1.89Ha / 18,900sqm / 4.7acres*
R3 Medium Density Residential
High end housing development
As exclusive marketing co-agents, LJ Hooker Dural and CBRE are pleased to present to the market – the opportunity to acquire a truly unique once in a generation development opportunity in one of Sydney's most affluent suburbs.
This opportunity provides astute developers to purchase a zoned exclusive housing development opportunity located in the heart of Dural.
Key features of this unique offering includes:
- Total land area of 1.89 hectares (4.7 acres)
- Zoned R3 Medium Density ready for development
- Close proximity to lifestyle amenities and Round Corner Shopping Centre
- Cost effective servicing and section 94 contribution plan
- Opportunity to capitalise on housing needs with little to no competition
- Untapped downsizer market with a strong demand for high-end product
The property is offered for sale by way of Expressions of Interest.
For a copy of the Information Memorandum or to find out more about the opportunity, please contact Sam Russo or Peter Colusso on 9651 1566.
** Note: We have obtained all information in this document from sources we believe to be reliable; however, we cannot guarantee its accuracy. Prospective purchasers are advised to carry out their own investigations. **
The size of Dural is approximately 34 square kilometres. It has 18 parks covering nearly 43.5% of total area. The population of Dural in 2011 was 7,357 people. By 2016 the population was 7,569 showing a population growth of 2.9% in the area during that time. The predominant age group in Dural is 10-19 years. Households in Dural are primarily couples with children and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Dural work in a professional occupation. In 2011, 82.9% of the homes in Dural were owner-occupied compared with 82% in 2016.
Dural has 3,519 properties. Over the last 5 years, Houses in Dural have seen a 97.16% increase in median value, while Units have seen a 39.60% increase. As at 31 August 2024:
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