A new listing on Development Ready that’s attracting increasing amounts of attention is the substantial 21,678 m2 site at 49 Terry Road, Rouse Hill, NSW. Marketed by the Knight Frank team of Mark Litwin, Grant Bulpett and Linda Zhu, this offering really is an opportunity to develop a significant residential project.
Learn more about this exciting project - including the key features of the planned development, along with important factors to consider with this prime location.
The Potential of the 49 Terry Road Site
With an imminent DA for 311 modern townhouses and apartments, 49 Terry Road promises a fantastic development opportunity.
This proposed medium-density complex will consist of marketable two-bedroom apartments, along with a boutique collection of townhouses spread across 3 buildings over 4 levels.
What’s promising about this project is the vision behind it, led by acclaimed architects DKO. This architecture firm focuses on sustainability and the integration of internal and external living spaces. They have designed a number of architectural icons including Melbourne’s “leaning tower”, Marina Tower.
The Potential for Property Developments in Rouse Hill
A historical neighbourhood with settlement dating back to 1802, Rouse Hill did not undergo significant development until the late 1990s - yet since then, there has been a spate of developments.
Already known as a prestigious suburb, the median house price in Rouse Hill is currently $1.1 million (Core Logic), up 14.9% over the past year, with demand for new housing ever present.
This development site holds plenty of allure, with a location just 700 metres from Rouse Hill town centre, and another 700 metres from the train station.
With just a 45 minute train journey to Martin Place and all but 15 minutes by train to Macquarie Park and University, this is a location is ideal to help serve the suburb’s projected population increases and long term job prospects.
And, of course, with the Sydney Metro rail extension set to open here in 2019, Rouse Hill as a location is on the rise!
" Development sites of this proportion with an imminent DA for 311 residences and in proximity to a host of amenities plus easily accessible to Sydney’s CBD are in short supply. Combine this with Rouse Hill’s increasing buyer demand and you really have a superb development opportunity." - Mark Litwin, Knight Frank.
Check Out This Opportunity Today!
49 Terry Road, Rouse Hill is for Sale via an Expressions of Interest closing 4pm Tuesday, 5 December 2017.
For more detailed information you can arrange a meeting with the Knight Frank team by contacting:
Mark Litwin: 0415 742 605
Grant Bulpett: 0415 558 226
Linda Zhu: 0488 082 909
Alternatively, you can view there property HERE