Ray White Commercial (SC) is pleased to present to market an exceptional development opportunity in Riverstone, one of the fastest growing suburbs in Sydney's North West region. This DA approved site, featuring a mix of Torrens titled land subdivision and townhouse development, will be offered for sale via Expressions of Interest.
Spanning 1.12 hectares*, the site is approved for 14 land subdivision lots and 10 townhouses (no basements). Located near Riverstone High School and other local amenities, this development site promises a convenient suburban lifestyle, with easy access to Westplex, Bella Vista, Norwest Business Park, Rouse Hill Shopping Centre, and Schofields Village.
Key highlights of the asset include:
134 Cranbourne Street, Riverstone is offered for sale via Expressions of Interest.
For further information, please contact the exclusive selling agents below.
* Approximately
The size of Riverstone is approximately 5.5 square kilometres. It has 9 parks covering nearly 3.3% of total area. The population of Riverstone in 2011 was 6,193 people. By 2016 the population was 7,248 showing a population growth of 17.0% in the area during that time. The predominant age group in Riverstone is 30-39 years. Households in Riverstone are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Riverstone work in a trades occupation. In 2011, 66.1% of the homes in Riverstone were owner-occupied compared with 64.7% in 2016.
Riverstone has 6,181 properties. Over the last 5 years, Houses in Riverstone have seen a 61.58% increase in median value, while Units have seen a 61.86% increase. As at 30 September 2024:
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