Colliers is excited to offer to 34-46 Flushcombe Road, Blacktown to the market For Sale via International Expressions of Interest closing Tuesday 29 March at 3pm (AEDT).
The opportunity represents Blacktown's most significant mixed-use development and the first major private development offering within Blacktown's southern CBD. The amalgamated site possesses an approval for the development of a 15-storey tower comprising ground level pub and retail, first floor function centre and 139+ apartments^. The proposed site will accommodate the existing Town Tavern Hotel and its 30 Poker Machines.
Situated in a prime core CBD location, the site is positioned directly opposite West Point Shopping Centre and is in convenient proximity to Blacktown Station and Warrick Lane Development.
The opportunity offers uniqueness in its location, approval and flexibility in potential deal structuring.
For more information on this opportunity or to arrange an inspection, please contact the Exclusive Selling Agents.
^Subject to Current Land & Environment Court Appeal.
The size of Blacktown is approximately 15.9 square kilometres. It has 72 parks covering nearly 6.8% of total area. The population of Blacktown in 2011 was 43,374 people. By 2016 the population was 47,158 showing a population growth of 8.7% in the area during that time. The predominant age group in Blacktown is 30-39 years. Households in Blacktown are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Blacktown work in a professional occupation. In 2011, 61.9% of the homes in Blacktown were owner-occupied compared with 56.1% in 2016.
Blacktown has 21,835 properties. Over the last 5 years, Houses in Blacktown have seen a 55.74% increase in median value, while Units have seen a 16.25% increase. As at 31 October 2024:
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