Colliers is pleased to present for sale a prime commercial development opportunity that can be developed as one site or subdivide into several lots situated approximately 7.5km to Western Sydney Airport.
11111141 Elizabeth Drive, Cecil Park, the property consists of a site area of approximately 47,200m (4.72ha) providing an opportunity for an astute purchaser to secure a property that can be subdivided for 12 Lots/Blocks ranging in size from 2,512m to 6,116m or developed as one large landholding for a range of commercial uses. The property is within close proximity to the M7 Motorway with quick access to the entry and exit ramps.
The size of Cecil Park is approximately 14.4 square kilometres. It has 7 parks covering nearly 60.3% of total area. The population of Cecil Park in 2011 was 1,477 people. By 2016 the population was 786 showing a population decline of 46.8% in the area during that time. The predominant age group in Cecil Park is 10-19 years. Households in Cecil Park are primarily couples with children and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Cecil Park work in a clerical occupation. In 2011, 80% of the homes in Cecil Park were owner-occupied compared with 80.8% in 2016.
Cecil Park has 349 properties. Over the last 5 years, Houses in Cecil Park have seen a 2.38% increase in median value. As at 31 August 2024:
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