SOLD: 2 HARKNESS ROAD, OAKVILLE, NSW 2765

2 Harkness Road,

Property Description

PRIME 5-ACRE R3 MEDIUM DENSITY RESIDENTIAL DEVELOPMENT OPPORTUNITY


20,239m2 of premium land zoned R3 Medium Density Residential in the heart of the Vineyard Precinct (Stage 1)

Situated in the rapidly expanding North-West Priority Growth Area, only minutes’ from Windsor Road, the proposed Outer Sydney Orbital and just a short commute to the future Sydney Metro. This superior 5-acre, R3 Medium Density residential development opportunity provides astute developers with a rare offering to capitalise on 20,239m2 of rezoned land which is predominately cleared and ready for a mix of high-quality R3 Medium Density housing types.

Location, Density and Subdivision Potential

Adjacent to the fashionable Box Hill Precinct and only a 6-minute drive from Rouse Hill Town Centre, Vineyard – Stage 1 will provide newly rezoned development land for an additional 2,400 homes to accommodate approximately 7,400 residents. This exceptional site is one of only a few within the precinct zoned entirely for R3 Medium Density development, and neighbours the proposed primary school and future village centre, shops and cafés.

In addition to the attractive location, the residential density yield for the site suggests 20-30 dwellings/hectare would be permissible. Up to 60 high-quality dwellings could be constructed with a maximum building height of 12 metres. In contrast, residential density yields for R2 Low Density sites within the precinct offer 15-18 dwellings/hectare with a maximum building height not exceeding 9 metres.

Site Attributes and Characteristics

The site itself is slightly undulating with a westerly aspect containing a fine attached dual-occupancy single-story residence set towards the rear of the site, allowing for possible retention during a staged residential development project. All services including connection to the Sydney Water Network, Telstra, NBN and single phase electricity is available at the property. The site dimensions provide for approximately 154 metres of frontage to Harkness Road with a depth of approximately 118 metres (left side) and 152 metres (right side) for a combined net development area of 20,239m2 or 5 acres.

Development Details

The development upside for this site is remarkable and all interested parties are encouraged to act fast to secure this rare development offering which is already proving highly sought-after within the Vineyard Precinct. Possibilities for future residential use are detailed within State Environment Planning Policy (Sydney Region Growth Centres) Appendix 13 – Hawkesbury Growth Centres Precinct Plan and Development Control Plan (2018). Permissible uses detailed in the land-use table are not limited to, but include:

  • Dwelling houses,
  • Multi dwelling housing,
  • Group homes,
  • Residential flat buildings,
  • Shop top housing,
  • Neighbourhood shops,
  • Educational establishments,
  • Community facilities,
  • Respite day care centres,
  • Centre-based child care facilities,
  • Seniors housing; or
  • Aged care facilities.
Summary of Fast Development Facts

Lot: 1
DP: 543132
Municipality/LGA: Hawkesbury City Council
Planning legislation: State Environment Planning Policy (Sydney Region Growth Centres) Appendix 13 – Hawkesbury Growth Centres Precinct Plan and Development Control Plan (2018).
Current land use: R3 Medium Density Residential
Total land area: 20,239m2 or 5 acres (2.02 hectares)
Net residential density yield: 20 – 30 dwellings/hectare
Total residential density yield: Up to 60 dwellings
Maximum height of buildings: 12 metres
Essential services: Connection to Sydney Water, Telstra, NBN and single phase electricity supply
Proximity to infrastructure: 1.2 km Windsor Road, 3.1km Vineyard Train Station, 7km Rouse Hill Town Centre, 7km Riverstone Train Station, 9km Sydney Metro – Cudgegong Station, 14km Norwest Business Park, 15.5km Castle Hill, 26km Parramatta and 49km Sydney CBD
Section 7.11 Contributions: $50,837/lot
Hawkesbury City Council rates: $4,164 p.a
Sydney Water fixed rates: $92 p.a

Further Information

This extraordinary opportunity presents fast-acting developers with the prospect of securing rare R3 Medium Density land within the Vineyard Precinct, whilst exploring the vast array of possible development opportunities right in the heart of the thriving North-West Priority Growth Area.

For more information on this exceptional development prospect, please contact the team at Urban Greenfield today. Email [email protected] or call 1300 732 587.

Disclaimer: All information contained herein has been obtained from sources that Urban Greenfield believes to be reliable and accurate and is given in good faith. However, Urban Greenfield has not been able to have all the information verified and accordingly the material may not be complete or accurate for individual circumstances or needs.

This information is of a general nature only. Therefore, Urban Greenfield gives no warranty as to its correctness, accuracy or suitability for individual circumstances, and any person using the information on this site is recommended to obtain independent expert and/or legal advice that is tailored for their circumstances. Urban Greenfield its directors and staff, bear no responsibility to any company or person who relies upon the aforementioned information provided.

Address: 2 Harkness Road
City:
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Country: Australia
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Property Id : 1522
Property Lot Size: 20,239.00 m2
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