STATUTORY TRUSTEES APPOINTED - DEVELOPMENT OPPORTUNITY WITHIN THE NORTH WEST GROWTH AREA
For Sale by Expressions of Interest Closing 19th July 2018 at 4pm AEST.
Under instructions from Bruce Gleeson and Daniel Soire as Statutory Trustees Appointed, Colliers International is excited to present to the market 68 Terry Road, Box Hill NSW 2765 (subject site) for sale via Expressions of Interest.
The subject site presents developers an extraordinary opportunity to secure a 2-hectare site with a rare opportunity to acquire a substantial land holding in the heart of Box Hill, a strategic suburb that is part of the North-West Land Release Area. The Box Hill revitalisation plan will give way to a new town centre, three village centres as well as add an estimated 9,600 dwellings and circa 30,000 new residents. Given these infrastructure changes, this property gives an incoming purchaser the ability to strategically position themselves to take advantage of the Box Hill revitalisation due to be rolled out over the next 5-10 years.
This development opportunity offers the following key features:
- Regular shaped development site comprising of a total site area of 2.02Ha (20,234sqm*)
- Substantial 51m* street frontage to Terry Road
- 1.5km* from the future proposed Box Hill Town Centre
- R2 low density residential and SP2 infrastructure zonings -
- In close proximity to local amenities including Rouse Hill Town Centre (5.6km*), Riverstone Town Centre (5.6km*) and 12.6km* from Marsden Park Industrial Park (including IKEA and Costco)
- The subject site is situated nearby reputable education establishments as well as key employment hubs including Riverstone High School (5.1km*), Norwest Christian College (5km*), Norwest Business Park (14km*) and Blacktown CBD (18km*)
- Bustling North West growth area
Expressions of Interest closing 19th July 2018 at 4pm AEST.
Please contact the exclusive agents for an Information Memorandum.
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