For the first time in 30 years, this 33.5 ha site is for sale through Knight Frank’s James Reeves, David Morris, and Grant Bulpett.
Strategically located between regional centre Rouse Hill and new town centre Box Hill, the expansive site is situated within the priority growth corridor of North-Western Sydney, and is set to benefit from the substantial amount urban infrastructure currently underway in the area.
As one of the single largest lots to be offered for sale in the area, 285-297 Annangrove Road is expected to draw strong interest from developers looking to be a part of the significant growth in the area, according to Knight Frank’s Grant Bulpett, Senior Sales Executive of Metropolitan Sales, Western Sydney.
“It’s not often we see sites of this size that are zoned for multiple uses come to market, so we anticipate it will draw significant interest from large scale developers. Currently raw farm land, only used for cattle grazing, the future owner will be well positioned to unlock the significant value potential of the site through redevelopment," he said.
Knight Frank’s Director, Industrial, Western Sydney, James Reeves, told WILLIAMS MEDIA he hopes the market realises the full potential the site has to offer.
"With 50 per cent of the site zoned for non-residential use, the land provides massive potential for hospitals, schools, shopping centres," he said.
"We've already had strong interest in the site, and we expect to receive further interest once it's on the market.
“The Rouse Hill area is at the coal-face of urban infrastructure with the development of the Northwest Rail Line and the Northwest Skytrain set to contribute to the establishment of the precinct as a major hub in the Northwest. The scale of this super lot might be one of the only opportunities in the area for a fully integrated community orientated development which in addition to a masterplanned residential precinct could include hospitals, universities and associated uses," he said.
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