Castle Hill Showground – Large Development Site Opportunity

Attracting the attention of some of Australia's largest developers, Castle Hill is one of Sydney's most desirable property hot-spots for very good reason.

Surrounded by world class primary and secondary schools, shopping centres, golf courses, parklands and transport, The Garden Shire is the place to be for families, investors and downsizers.

Located on *13,508m2 of land, comprising of fourteen residential properties, with room to expand to 16 properties, this is one of the last available development sites over 10,000m2 located in the Castle Hill Showground Precinct.

Zoning:

- R4 Residential High Density
- Base FSR 1.6:1 Incentivised FSR 2.3:1
- Max Building Height 21m

*Potential amendments to affordable housing provisions under the Housing SEPP to introduce a new floor space bonus of 30% and a height bonus of 30% for residential development sites valued at more than $75Million with at least 15% affordable housing (note: affordable housing gross floor area is required to be used for affordable housing purposes for a minimum period of 15 years).
ref. https://www.planning.nsw.gov.au/policy-and-legislation/housing/housing-sepp

Location:

- 30km* Northwest of Sydney CBD
- 300m* to Showground Metro Station
- 2km* to Castle Towers Shopping Precinct
- 1.5km* to Castle Hill Golf Course
- 2km* to Norwest Business Park

With population and jobs expected to soar over the next decade, now is the perfect time to secure your next development site in Sydney's Northwest.

I welcome you to contact me via e. chris.decelis@theavenuere.com.au or m. 0430 119 600 for an information memorandum or for more information regarding this exciting development opportunity.

This development site is being sold via Expressions of Interest with a closing date of 30th November 2023 (If not sold prior).

All information contained herein is gathered from sources we believe to be reliable. However, we cannot guarantee its accuracy and interested persons should rely on their own enquiries. (*Approximate)

overview

  • 7802207
  • Expressions of Interest
  • Land
  • For Sale
  • Castle Hill
  • 13508 sqm