefield, in conjunction with Peter Anderson of Peter Anderson Real Estate.
