DA Approved Residential and Neighbourhood Centre Subdivision
Colliers are pleased to present one of the last development opportunities in Elderslie to the market for sale. This property provides the opportunity to secure a rare development site comprising both residential and commercial opportunity in the newly established suburb of Elderslie.
110 Lodges Road, Elderslie is a rectangular block in the heart of Elderslie, located only moments from major attractions, amenity, and lifestyle offerings. The property has Development Application (“DA”) approval for the development of residential blocks, and has contribution and land dedication advantages. Additionally, the property contains the only commercial land in Elderslie.
The key investment highlights are as follow:
• DA approved development opportunity in attractive South West Sydney suburb which has seen median house price growth of over 20%^ in the past 5 years
• Enormous site area of 61,800sqm* (6.18 hectares) of residential and commercial zoning
• Ability to develop a key Neighbourhood Centre site on 10,200sqm* of land, and current approval for 31 residential blocks, and additional residual land (22,900sqm*) for strategic use.
• Create a premium residential estate as the site is moments to Narellan Town Centre (2km*) Elderslie High School (1km*), Elderslie Public School (200m*), and Camden Golf Club (630m*)
• One of the last remaining development opportunities in Elderslie and the site to capitalise on the growth in Sydney’s housing market
• The property is being offered for sale with a delayed settlement until mid-June 2022
The property will be offered for sale via Public Auction on 3rd March 2022 at ‘Dexus Place’ Level 5, 1 Margaret Street, Sydney NSW 2000. Auction Portfolio commencing at 10:30am. The vendor reserves the right to sell the property prior to this date.
To discuss this opportunity in further detail please contact the exclusive Colliers agents Thomas Mosca (0423 086 593 ), Nick Estephen (0488 748 186), Frank Oliveri (0419 018 356)
Remember to mention you found this property on DevelopmentReady
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