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SOLD: 332 COMMERCIAL ROAD, VINEYARD, NSW 2765

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332 Commercial Road,
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IMPRESSIVE 5-ACRE R2/R3 DEVELOPMENT OPPORTUNITY IN VINEYARD PRECINCT (STAGE 1) 

 


UNDER CONTRACT

Exclusive development agents, Urban Greenfield, are proud to offer this impressive 5-acre greenfield development opportunity located at 332 Commercial Road, Vineyard; the newest precinct in the rapidly expanding North-West Priority Growth Area. Conveniently located just a few minutes from Windsor Road and only 7 minutes from the new state-of-the-art Sydney Metro Northwest, this perfectly positioned site is also in close proximity to the proposed Outer Sydney Orbital, Rouse Hill Town Centre, and Vineyard Train Station.

Location, Density and Subdivision Potential

Adjacent to the Box Hill Precinct and The Hills of Carmel; Vineyard – Stage 1 will provide newly rezoned development land for an additional 2,400 homes to accommodate approximately 7,400 residents. Situated within walking distance of the future village centre, shops, cafés, walking paths and recreation areas, the site comprises the following permissible land uses:

  • 5,400m2 of land zoned R3 – Medium Density Residential (approx. 14 lots permissible),
  • 6,800m2 of land zoned R2 – Low Density Residential (approx. 10 lots permissible); and
  • 7,810m2 of land zoned RE1 – Public Recreation (Passive Open Space).

The residential component of the land is divided into two development sectors as per the Vineyard Precinct Indicative Layout Plan. Preliminary research suggests a concept plan of approximately 24 residential lots could be realised across the R2 & R3 zonings (based on density cap guidelines not exceeding 18 dwellings/hectare for R2 and 30 dwellings/hectare for R3). The maximum building height for future development is 9 metres and 12 metres respectively.

Site Attributes & Characteristics

Attractive location providing access from Commercial Road. The land is only slightly undulating falling to the south towards the Killarney Chain of Ponds. The residential component of the land is above the 1:100 flood line (post-development) and contains a large single-storey dual occupancy residence. The site dimensions provide for an impressive 67-metre frontage to Commercial Road. The depth of the site is 289 metres on the western boundary, 277 metres on the eastern boundary and a width of 70 metres across the southern boundary. In addition to the central location, all services including connection to the Sydney Water Network (water and sewer), Telstra, NBN and single-phase electricity supply are available to the property.

Development Details

Providing a unique mix of R2 & R3 development land, interested parties are encouraged to act fast. Possibilities for 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 prescribed in the land-use table are not limited to, but include:

R2 Low Density Residential

  • Dwelling houses
  • Group homes
  • Neighbourhood shops
  • Educational establishments
  • Community facilities
  • Respite day care centres
  • Centre-based child care facilities
  • Recreation facilities (indoor & outdoor)
  • Exhibition villages

R3 Medium Density Residential

  • Dwelling houses
  • Multi-dwelling housing
  • Residential flat buildings
  • Shop-top housing
  • Centre-based child care facilities
  • Recreation facilities (indoor & outdoor)
  • Seniors housing
  • Aged care facilities

Summary of Fast Development Facts

Lot: 4
DP: 734632
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).
Land use: R2 – Low Density Residential, R3 – Medium Density Residential, RE1 – Public Recreation (Passive Open Space)
Total land area: 20,010mor 5 acres (2.023 hectares)
Net residential density yield: 15-18 dwellings/hectare (R2), 20-30 dwellings/hectare (R3)
Total residential density yield: 24 dwellings (subject to lot size, density cap, design, road layout and Hawkesbury City Council approval)
Maximum height of buildings: 9 metres (R2), 12 metres (R3)
Essential services: Connection to Sydney Water, Wastewater Mains, Telstra, NBN and single phase electricity supply to the property
Proximity to infrastructure: 1.2km Windsor Road, 3.4km Vineyard Train Station, 6km Riverstone Train Station, 8km Rouse Hill Town Centre and Sydney Metro, 17km Norwest Business Park, 18km Castle Hill, 26km Parramatta and 50km Sydney CBD
Section 7.11 Contributions: $65,748/lot (R2) and $50,837/lot (R3)
Hawkesbury City Council rates: $9,228 p.a
Sydney Fixed Water rates: $800 p.a

Further Information

This outstanding opportunity presents developers with the prospect of securing R2 Low Density Residential and R3 Medium Density Residential land within the Vineyard Precinct, while exploring the vast array of possible development opportunities right in the heart of the thriving North-West Priority Growth Area.

For more information and to obtain an Information Memorandum on this attractive development offering, please call Trent at Urban Greenfield today on 1300 732 587 or email trent@urbangreenfield.com

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. 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: 332 Commercial Road
City:
State/County:
Zip: 2765
Country: Australia
Open In Google Maps
Property Id : 1873
Property Lot Size: 20 010,00 m2

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