Overview
- Updated On:
- April 1, 2020
Property Description
ATTRACTIVE 5-ACRE R2 DEVELOPMENT OPPORTUNITY IN VINEYARD PRECINCT (STAGE 1)
TAKING EXPRESSIONS OF INTEREST NOW
Exclusive development agents, Urban Greenfield, are proud to offer this outstanding 5-acre greenfield development opportunity located at 49 Harkness Road, Oakville; 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:
- 17,749m2 of land zoned R2 – Low Density Residential (approx. 35 lots permissible)
- 2,251m2 of land zoned RE1 – Passive Open Space (future park)
Preliminary research suggests a concept plan of approximately 35+ residential lots could be realised across the R2 zoning (based on density cap guidelines not exceeding 18 dwellings/hectare). The maximum building height for future development is 9 metres.
Site Attributes & Characteristics
Central location providing good access from Harkness Road. The land is only slightly undulating falling to the west. The entire site is above the 1:100 flood line and contains a large single-storey dual-occupancy residence.
The site dimensions provide for an 85-metre frontage to Harkness Road. The depth of the site is 195 metres on the northern boundary, 275 metres on the southern boundary and a width of 126 metres across the western boundary. Indicative concept plan of subdivision indicates a yield of 35+ lots.
In addition to the attractive 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 an attractive mix of R2 development land and RE1, 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:
- 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
Summary of Fast Development Facts
Lot: 3
DP: 253872
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 and RE1 – Passive Open Space
Total land area: 2 hectares or 20,000m2
Net residential density yield: 15-18 dwellings/hectare
Total residential density yield: 35+ lots/dwellings (subject to lot size, density cap, NDA, design, road layout and Hawkesbury City Council approval)
Maximum height of buildings: 9 metres
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
Hawkesbury City Council rates: $7,622 p.a
Sydney Fixed Water rates: $93 p.a
Further Information
This outstanding opportunity presents developers with the prospect of securing R2 Low 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 [email protected]
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.
