Lot 141 Charles Macintosh Parkway Cobbitty NSW 2570

On behalf of Mirvac, Shear Property Group is pleased to present Lot 141, Charles Macintosh Parkway, for sale via Expressions of Interest.

A proposed 2,139sqm of R1, General Residential Zoned land within the upcoming estate, part of a circa 900 Lot Housing estate, adjacent to 'Oxley Ridge' (a 4,500 new home estate), located in a high Childcare Utilisation catchment with proven occupancy and strong 0-5 year old population forecasts.

The site has been purposefully allocated within the meticulously designed master planned community, providing 3 street frontages, excellent street exposure, adjacent to a proposed school site**, in close proximity to the existing and sought after 'Macarthur Anglican School' (K-12), a future neighbourhood centre and potential incoming infrastructure in the immediate and wider area.

In a catchment which has seen unprecedented growth, limited opportunities for incoming Childcare developments and a well designed master-plan, this site would suit developers and owner-operators looking to secure long term prospects within concentrated growth precincts which should house young families for years to come in the ever emerging Greater South West Sydney area.

Key insights include:
- Incredibly Strong Childcare Centre Metrics - Average Daily Fees within the catchment in excess of $140, with fees as high as $165 as of Apr-24 in the catchment. Limited availability with a number of centres showing high occupancy and strong ratios
- High Portion of Working Families & Parents with Low Unemployment Rates and high Participation Rates recorded in the wider area as per recent ABS Figures
- Strong underlying residential land values and demand demonstrated in the precinct and the wider area
- Ever evolving infrastructure including roads, schools, amenities & rail. New Precincts planned within the wider area increasing the population and housing supply for years to come

Shear are seeking Expression of Interests from the market to purchase this truly premium opportunity by email no later than 5pm on the 22nd May, 2024. For more information please contact the managing agent on the details below:

* Lot Registration Expected December-2024, Design of Proposed development to be reviewed and approved by Mirvac to ensure compliance with community master plan guidelines prior to DA Submission
**Please note that the existence of the school and/or its timing are at the discretion of the NSW State government and are not within Mirvac's control