74 Fern AvenueBradbury NSW 2560
Property Details for 74 Fern Ave, Bradbury
Last Listing description (June 2024)
RWC Western Sydney and Adam Charles, as joint exclusive agents, are thrilled to present 74 Fern Avenue, Bradbury to the market. This represents a rare and unique opportunity to secure a significant low-density development site with existing DA approval and further potential to add value in Sydney's fastest-growing corridor.
Bradbury caters to a tranquil, family-oriented, and aging demographic, providing a convenient lifestyle enriched by its close proximity to numerous schools, parks, shopping centres, and transportation facilities.
At the heart of Bradbury's history lies the well-maintained "Raith House," a former children's welfare facility, offering great potential for restoration and repurposing.
Development Highlights:
• Expansive 22,609 sqm site, a rarity in the region
• Dual substantial street frontages to Appin Road and Fern Avenue
• Zoned R2 Low-Density Residential with an 8.5m height limit
• DA approval for subdivision into three dwellings on one lot (approx. 5,460 sqm), plus 42 townhouses and 30 apartments on a second lot (approx. 17,149 sqm)
• Total approval for 75 dwellings
• Unique heritage item "Raith House" provides an opportunity for restoration and repurposing as a childcare center (STCA)
• Alternatively, viable development option of subdividing into 22-25 lots plus a heritage lot
• Diverse development opportunities with potential to create a desirable gated community
• Potential for increased density through state-led housing reforms (STCA)
• Opportunity to contribute much-needed housing stock to Sydney's fastest-growing region, with the population expected to double by 2041
Location Highlights:
• Surrounded by emerging infrastructure facilitated by local and West Invest programs
• Just 2km from Campbelltown CBD (a 5-minute drive)
• Close proximity to Macarthur Square
• Adjacent to an expanding medical precinct, including the recently upgraded Campbelltown Hospital
• Walking distance to local Bradbury amenities, multiple primary schools, and parks
74 Fern Avenue, Bradbury, is offered for sale by expression of interest, closing Thursday 9th May at 5pm 2024, if not sold prior.
For further information, please contact the exclusive agents.
Property History for 74 Fern Ave, Bradbury, NSW 2560
- 29 Jun 2024Sold
- 10 Apr 2024Listed for Sale Expressions of Interest
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0About Bradbury 2560
The size of Bradbury is approximately 3.6 square kilometres. It has 11 parks covering nearly 10.8% of total area. The population of Bradbury in 2011 was 8,739 people. By 2016 the population was 8,799 showing a population growth of 0.7% in the area during that time. The predominant age group in Bradbury is 0-9 years. Households in Bradbury are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Bradbury work in a trades occupation. In 2011, 72.3% of the homes in Bradbury were owner-occupied compared with 67% in 2016.
Bradbury has 3,686 properties. Over the last 5 years, Houses in Bradbury have seen a 60.30% increase in median value, while Units have seen a 42.10% increase. As at 31 October 2024:
- The median value for Houses in Bradbury is $854,084 while the median value for Units is $553,593.
- Houses have a median rent of $600 while Units have a median rent of $495.
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