CBRE and MMJ have been appointed by Barry Kogan and Jonathan Henry from McGrathNicol in their capacity as Receivers and Managers, to market the former Avondale & Huntley Collieries at Avondale, near Wollongong.
Avondale is a well-regarded, rural residential area in the Illawarra region of New South Wales, being approximately 100 kilometres south of Sydneys CBD.
The Property presents a great opportunity for an incoming developer to re-engineer the existing Development Approvals, Masters Plans and Neighbourhood Plans in order to maximise the number of residential allotments and profitability of the project. Rarely does a property of this scale and potential come to the open market.
The site has the potential for over 360 residential allotments, subject to Approval.
Key Features: Large land holding of 495 hectares Current urban zoning Existing Development Approvals Elevated position with Escarpment and district views Main road frontage and access Located in one of the fast growing regions of NSW * approx This development opportunity is for sale via an Expression of Interest campaign.
All Expressions of Interest are to be submitted in writing to either CBRE or MMJ by Tuesday 27 October 2020 at 4pm (AEST).
For more information please contact the exclusive agents: Ben Wicks 0422 206 015 Scott Gray-Spencer 0400 222 226 Geoff Jones 0418 421 074 Travis Machan 0447 300 800
