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Austral NSW 2179
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Sold on 2 Sep 2024

Austral NSW 2179

  • Rural / Farming
  • 7.08 ha
  • Sold, $39,000,000

117 Residential Lots DA APPROVED

    Romic Moore Property is proud to present 505 - 535 Fifteenth Avenue, Austral, one of the most significant DA approved development sites in Southwest Sydney.

    This exceptional property, zoned R2 low density residential, offers a rare opportunity for discerning developers and investors. Backing onto the 15th Avenue Smart Corridor, which seamlessly links Austral with the new Western Sydney Airport, this site represents a strategic and highly desirable location for residential development.

    With DA approval for 117 residential lots, the site encompasses over 17.5 acres* of mostly level, flood-free land, ensuring ease of development and maximum yield of the available space. This prime development site is ideally positioned within close proximity to a variety of essential amenities, including both public and private schools, shopping centres, cafes, and major infrastructure upgrades. The location benefits from excellent connectivity, with easy access to the M5 and M7 motorways, enhancing its appeal to potential homeowners and investors alike.

    Significantly, over 60% of the lot sales have already been pre-sold at very attractive rates, with 71 of the 117 lots secured by eager buyers, demonstrating the strong demand for this promising development. This pre-sale success underscores the attractiveness of the project and the premium buyers are willing to pay for this prime location.

    In addition to its superb location and excellent amenities, the property boasts close proximity to public transport, including train and bus services just minutes away, and easy access to major arterial roads. Local shopping villages, restaurants, and numerous exceptional primary and secondary schools further enhance the convenience and lifestyle appeal of this outstanding development site.

    Key Highlights:
    - R2 zoning for low density residential development.
    - DA approved for 117 residential lots.
    - Over 17.5 acres* of mostly level and flood-free land.
    - Backing onto the 15th Avenue smart corridor, linking Austral with the new Western Sydney Airport.
    - Close proximity to schools, both public and private, shopping centres, cafes, and major infrastructure upgrades.
    - Easy access to the M5 and M7 motorways.
    - Over 60% of the lots pre-sold at attractive rates (71 out of 117 lots).
    - Excellent public transport links, including train and bus services.
    - Close to local shopping villages, restaurants, and exceptional primary and secondary schools.

    *approximately

    Property Highlights

    Date Sold2 Sep 2024
    Sold Price$39,000,000
    Floor AreaAsk Agent
    Land Area7.08 ha
    ParkingAsk Agent
    Property ID2019464745
    Category
    Last updated  4 Sep 2024
    Map for Austral NSW 2179

    Property Highlights

    Date Sold2 Sep 2024
    Sold Price$39,000,000
    Floor AreaAsk Agent
    Land Area7.08 ha
    ParkingAsk Agent
    Property ID2019464745
    Category
    Last updated  4 Sep 2024

    Co-Agents

    Slavko Romic
    RomicMoore Property
    Call
    0422 683 007

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