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Collective sale in castle hill

Discussion in 'General Property Chat' started by hash_investor, 8th Jun, 2016.

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  1. hash_investor

    hash_investor Well-Known Member

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  2. Kashmir

    Kashmir Well-Known Member

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    You just have to walk around the Castle hill station precinct to see a number of such "sales" advertised. From smaller lots to massive ones' it's quite crazy. I haven't really checked but surely it's a developer risk to get DA approvals on developments to justify the selling price..
     
  3. wombat777

    wombat777 Well-Known Member Premium Member

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  4. Jacque

    Jacque Buyers Agent and Bookworm, Sydney Business Member

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    At approx $4K per sq m (total land 10,600sqm) this is an indication of what R4 high density land is now worth in these pockets around the stations. Naturally Showground precinct is also easier to build on, given the topography of the land and it's not hard to see how developers are planning to make money with 16 storey limits. Interesting times ahead for the Hills :)

    With a definite revival in prices occurring too, and less stock on the ground to choose from, vendors are in the drivers seat again.
     
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