Flexible development site in master planned estate comes to market

An incredibly sought-after mixed-use development site situated in one of Sydney’s fastest growing regions has come to market.

The two parcels of land totalling 13,496sqm located within an award-winning master planned community estate comes with B4 Mixed Use zoning and provides flexible possibilities including retail, childcare, multi-dwelling housing, shop top housing, health services and much more.

The two sites at E & 71 The Hermitage Way in Gledswood Hills have valuable main road frontage providing excellent visibility and accessibility, making it an attractive prospect for both commercial and residential outcomes.

The Colliers team of Frank Oliveri and Joe Sacco have the listing, with price expectations in excess of $20 million.

“This exceptional opportunity to acquire a substantial landholding, with the right vision, will empower a developer to meet the diverse needs of a flourishing and rapidly expanding community in the highly sought-after location of Gledswood Hills,” Mr. Oliveri said.

“Through Federal, State and Local Government funding and initiatives, South Western Sydney has undergone dramatic demographic and economic change over the past decade and is expected to continue this rapid change in the foreseeable future,” Mr Sacco added.

Gledswood Hills is located approximately 60km southwest of the Sydney CBD, with the region benefitting from strong government investment into improving the infrastructure of the area.

Infrastructure projects currently underway include a $4.1 billion investment program to upgrade The Northern Road, as well as the new private hospital The George Centre in Gregory Hills. It is also on the doorstep to both the Western Sydney Airport and Western Sydney Aerotropolis.

E & 71 The Hermitage Way Gledswood Hills are for sale via Expression of Interest closing on Thursday, 31st August 2023 at 10:00 am (AEST).