JLL as the exclusive selling agent is pleased to offer Castle Corner (18-20 Old Castle Hill Road, Castle Hill) For Sale by Expression of Interest closing Thursday 4th April 2024 at 3pm (AEDT).
18-20 Old Castle Hill Road is a remarkable development site ideally positioned within the heart of the Castle Hill town centre. This is a region which has experienced substantial growth and is the beneficiary of substantial ongoing public and private investment. Comprising a 2,538 sqm* site over three titles and three frontages, the site benefits from an incentivised uplift in planning controls offering a potential maximum GFA of 12,182 sqm* (STCA).
Development highlights include:
•2,538 sq m* freehold development site within the heart of Castle Hill
•Favourable R1 – General Residential zoning allows for a range uses
•FSR of 4.8:1 with the potential to yield up to 12,182 sqm* of GFA (STCA)
•Premier location with an abundance of primary and secondary schools, health precincts, leisure amenity and commercial precincts all within immediate proximity
•A mere 400m* stroll to Castle Hill Metro Station – 33mins* to Sydney CBD
•Occupying an unrivalled position only 200m* from Castle Towers Shopping Centre
•Situated in the heart of Castle Hill town centre which has experienced remarkable growth and infrastructure investment
•Castle Hill’s dwelling composition comprises only 15% apartments, and has experienced a strong 19.2% growth in median apartment sales price and a 14.3% increase in median apartment rental price y-o-y¹
•An immense 34% population growth forecasted in the Hills Shire region between 2021 to 2036²
•Strategic landholding that presents an amalgamation opportunity with adjoining site at 16 Old Castle Hill Road
* Approximate only
STCA – Subject to Council Approval
¹ REA Jan-2024
² Forecast ID Hills Shire Council
Castle Corner is For Sale by Expressions of Interest, closing Thursday 4th April 2024 at 3pm (AEDT). All enquiries, information requests, inspection arrangements and lodgement of offers are to be directed to the exclusive selling agents.
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