688-708 Luddenham RoadLuddenham NSW 2745
Property Details for 688-708 Luddenham Rd, Luddenham
Last Listing description (May 2020)
CBRE is excited to present the opportunity to purchase 688-708 Luddenham Road, Luddenham to the market for sale.
Located in the heart of the Western Sydney aerotropolis precinct and earmarked for stage 1 rezoning to Flexible Employment, this is an opportunity not to oversee.
The specific property at 688-708 Luddenham Road, Luddenham offers the following key attributes:
- Opportunity to acquire 10.12 hectares of surplus land in the booming South West Growth Precinct on a long-term three-year delayed settlement.
- Earmarked to be rezoned to Flexible Employment according to the Western Sydney Land Use and Infrastructure - Implementation Plan (Stage 1: Initial Precincts).
- Existing improvements returning approximately $1,800* per week with further potential income derived from two large barns totaling a building area of 325sqm*
- Moments to future Western Sydney Airport, Sydney Science Park and Boyuan Holdings Northern Gateway Site.
- Stones throw away from major arterial roads including the proposed M12 Motorway, Elizabeth Drive and The Northern Road.
To discuss the property in more detail, please be in contact with the CBRE team.
Andrew Sukkar 0432 082 628
Alex Mirzaian - 0400 523 523
*approx
Property History for 688-708 Luddenham Rd, Luddenham, NSW 2745
- 29 Apr 2019Listed for Sale Contact Agent
- 01 Aug 2017Listed for Rent $1,300 / week
- 09 Apr 1998Sold for $450,000
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About Luddenham 2745
The size of Luddenham is approximately 42.7 square kilometres. It has 6 parks covering nearly 4.4% of total area. The population of Luddenham in 2011 was 1,496 people. By 2016 the population was 1,831 showing a population growth of 22.4% in the area during that time. The predominant age group in Luddenham is 0-9 years. Households in Luddenham are primarily couples with children and are likely to be repaying $3000 - $3999 per month on mortgage repayments. In general, people in Luddenham work in a managers occupation. In 2011, 69.6% of the homes in Luddenham were owner-occupied compared with 83.2% in 2016.
Luddenham has 758 properties. Over the last 5 years, Houses in Luddenham have seen a 41.18% increase in median value, while Units have seen a -9.50% decrease. As at 30 November 2024:
- The median value for Houses in Luddenham is $1,470,588 while the median value for Units is $616,206.
- Houses have a median rent of $780.
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