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Overview
Positioned atop a hill in Riverstone, this expansive industrial land parcel offers a rare and valuable opportunity for investment or development. Comprising approximately 5,500 square metres, the site includes ten adjoining lots sold together under one contract, providing a substantial footprint ideal for various industrial applications.
The generous dimensions of over 90 metres by 60 metres present a versatile canvas for a range of development options, whether for business expansion or a light industrial facility. The existing industrial zoning further enhances the potential to capitalize on this undeveloped property, optimizing usage according to specific commercial or industrial needs.
Offering direct negotiation possibilities, this property invites interested parties to engage with the vendor to secure a competitive price reflective of its strategic location and size. Its hilltop position not only grants prominence within the local landscape but may also facilitate practical advantages such as drainage and visibility.
Given the land size and zoning, the site is suited for developers, investors, or business owners seeking growth opportunities in a growing industrial precinct. This land is ideal for those looking to leverage a significant parcel of industrial real estate in a sought-after location.
Local Market Insights
In Riverstone, Quiet Listings observed 56 new parcels of land entering the market over the last 30 days, up from 25 during the previous 30-day period, with an average advertised asking price of $1,710,191. The property type mix of listed properties is predominantly Houses at 63%, followed by land (28%), and townhouses (4%). The most active agency for land in the Riverstone area is currently Urban Real Estate, representing 34% of new listings, followed by Ray White with 18%. These insights are based on agencies currently monitored by Quiet Listings and are updated as the local market changes.
While every effort is made to ensure the accuracy and completeness of the property information provided, no guarantee is given. Buyers should independently verify all details, inclusions, availability, pricing, and other relevant information directly with the listing agent before relying on this information.
Location
Market Insights for Riverstone NSW 2765
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