UrbanGrowth NSW in conjunction with their exclusive agents Ray White Commercial NSW is seeking Expressions of Interest to purchase two residential and mixed use development sites in one of Sydney's fastest growing regions. The sites are located only minutes away from Penrith Train Station and Westfield Shopping Centre. The offerings provide an opportunity to be a part of an exciting urban transformation not only of Penrith's City Centre, but also the surrounding region with major government infrastructure proposed over the next 10-15 years.
Package 1 and Package 2 are cleared, levelled and serviced land ready for development (subject to approval from relevant authorities). UrbanGrowth NSW has prepared concept plans which show a potential for 146 apartments (Package 1), and 121 apartments (Package 2). These concepts have been prepared as a guide to demonstrate indicative yields and design solutions, and will be made available to purchasers.
The land is being offered for Sale via a two stage sale process. Stage 1 being Expressions of Interest which is likely to be followed by Stage 2 Invitation to Tender.
Stage 1 Expressions of Interest will close 3.00pm (AEST) Wednesday, 23 September 2015.
Additional highlights outlined below:
- Package 1 and Package 2 for sale in one line or separately
- Zoned R1 Residential and B2 Local Centre
- Regular express trains can be taken to Parramatta
- Close to Penrith Railway Station and Westfield
For sale via Expressions of Interest closing 3pm (AEST) Wednesday, 23 September 2015.
For more information please contact the below agents.
Jeff Moxham
Managing Director
Ray White Commercial NSW
0413 838 339
02 9249 3725
jmoxham@raywhite.com
Scott Timbrell
Associate Director
Ray White Commercial NSW
0423 379 007
02 9262 3737
stimrbell@raywhite.com
*Approximately