Super lot opposite Castle Towers Shopping Centre in Castle Hill listed

Super lot opposite Castle Towers Shopping Centre in Castle Hill listed
Super lot opposite Castle Towers Shopping Centre in Castle Hill listed

A vast residential site in Castle Hill, opposite the Castle Towers Shopping Centre, has been listed for sale.

The site, comprising 40 townhouses and two houses, is being offered as one 11,590 sqm land parcel.

The property at 20-22 Pennant Street and 17-19 Larool Crescent has a potential gross floor area of 30,000.

It has been identified as a key site under the planning proposal for Castle Hill North Precinct.

Adjacent to Castle Towers Shopping Centre, the site is near the future Castle Hill train station.

Super lot opposite Castle Towers Shopping Centre in Castle Hill listed

JLL agents David Mathews, Sam Brewer and Jarrod Murphy are marketing the property via expressions of interest which close October 24.

"This is a really compelling offering and we expect to see interest from a broad purchaser pool including domestic, national and international developers,” Sam Brewer said.

“We’ve seen developers focusing on prime locations in 2017, and the proximity to the Castle Towers Shopping Centre and to the Castle Hill Train Station will also attract interest."

David Mathews said they are expecting strong interest for the opportunity.

"Demand is still strong for higher density housing," he said.

"Sites close to transport and essential amenities continue to be favoured by developers."

 



 

 

 

 

Joel Robinson

Joel Robinson

Joel Robinson is a property journalist based in Sydney. Joel has been writing about the residential real estate market for the last five years, specializing in market trends and the economics and finance behind buying and selling real estate.

Tags: 
Residential Site Castle Hill

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