The Colliers team of Frank Oliveri, Paul McGlynn and Jordan McConnell have the listing with Link Property Services’ Matthew Herrett and Andrew Smith for a Marsden Park site.
A vacant block of land situated at the epicentre of an incredibly tight market is set to provide an unprecedented opportunity for investors after coming to market.
“This landmark site, with its flexible B5 Business Development zoning, represents an opportunity to create a development concept that meets the real estate requirements of the rapidly evolving large format retail, industrial and services sectors of the economy,” says Jordan.
Surrounded by a range of industrial and retail service providers, the site at 6 Townson Road in Marsden Park (Colebee) benefits from DA Approval for a bulky goods development across almost 7237 sqm of flexible B5 zoned land.
“Richmond Road is the major arterial thoroughfare for the area and has undergone significant upgrades including new intersections,” explains Paul.
“This is all driven by the Northwest Growth corridors urban expansion and growth in commercial enterprise across the region.”
Colliers notes the corner site provides high exposure to Richmond Road and is approved for bulky good premises with associated parking, with the premises to benefit from the unprecedented housing and infrastructure growth generated by the NSW government’s North West Growth Centre policy.
“Surrounding development comprises for the most part commercial development including service stations, QSR, large format retail and large-scale industrial occupiers,” adds Matthew.
Marsden Park is located nearly 45km northwest of the Sydney CBD within the Blacktown City Council. The precinct is home to major national and international brands like IKEA, Costco, Audi, JB Hi Fi and Bunnings. The high exposure of the site means that almost 60,000 vehicles pass the property daily.
6 Townson Road, Marsden Park is for sale via Expressions of Interest closing Wednesday October 25 at 3pm (AEDT).
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