A highly attractive opportunity with DA approval for 175 lots in one of Sydney’s fastest growth regions has come to market. 

With four titles across three DA approved subdivision sites, the property at 26-28 Kelly Street and 275-280 Eighth Avenue in Austral is primed for redevelopment given the attractive R2 Low Density Residential and R3 Medium Density Residential zoning. 

The Colliers team of Joe Sacco and Frank Oliveri have the exclusive listing with price expectations in the low-to-mid $40 million range. 

“This is an extraordinary opportunity for developers to acquire a significant approved site, as seldomly do DA approved land subdivision sites in major growth locations come to the market,” Mr Sacco said. 

“Across 80,910sqm within the Liverpool City Council area, the property is situated in Austral which is part of the South-West Growth Centre which is expected to deliver approximately 17,500 dwellings and cater to approximately 54,000 residents in a rapidly growing community.” 

“The property presents an opportunity to capitalise on a strategic location, connected amenities, ongoing infrastructure development and surrounding economic growth,” Mr Oliveri added. 

The site is on the doorstep of some of Australia’s biggest infrastructure projects, including the Western Sydney Airport and Western Sydney Aerotropolis, 

Located within Austral are a number of private and public schools while the site is positioned just 5km from Leppington Station providing convenient access to the Liverpool CBD, Parramatta CBD and the Sydney CBD.

 26-28 Kelly Street and 275-280 Eighth Avenue in Austral is for sale via an Expressions of Interest campaign ending on Wednesday, the 24th July, 2024.