Agents suggest WestConnex helps smash Cabarita waterfront record

Agents suggest WestConnex helps smash Cabarita waterfront record
Agents suggest WestConnex helps smash Cabarita waterfront record

A record price for a waterfront property in Cabarita, located on the Parramatta River, has been linked to the development of the WestConnex motorway.

The contemporary double storey, waterfront home, located at 11 Collingwood Avenue was sold at auction by Ross Musso and Dib Chidiac of Raine & Horne Concord for $5.413 million.

It smashed the previous suburb record by $413,000.

“The WestConnex is the largest ever urban transport project in NSW history and buyers are recognising that the infrastructure improvements will halve travel times to the Sydney CBD,” says Mr Chidiac.

The M4 Widening project involves converting the three lane M4 motorway from Parramatta to North Strathfield to four lanes. The M4 will be extended from Concord Road, North Strathfield to the City West Link at Haberfield via a 5.5km tunnel that will have three lanes in each direction under Parramatta Road (‘M4 East’).

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Sydney Home Sales

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