A one-of-a-kind opportunity has arisen to secure a DA-approved site for 133 lots in the flourishing Gregory Hills community of South-West Sydney. This sought-after property is now on the market, presenting a rare and unique chance for developers and investors to capitalise on the rapid growth of this region.
Situated at 139-143 & 165 Turner Road, the expansive 16.8-acre site boasts an impressive 450-metre frontage on Turner Road and is conveniently close to Gregory Hills Town Centre. This prime location is zoned for residential development and offers exceptional potential for a range of quality housing options.
Real estate firms Colliers and JLL are overseeing the sale of this exceptional site. Thomas Mosca from Colliers emphasises that opportunities like this seldom come to market. “The DA-approved site for 133 lots in Gregory Hills represents an unparalleled chance for investors and developers to make their mark in one of Sydney’s fastest-growing regions,” he said.
Nick Estephen, also from Colliers, further highlights the site’s appeal, stating, “Gregory Hills is a popular destination for homebuyers and renters alike, offering an ideal blend of urban convenience and rural charm.”
The site is conveniently located near schools, shopping centres, parks, public transport, and various amenities while maintaining easy access to the Sydney CBD, Campbelltown, and Liverpool.
Dylan McEvoy from JLL adds, “This property offers remarkable potential for capital growth and rental yield due to the increasing demand for housing in Gregory Hills.” Gordon McFayden, also from JLL, explained, “Gregory Hills is a master-planned community centred around its residents, fostering a friendly and welcoming environment. The area hosts a variety of community events and activities, as well as a diverse range of housing options, from affordable flats to spacious family homes.”
The site presents an ideal opportunity for developers aiming to deliver a top-notch residential project tailored to the needs and desires of the local market. Additionally, the site provides flexibility and scalability, allowing for phased development or comprehensive construction. The property is expected to generate significant interest from both local and national developers and investors. The expressions of interest campaign concludes in late April 2023.