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296 Camden Valley Way, NARELLAN

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  • 728 ㎡
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Description


Opportunities such as this one do not come up very often. Centrally located in one of the highest exposure locations in the Macarthur region is 296 Camden Valley Way, Narellan. This property features a total of 6 Units, spanning a total of 1,820 square-metres, which are currently rented and receive a total of approximately $275,000 per year.

As appealing as this sounds thus far, there is so much more to offer. It is the understanding of McLaren Real Estate that Camden Council are open to, and strongly considering rezoning this location in the future. This is a result of the close proximity to the proposed train station which will run through Narellan in the future and eventually link up with the Western Sydney Airport at Badgerys Creek. This could potentially increase the height limit from the current 15.5m to become a high-rise development site with huge potential (STC). This is supported by the current applications and discussions with council in play for sites within Narellan CBD.

Furthermore, Narellan Public school which is currently located on Coghill Street (directly adjacent to 296 Camden Valley Way), is likely being relocated and Camden Council have a number of proposals with what to do with this land, ranging from a hospital to apartments or even more commercial sites.

As you can understand by now, the potential on this site is astounding. Given the rapid growth that the Macarthur area has experienced over the past 10 years and in particular the Narellan Town Centre and surrounds. The projected growth in the future, is huge with an expected population growth of over 100,000 new residence in the next 6 years. Make sure you get in contact with Greg Fitzpatrick to discuss this fantastic opportunity further.

Disclaimer:
All information contained herein is gathered from sources we deem to be reliable. However, we cannot guarantee its accuracy and interested persons should rely on their own enquiries.

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