SIGNIFICANT LAND HOLDING ADJOINING PICTON TOWNSHIP

CBRE as the exclusive sales agent is pleased to present Lot 100 Eliza Place, Picton. <br/><br/>Lot 100 Eliza Place, Picton represents an exciting opportunity to acquire a substantial 6.86 hectare* parcel of land in the rapidly growing Macarthur region. The property boasts an unrivalled 435m* street frontage along Remembrance Driveway, allowing for outstanding exposure and flexible future development options (STCA). The RU2 Rural Landscape zoning of the property allows for the construction of a residential home, dual occupancies, cellar door, funeral home, place of worship, educational services, childcare establishment, hospital or bed and breakfast accommodation (STCA).<br/><br/>Due to the R2 Low Density zoning of land directly adjoining the property and other recent residential developments in Picton, the property allows for a strategic land banking opportunity with the potential for future residential/urban rezoning (STCA). This potential rezoning, paired with the generous land holding, would allow Lot 100 Eliza Place to benefit significantly from substantial residential development upside (STCA).<br/><br/>Located in the popular Macarthur Region, just 1 hour* drive from Sydney CBD and Sydney Airport, Lot 100 Eliza Place benefits tremendously from new local infrastructure. The property is located just a short drive from Camden, Narellan and Campbelltown, as well as the upcoming Western Sydney International Airport, which is due for completion in 2026, allowing for significant employment opportunities. The Outer Sydney Orbital once complete, will provide easy access from the site to the Western Sydney International Airport, Camden and other surrounding regions.<br/><br/><br/>Lot 100 Eliza Place, Picton benefits from the following key attributes:<br/><br/>- Large land holding of 6.86 hectares* or 16.95 acres*<br/>- Adjoins the urban area of Picton and within walking distance of Picton Mall and strip shopping centre<br/>- RU2 Rural Landscape zoning, which permits an array of uses<br/>- Moments from Picton Town Centre offering shops, schools, medical centres, parks and transport<br/>- Surrounded by upcoming infrastructure <br/><br/><br/>Lot 100 Eliza Drive is to be sold via Public Auction on Tuesday, 2 November 2021 at 10:30am at AuctionWORKS (Online Bidding Available).<br/><br/>For more information or to request access to the due diligence room, please contact the exclusive selling agents.<br/><br/>*Approximate<br/><br/>Note: All financial figures have been provided by the Vendor. Purchasers are advised to conduct their own independent due diligence.