exhibit a residential development project in …...2018/05/17 · state government investing into...
TRANSCRIPT
1
EXHIBIT A Residential Development Project in Austral, West Sydney, NSW, Australia (South West Growth Centre region near Leppington Train Station & Badgerys Creek (Sydney New International Airport) Sydney, NSW, Australia.
2
This yellow section marked land address is at No 17, Kelly Street, Austral, NSW 2179 is a prime redevelopment site which is near to the Planned New Sydney International Airport at Badgerys Creek due to its restricted capacity at its old Sydney International Airport at Mascot which does not have more land space to expand to accommodate more airlines landings and to cater for the increase of travellers into Sydney, Australia in the coming years.
Property Highlights: THE OPPORTUNITY: 14 Kelly St represents a unique development opportunity as is located in one the highest growth areas’ that Australia’s largest city has to offer. Austral is the only greenfields suburb that already has significant road and rail transport infrastructure in place on one side (Leppington Train Station), and Sydney’s massive second airport to be developed on the other (Badgerys Creek). This Austral Suburb is located in the NSW South West Growth Centre Plans for development expansion from 2017 onwards. This site has an area of 40,470 square metre (10
3
acres / 4 hectares) of level land site. Close proximity to future town centre, schools and transport Partial site education zoning provides opportunity to sell separately Opportunity to develop immediately with the NSW state government investing into its surrounding road and rail infrastructure connecting Sydney CBD to the areas and suburbs surrounding Badgerys Creek New airport site.
Property Overview:
Description of Property 14-16, Kelly Street, Austral, NSW 2179, Australia
Local Authority Liverpool City Council
Area Size: 40,470 square meters (10 acres / 4 hectares)
Vendor Asking Price A$
Type Existing Industrial Premises operating as chicken business. Largely Vacant Flat land
Zoning by local council The property is zoned for: R2 Low Density Residential (2 levels) SP2 Infrastructure – Drainage SP2 Infrastructure – Educational Establishments
Services Electricity, Town Water, Sewerage and Telephone lines are available to the site.
The Location – A Development Hotspot (Prime location) This property ticks every box in relation to growth and opportunity. Significant urban development is planned to occur in Austral and Leppington North within the New South Wales State (NSW) South West Growth Center landmark/community. There will be:
• 17,350 homes, ranging from units and terraces to detached homes and rural residential areas
• 54,000 residents
• Leppington Major Town Centre and Railway Station
• Austral Town Centre (fifteenth Ave and Edmondson Ave)
• Smaller Centres at Edmondson Ave (existing centre), Eighth Ave (Western end) and Gurners Ave / Fourth Ave
• 2 high schools
• 5 primary schools
• 135.4 Ha of Parklands
• 220 Ha of industrial land Moments from the M5 Highway connecting to the Sydney CBD, and the Leppington Station, ground was broken early last year on the first major road upgrade for the new Western Sydney Airport at Badgerys Creek. Just south of the site, work is well underway on stage one of the A$509 million Bringelly Road upgrade (which has seen currently lots of new housing estates development popping up towards Camden suburb and surrounding suburbs (Hoxton Park, Liverpool & others) with new housing developments currently completed, the first upgrade in a A$3.6 billion package to provide essential road infrastructure that will create jobs, reduce congestions and improve safety for all road users. The investment by the Commonwealth (Federal) and NSW Governments (State) will help build a stronger and more prosperous
4
Western Sydney by helping businesses within the South West Growth Centre to capitalise on the economic gains from developoing a new Western Sydney Airport. Bringelly Road will be widened to two lanes in each direction for 5.7 kilometres with three lanes between the Upper Canal and Eastwood Road. The upgrade will create more than 400 jobs while about 4,000 additional jobs will be generated by the time the airport opens. The NSW Government progressed planning on upgrades including Bringelly Road before a decision was taken to build a new airport, which helped ensure that the Commonwealth was well placed to commit to investing in this region. Planning is progressing for the 31 kilometres, A$1.6 billion upgrade of The Northern Road and the 14 kilometre, A$1.3 Billion four lane motorway between the M7 Motorway and The Northern Road. These projects are about ensuring vital road infrastructure is in place ahead of the airport’s opening, expected towards the end of this decade.
Development options: The development options for this site:: Current rights permit the existing commercial poultry business to operate on the site (which this can be relocated to a new commercial site). The current zoning divides the site into 3 zones: 1) RD2 Permits medium density residential dwellings on the majority of the site 2) Educational establishments – while this portion of the site requires some planning and /or negotiation,
this provides the opportunity to either sell this portion to the NSW government at market value, or the possibilities to develop the site as a childcare facility or similar educational institution usage.
3) Drainage – there is a portion of the site that the Council will commit to purchase as a future drainage easement. Early discussions with the Council indicate the value of the said easement may possibly be traded for headworks charges which potentially assists with the cash flow when subdividing the balance of the land.
5
6
Indicative Layout for – Austral and Leppington North region.
7
Potential residential plan for development which can be redesign by appointed local architects for suitable and maximise usage for returns on investments.
8
Description of Austral Suburb, NSW info:
Austral is a suburb of Sydney, in the state of New South Wales, Australia. It is 42 kilometres south-west of the Sydney central business district, in the local government area of the City of Liverpool.
It is bounded to the west by waterway Kemps Creek, to the east by a Sydney Water supply channel, to the north by a straight division, and to the south by Bringelly Road. Bonds Creek flows southeast-northwest through the suburb, and confluences with Kemps Creek near Fifteenth Avenue. It is of note in its design, its streets laid out in a grid pattern, and all horizontal ones named 'Avenue', in numbers from south to north increasing.
History The area that now constitutes the suburbs of Austral was a parcel of land in West Hoxton purchased by the Austral Banking and Land Proprietary. When residents pushed for a second public school in the Hoxton Park area in 1891, Austral Banking and Land Proprietary donated 3 acres (12,000 m2) of its land for the site and, in return, the school was named Austral Public School. The name of the school became synonymous with the area although it wasn't officially recognised until 1972.[2] Austral Post Office opened on 7 February 1894.[3]
Demographics According to the 2011 census of Population, there were 3,023 residents in Austral. 62.5% of residents were born in Australia. The most common other countries of birth were Italy 12.4%, Malta 2.5% and Lebanon 2.2%. 52.3% of residents spoke only English at home. Other languages spoken at home included Italian 18.2%, Arabic 6.3% and Maltese 3.0%. The most common responses for religious affiliation were Catholic 55.9%, Anglican 11.1% and No Religion 6.2%.[1]
Landmarks Austral has a sportsground, youth centre, tennis court and skate ramp at Craik Park, the W V Scott memorial Park, with a pavilion, and a bowls grounds, Petanque. It has a Rural Fire Service station, primary school (Austral Primary), a retirement village (Scalabrini Village) and a small area of commerce, including a post office and telephone. It is the site of Camp Austral girl guides camp, and another small shopping area near the corner of Fifteenth Avenue and Edmonson Avenue. It is also the site of a Sikh temple and an animal shelter.
Transport Bringelly Road connects Austral to Liverpool and the Westlink M7, a pay road providing relatively quick connection to Sydney CBD and other parts of greater Sydney.
The Route 853/855 bus service connects Bringelly to Liverpool via Rossmore, Austral, Hoxton Park and Cartwright.[4] In 2015, a railway station opened in the neighbouring suburb of Leppington.
9
Suburbs and localities within the City of Liverpool, South-western Sydney, Sydney
• Ashcroft
• Austral
• Badgerys Creek
• Bardia
• Bringelly
• Busby
• Carnes Hill
• Cartwright
• Casula
• Cecil Hills
• Cecil Park
• Chipping Norton
• Denham Court
• Edmondson Park
• Elizabeth Hills
• Green Valley
• Greendale
• Hammondville
• Heckenberg
• Hinchinbrook
• Holsworthy
• Horningsea Park
• Hoxton Park
• Kemps Creek
• Len Waters Estate
• Leppington
• Liverpool
• Luddenham
• Lumea
• Middleton Grange
• Miller
• Moorebank
• Pleasure Point
• Prestons
• Rossmore
• Sadleir
• Voyager Point
• Wallacia
• Warwick Farm
• Wattle Grove
• West Hoxton
10
Austral
Sydney, New South Wales
Austral
Coordinates
33°55′52″S 150°47′37″ECoordinates: 33°55′52″S 150°47′37″E
Population 3,023 (2011 census)[1]
Established 1891
Postcode(s) 2179
Location 42 km (26 mi) south-west of Sydney CBD
LGA(s) City of Liverpool
State
electorate(s)
• Mulgoa
• Camden
Federal
Division(s)
Werriwa
Suburbs around Austral:
Kemps Creek Cecil Park Middleton Grange
Rossmore Austral West Hoxton
Rossmore Leppington LeppingtonDenham
Court
11
The lifestyles and people of Austral
The lifestyle of a suburb is often influenced by who lives there. Details
25.7%
Established Couples & Families
23.3%
Older Couples & Families
9.4%
Maturing Couples & Families
8.5%
Independent Youth
7.8%
Maturing & Established Independence
7.4%
Older Independence
5.7%
Elderly Families
5.5%
Elderly Singles
3.9%
Young Families
2.8%
Elderly Couples How this was calculated and classification information
About this data
Established Couples & Families make up the largest percentage of people living in Austral followed by Older Couples & Families and Maturing Couples & Families.
The statistics above have been sourced from Mosaic demographic data that is the copyright property of Experian Australia Pty Limited (or its licensors).
Classification Details
Young Families - Families, Extended Families and Single Parents under 35 Independent Youth - Couples, Singles and Homesharers under 35
12
Maturing Couples & Families - Families, Couples, Extended Families and Single Parents aged 35-44 Maturing Independence - Singles and Homesharers aged 35-54
Established Couples and Families - Families, Couples, Extended Families and Single Parents aged 45-54 Older Couples & Families - Families, Couples, Extended Families and Single Parents aged 55-64
Older Independence - Singles and Homesharers aged 55-64 Elderly Families - Families, Extended Families and Single Parents 65 and over Empty Nesters - Couples
65 and over Elderly Singles - Singles and Homesharers 65 and over
From: Mr. Richard Teh Sydney, NSW, Australia Mobile: +614 227 133 18 Email: [email protected]