More than 40,000 square metres of developable has been listed for sale in one of South West Sydney’s up and coming commercial precincts.

The Precinct at Gregory Hills is available for immediate development, equipped with an existing DA for a mixed-use project comprising a large format retail premises, food and drink premises, and recreation facilities. 

CBRE’s Peter Vines and Nick Willis have been appointed to sell the 41,000sqm landholding located within the Gregory Hills Corporate Park – a 30ha master planned development situated in the heart of the South West Growth corridor and only 53km from the Sydney CBD. 

At a glance:

• A 41,000 square metre landholding in Sydney's south west is for sale.
• CBRE's Nick Willis and Peter Vines have been appointed to manage the sale.
• The site has an existing DA in place for a large formal retail centre.

Mr Vines said the sale was an opportunity to acquire a substantial footprint in one of Sydney’s transformative regions.

"Strong population growth and the ongoing anticipation of the Badgerys Creek Airport continue to position South West Sydney as a sought-after region," he said.

"Adding to the appeal of this site is the current lack of industrial and large format retail opportunities for owner-occupiers in South West Sydney.

"While the site has an existing DA in place for a large format retail centre, the flexible B5 zoning, coupled with the strength of the industrial market, will also attract interest from developers and investors that will value in other uses."

The Gregory Hills Corporate Park incorporates three main precincts; Soma Lifestyle – an approved large format retail centre incorporating leisure and entertainment; Soma Wellness – a completed mixed use medical precinct; and Camden Medical Campus – an approved large-scale private hospital plus a second smaller private paediatric hospital and day surgery.

According to Location IQ data, an expected 20,000 dwellings would be built within a three-kilometre radius of the Gregory Hills Corporate Park over the next five years. 

Mr Willis said the catchment was "underserviced and demanding for a superior level of retail development to be delivered". 

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