PRD Commercial Western Sydney and CBRE have been appointed Exclusive Marketing Agents to offer this landmark development site known as Lot 2, 158-164 Old Bathurst Road, Emu Plains
The property is being offered For Sale by way of Expression of Interest.
This is an extremely rare and exciting opportunity purchase a significant freehold industrial site in the tightly held Sydney basin.
Strategically located just 700m from Emu Plains Station.
The Emu Plains/Penrith commercial precinct is an integral part of the Western Sydney growth corridor.
The entire region is benefiting from population grown, urban sprawl and the construction of the new "Third City of Sydney", The Western Sydney International Airport
3kms* to the M4 Motorway
3.5kms* to Penrith CBD and Station
22kms* to the new Western Sydney International Airport
29kms* to the M7 Motorway
39kms* West of Parramatta
59kms* West of Sydney CBD
** approx.
The property features the following:
- Rare large scale serviced industrial offering in Western Sydney
- Premium development opportunity ideal for developers and owner occupiers
- Adjoining 81,890sqm* lot available (combined land area 162,950m2)
- Pending Development Application approval for an industrial subdivision on the combined lots
- Located in one of the fastest growing regions in Australia, within close proximity to large residential catchments
- Zoned E4 General Industrial under Penrith City Council
- Substantial frontage to Old Bathurst Road
- Minutes to the Penrith CBD and within walking distance to the Emu Plains Train Station
- Extensive Due Diligence information available
- All formal offers should be submitted in writing to 158obr@ocm.net.au prior to the EOI close date and time
The site will be sold via an Expressions of Interest (EOI) campaign closing at 4pm Wednesday 4th October, 2023.
For further information or to arrange an inspection, contact the exclusive selling agents.
PRD Commercial Western Sydney
Robert Tappouras on 0413 942 044
CBRE
John Micallef 0476 222 333
Jason Edge 0410 687 866
Note: All building and land areas quoted are approximate; prospective purchasers and tenants must make their own enquiries. All sale prices and asking rentals DO NOT include GST.
The size of Emu Plains is approximately 8 square kilometres. It has 12 parks covering nearly 6% of total area. The population of Emu Plains in 2011 was 8,097 people. By 2016 the population was 8,403 showing a population growth of 3.8% in the area during that time. The predominant age group in Emu Plains is 30-39 years. Households in Emu Plains are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Emu Plains work in a professional occupation. In 2011, 76.6% of the homes in Emu Plains were owner-occupied compared with 77.5% in 2016.
Emu Plains has 3,588 properties. Over the last 5 years, Houses in Emu Plains have seen a 60.87% increase in median value, while Units have seen a 36.94% increase. As at 30 September 2024:
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