Box Hill Town Centre Development

Price: $125,000,000 Location: Western Sydney, NSW Ref: 4011778
Agent:
John Emmery
Agent Phone:
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Property Headline :
Box Hill Town Centre Development
Price :
$125,000,000
Category :
Development, Land
Full Description :

This is a rare ground-floor opportunity to take part in a DA approved 674 unit development combined with 19,500 retail space, in Box Hill in Western Sydney.

9 buildings from 4-6 storeys over 2 levels of basement parking for 1,301 vehicles.

Box Hill is located within the North West Growth Area.

This Growth Area has been designated by the NSW Government as the leading and largest Growth Area in the State, eventually accommodating 70,000 new homes over 10,000 hectares.

The population of the two precincts containing the North West Growth Area, Blacktown and The Hills, is forecasted to grow from 512,000 in 2016 to 764,950 in 2036, an increase of 49%

In March 2013, it was announced that the Box Hill & Box Hill Industrial Precincts had been rezoned to include:

  • Land for approx. 9,600 homes
  • 1 new town centre
  • 3 village centres
  • 133 hectares of employment land
  • 58 hectares of open space and recreation areas
  • New primary and high schools
  • Upgrades to major roads

Box Hill is located 4 kms from Rouse Hill Town Centre.  From 1st Half 2019, Rouse Hill will be connected to the rail network, e.g. 46 minutes to Martin Place in the City.

The second Sydney Airport, at Badgerys Creek, will be 38 km by road from Box Hill. This project has been approved by the NSW Government and is forecast to be operational by 2025 resulting in the need for significant urban and infrastructure development.

Box Hill’s population today is estimated at 1,083, and is forecast to grow to 23,100 by 2036.

 

To receive further information please complete the below registration: http://www.abbagroup.com.au/?p=4011778#enquire-now

To receive further information please complete the below registration: https://www.abbagroup.com.au?p=4011778#enquire-now

Total Land Area : 3 Hectares

Zoning : B2 and SP2

Tenancy : Vacant Possession

Reason for Sale : Development Site

Location : Box Hill

Business Potential : Significant

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