Colliers proudly announces the sale of a 5-acre parcel of land located in the thriving suburb of Orchard Hills.
The sale, which unfolded during an electrifying auction over the weekend, has captured attention for its notable achievement in an otherwise steady real estate market.
The property’s significance lies not only in its sprawling 5-acre expanse but also in its exceptional positioning opposite the upcoming Orchard Hills Metro Station, currently under construction and anticipated to open in 2026.
This unique block of land, yet to be rezoned, drew the attention of seasoned property investors who recognized the unparalleled potential it holds.
The auction saw an impressive turnout of 86 attendees, including 12 enthusiastic bidders who vied to secure this outstanding piece of real estate. As the gavel fell, the property commanded an astounding $15,050,000, soaring an impressive $3,550,000 above the reserve price—a testament to the enduring demand from discerning property investors.
“This sale showcases the unwavering demand from property investors seeking to acquire exceptional real estate assets,” Colliers Director Thomas Mosca said.
“It underscores the importance of partnering with an agency that has the expertise to identify the right target audience, generate competitive interest, and foster an environment conducive to achieving incredible results.”
“The Orchard Hills market attracted interest from over 150 enquiries, which was one of the best preforming campaigns right now – defying current market sentiment,” Colliers Director Nick Estephen added.
“We have seen an increase in enquiry from people largely around the massive investment by the state government to deliver these important pieces of infrastructure for the residence of Western Sydney. Projects such as the Western Sydney International Airport, and the new Metro Stations to support it, including Orchard Hills.”
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