CBRE is pleased to offer this large scale, masterplanned community within the suburb of Huntley, near Wollongong.
The property presents a rare opportunity for an incoming developer to secure a highly regarded, large scale, active residential subdivision in the Illawarra region.
'Forest Reach' benefits from the following key features;
+Site area of 99.028 hectares
+Staged residential development within the 'Forest Reach' masterplanned community by Stockland, which is under development*.
+On completion, the balance of 'Forest Reach' will comprise 885 dwellings, which is proposed to include 108 integrated dwellings (duplexes/terraces), 519 residential lots, 22 large lifestyle residential lots and 236 Land Lease Community home sites**
+Subject property will be sold as an active residential subdivision with current Development Approvals and Development Applications under assessment
+Costed project, with some contracts having been let and civil works underway
+The masterplan provides scope for a variety of living options for all buyers and stages of life, with standard residential lots, large lifestyle residential lots, integrated dwellings (duplexes / terraces) and a proposed Land Lease Community (LLC) precinct (STCA)
+Integrated and well-connected design which is close to nature and local amenity
+Services have been amplified and are available for connection to the Central and Northern precincts
+Repositioning opportunity for the Land Lease Community (LLC) precinct to be delivered as a conventional residential land subdivision yielding approximately 226 dwellings including 180 residential lots and 46 integrated dwellings
* Stages 1, 2 and 3a have been developed and do not form part of the sale.
** The balance of the 'Forest Reach' masterplanned community comprises Stage 3B to Stage 18
'Forest Reach', Huntley NSW is being offered for sale via Expressions of Interest Campaign closing on Thursday, 7 November 2024 at 4pm (AEDT).
For more information please contact the exclusive agents:
Ben Wicks
0422 206 015
ben.wicks@cbre.com.au
Alex Mirzaian
0400 523 523
alex.mirzaian@cbre.com.au
Andrew Sukkar
0432 082 628
andrew.sukkar@cbre.com.au
