Approximately 276 hectares of strategic land in the rapidly expanding South Western Sydney region is set to provide an unprecedented opportunity after coming to market.
The incredible site at 460 Brooks Point Road in Appin is situated in an area that the NSW Government has initiated 10 land rezonings, with Appin being referenced as 1 of 10 locations where the NSW government is to be responsible for assessing the planning proposals.
Appin is set to benefit in the long term from the NSW Government’s newly announced $73.5 million Rezoning Pathway Program as part of their $2.8 billion Housing Package to cater to the demand for dwellings in the region.
The property is listed exclusively with the Colliers team of Joe Sacco and Frank Oliveri on behalf of Blight Investments.
“Opportunities of this scale and size are highly contested in this precinct. 460 Brooks Point Road will allow the incoming purchaser the opportunity to lodge a rezoning application to masterplan the site, with urban design analysis suggesting it has the potential to deliver over 1,800 lots,” Mr Sacco said.
The property is neighbouring the current planning proposal lodged by the Walker Corporation in December to rezone the Appin (Part) Precinct for approximately 12,000 dwellings.
“South-Western Sydney and primarily the Macarthur region is experiencing a surge in development activity and rezoning applications in recent times, with land holdings of this size an extremely limited offering to the market,” Mr Oliveri added.
Appin forms part of the Greater Macarthur region and is set for urban redevelopment in the long term. The NSW Government has identified Greater Macarthur as a state-led strategic planning project that will involve early investigation and high-level planning, which will be used to inform future rezoning processes.
The site is located just 23kms from the Campbelltown CBD and 50kms from the Western Sydney Airport at Badgerys Creek.
460 Brooks Point Road in Appin is for sale via an Expression of Interest Campaign closing Tuesday, 27th April at 12pm (AEST).