FOR SALE
EXPRESSIONS OF INTEREST

331 Commercial Road
Vineyard NSW 2765

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 1m2
Land area: 2ha
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LAND SUBDIVISION - R3 / B2 DEVELOPMENT SITE

Ray White Commercial (SC) is pleased to present to the market 331 Commercial Road, Vineyard. This exceptional residential development opportunity, located in one of the fastest-growing suburbs in Sydney's North West region, is offered for sale via Expressions of Interest closing on Thursday, 7th November 2024.
Positioned on the fringe of an established estate within the heart of the broader North West growth precinct, this site presents developers with a prime opportunity to capitalise on this highly sought-after area. The flexible R3 and B2 zoning permits a variety of residential development possibilities, from subdivisions to medium-density projects.
Vineyard is within the North West Priority Growth Area, established by the NSW Government as vital for new development and expansion. Located approximately 50 km* from the Sydney CBD, Vineyard is part of the Hawkesbury Local Government Area (LGA).
Additional highlights of the asset include:
• Site area: 2.15ha* (21,543sqm*)
• Dual street frontage - 340m* to Commercial Road and 40m* to Boundary Road
• Zoning (1): Part R3 Medium Density Residential - permissible uses include, but are not limited to, attached dwellings, multi-dwelling houses, residential flat buildings, and semi-detached dwellings^
• Zoning (2): Part B2 Local Centre - permissible uses include, but are not limited to, child care facilities, registered clubs, service stations, and shop-top housing
• Height limit: 12m
• 7.3km* to Tallawong Metro Station
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Property Details for 331 Commercial Rd, Vineyard

Building Type
Commercial
Floor Size
1m2
Land Size
2ha

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About Vineyard 2765

The size of Vineyard is approximately 13.8 square kilometres. It has 3 parks covering nearly 0.8% of total area. The population of Vineyard in 2011 was 1,225 people. By 2016 the population was 1,165 showing a population decline of 4.9% in the area during that time. The predominant age group in Vineyard is 50-59 years. Households in Vineyard are primarily couples with children and are likely to be repaying $3000 - $3999 per month on mortgage repayments. In general, people in Vineyard work in a trades occupation. In 2011, 74.9% of the homes in Vineyard were owner-occupied compared with 70.8% in 2016.

Vineyard has 1,044 properties. Over the last 5 years, Houses in Vineyard have seen a 36.70% increase in median value, while Units have seen a 168.15% increase. As at 30 September 2024:

  • The median value for Houses in Vineyard is $1,098,239 while the median value for Units is $600,700.
  • Houses have a median rent of $750.
There are currently 25 properties listed for sale, and 9 properties listed for rent in Vineyard on OnTheHouse. According to CoreLogic's data, 79 properties were sold in the past 12 months in Vineyard.

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Samuel Hadgelias
Leslie Li
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