On behalf of FTI Consulting, as Receivers and Managers, Knight Frank and CBRE are pleased to offer for sale 'Box Hill Town Centre', a DA approved development opportunity located at 29-31 Terry Road, Box Hill NSW.
The 4.33 Ha freehold site is a single title offering, benefitting from Development Approval and partially constructed for a supermarket anchored neighbourhood shopping centre totalling 21,513 sqm GLAR and 660 apartments, above two-level basement car parking.
- Large freehold site of 43,320 sqm
- Approved major retail GLAR of 21,513 sqm
- DA approved for 660 apartments across 61,416 sqm of GFA
- AFL to major anchor
- An established low-density precinct
- Incoming amenity, education, and employment opportunities
- Well connected by Sydney's orbital road network through old Windsor Road
- Rapidly growing population with an expected 30,200 residents by 2036
This opportunity provides developers and retail investors with the chance to capitalise on the continued undersupply of apartments in metropolitan Sydney, as well as ongoing population growth in an emerging greenfield market that requires retail amenity to match the under-supply due to population growth.
*All figures are approximate