OFF MARKET

87 Flushcombe Road
Blacktown NSW 2148

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 1251m2
Land area: 1251m2
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Property Details for 87 Flushcombe Rd, Blacktown

Building Type
Land
Floor Size
1251m2
Land Size
1251m2
Local Government
Blacktown
Lot/Plan
100/DP855679

Last Listing description (October 2023)

CBRE as the exclusive sales agent are pleased to present to the market 87 Flushcombe Road, Blacktown.

87 Flushcombe Road presents an outstanding proposition for an incoming developer or investor to secure one of Blacktown CBD's premier development opportunities set to benefit from Blacktown City Council & Walker Corporation's CBD revitalisation project and urban renewal transformation.


87 Flushcombe Road, Blacktown benefits from the following key features:

- Significant 1,251sqm* site area with dual street frontages to Flushcombe Road (21.89m*) and Newton Road (45.98m*).
- MU1 Mixed Use zoning suitable for build-to-rent (BtR), residential, medical and alternate use (STCA).
- Holding income: $179,942.26*
- 80m height of building limit with the potential for up to 100m via achieving design excellence through an architectural design competition.
- Prime Blacktown CBD positioning with direct access to Westpoint Shopping Centre, Blacktown Station, Blacktown Hospital, parks, schools and major road networks.
- Set to benefit from the $2billion Blacktown revitalisation project between Blacktown City Council and Walker Corporation. The future masterplan delivers the council's vision for the $800m^ Blacktown Brain and Spinal Institute. It will also bring the best in education, retail and commercial offices to the heart of Blacktown CBD to benefit the local economy.

87 Flushcombe Road, Blacktown will be sold via Public Auction on Tuesday, 17th October 2023 at 10:30am (AEDT) at auctionWORKS.

For a copy of the Information Memorandum or to find out more about the opportunity, please contact the exclusive listing agents

*Approx. Subject to council approval (STCA). ^Estimated

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Property History for 87 Flushcombe Rd, Blacktown, NSW 2148

A timeline of how this property has performed in the market
Last Sold
$7,000,000
17 Oct 2023
Listed for Rent
13 Dec 2016
  • 17 Oct 2023
    Sold for $7,000,000
  • 18 Sep 2023
    Listed for Sale Contact Agent
  • 12 Jul 2016
    Listed for Rent - Price not available
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About Blacktown 2148

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 21,762 properties. Over the last 5 years, Houses in Blacktown have seen a 58.81% increase in median value, while Units have seen a 17.32% increase. As at 30 September 2024:

  • The median value for Houses in Blacktown is $1,041,165 while the median value for Units is $537,044.
  • Houses have a median rent of $595 while Units have a median rent of $550.
There are currently 165 properties listed for sale, and 130 properties listed for rent in Blacktown on OnTheHouse. According to CoreLogic's data, 1129 properties were sold in the past 12 months in Blacktown.

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