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192 Racecourse Avenue
Menangle Park NSW 2563
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Sold on 11 Aug 2021

192 Racecourse Avenue Menangle Park NSW 2563

  • Development / Land
  • 1.01 ha
  • Sold, $3,810,000

Development Opportunity Already Zoned R2

This property is currently tenanted, private inspections can be arranged via Steve Arentz, please respect the tenant's privacy and do not go on to the property without prior appointment.

Recently rezoned by the State Government for R2 Residential, with a minimum lot size of 420m2, is this 10,100m2 block offering a lucrative opportunity for a savvy developer to build a profitable residential project.

This development is within walking distance to local shops, Club Menangle Race Track and the proposed upgraded train station. Ideally located 800m from an established daycare centre and less than 10 minutes drive to Macarthur Square and the University of Western Sydney. The city of Camden is less than 15 minutes away.

Future proposed infrastructure includes the train extension to Menangle Park, town centre, and entry/exit onto the freeway via Glenlee Road. These changes will make the city and the airport even more accessible, as residents can bypass Campbelltown and Macarthur altogether.

The land currently features two dwellings. The first dwelling is a double brick home with three bedrooms, two bathrooms, high ceilings and a large kitchen and spacious living areas. It also has a teenage retreat or in-law accommodation, which means four bedrooms under the main roof. The second dwelling is separate and is a fully self-contained granny flat with two bedrooms, a large lounge, a well-appointed main bathroom and an oversized tandem garage.

This pristine land gently slopes towards the road and is as good a block as you will find in this exciting emerging growth centre.

This property is a superb development opportunity located in the heart of the master plan for Menangle Park.

YES - 10,100m2 of pristine land
YES - Approved R2 Residential Zoning
YES - 'Standard lot' suitable (min 420m2 per lot)
YES - Walk to Tab Corp Park & Railway Station

* Harcourts has made every effort to obtain the information regarding these listings from sources deemed reliable. However, we cannot warrant the complete accuracy thereof subject to errors, omissions, change of price, prior sale or withdrawal without notice.

Property Highlights

Date Sold11 Aug 2021
Sold Price$3,810,000
Floor AreaAsk Agent
Land Area1.01 ha
ParkingAsk Agent
Property ID2017055389
Category
Last updated  12 Aug 2021
Map for 192 Racecourse Avenue Menangle Park NSW 2563

Nearest transport* to 192 Racecourse Avenue Menangle Park NSW 2563

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Property Highlights

Date Sold11 Aug 2021
Sold Price$3,810,000
Floor AreaAsk Agent
Land Area1.01 ha
ParkingAsk Agent
Property ID2017055389
Category
Last updated  12 Aug 2021

Listed by

Harcourts The Property People
Call
02 4628 7444

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