Price Undisclosed

0 Bed  •  0 Bath  •  0 Car  •  288621.800045568m²

Main view of Homely land listing, Address available on request
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Third view of Homely land listing, Address available on request
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Sold

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Price Undisclosed

  • 0
  • 0
  • 0
  • 288621.800045568m²

Land Sold on Mon 20 Jun, 2016

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Land description

“A HUGE DEVELOPMENT OPPORTUNITY.....PENRITH REGION..”

* 451 to 563 lots = as many as 676 dwelling sites from 28.863 hectares or 71.32 acres. Total realization of about or at least $190,000,000.00 to $200,000,000.00 or more for the developed land only. That's right, near to $200 million without building a dwelling, so if you would like to drag more out of it by building as well as the land subdivision, you can then add substantially more to these figures. A Prime residential staged development in an ideal location along side the University of Western Sydney, established residential to one side and a completed new estate to the other. Minutes to railway stations, minutes to the new on / off ramps for the M4 motorway, St Marys CBD, Penrith CBD and roughly 20 minutes to the new Badgery's Creek Airport... Just to mention a few things... A massive opportunity... Expressions of interest sought. This property is just as good as you could possibly ask for and those few adjoining properties to this project that are not included in this offering, are interested in seeing what arrangements we can come to with the eventual purchaser/s if they are interested in securing there properties also. Margin scheme to be utilized for the g.s.t. Very keen to know what you would pay for it...

Municipality

Penrith

Land details

Area: 288621.800045568m²

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