JLL as the exclusive selling agent is pleased to offer 16 Old Castle Hill Road, Castle Hill for sale via Expressions of Interest, closing Thursday 4 th April 2024 at 3pm (AEDT).
16 Old Castle Hill Road is a vacant corner freehold site within the heart of Castle Hill.
Development highlights include:
•Vacant corner site, comprising 638 sqm* of site area
•R1 – General Residential & SP2 – Infrastructure zoning
•Increased FSR of 4.8:1 with the potential to yield up to 3,061 sqm* of total GFA (STCA)^¹
•Premier location surrounded by local schools, health, leisure and commercials precincts.
•A 400m*walk to Castle Hill Metro Station with commute times as low as 33 minutes* to Sydney CBD²
•Occupying an unrivalled position only 200m* from Castle Towers Shopping Centre
•Situated within the heart of Castle Hill which has experienced remarkable growth and infrastructure investment
•Castle Hill’s dwelling composition comprises only 15% apartments³, and has experienced a strong 19.2% growth in the median apartment sale price and a 14.3% increase in the median apartment rental price y-o-y (as at January 24)⁴
•An immense 34% population growth forecasted in the Hills Shire region between 2021 to 2036⁵
•Strategic freehold site which has the potential for amalgamation with the adjoining land (STCA and subject to ownership of adjoining land)
* Approximate only
^STCA - Subject to Council Approval
¹ The Hills Local Environment Plan 2019
² Sydney Metro Travel Calculator
³ ABS Census 2021
⁴ Realestate.com.au January 2024
⁵ Forecast ID Hills Shire Council
For Sale by Expressions of Interest, closing Thursday 4 th April 2024 at 3pm (AEDT). All enquiries, information requests, inspection arrangements and lodgement of offers are to be directed to the exclusive selling agents.
DISCLAIMER
Information in this advertisement is general information only and cannot be relied upon by any party. Forecast results may differ materially from results ultimately achieved. Past performance is not a reliable indicator of future performance. Any party interested in the property should rely upon their own searches, investigations, enquiries and obtain independent advice and reports.
QIC Limited and its related entities, respective agents, directors, employees, representatives, and consultants (QIC) do not make any representation or warrant that the information in this advertisement is accurate, relevant, or complete. To the extent permitted by law, QIC disclaims all responsibility and liability for any loss or damage of any nature whatsoever which may be suffered by any person directly or indirectly through relying on the information contained in this advertisement.
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