Images and floorplans are provided for illustrative purposes and remain the property of their respective copyright owners.
Overview
This expansive 12,730 square meter land parcel at 1 Farewell Way, Marsden Park, offers a prime medium-density development opportunity in a rapidly growing residential precinct. Zoned R3 Medium Density Residential, the site benefits from a Development Application lodged to create 62 townhouses, appealing to developers seeking a comprehensive project in an established suburban context.
Strategically positioned with extensive frontage to Farewell Way and Northbourne Drive, this land parcel promises excellent accessibility and exposure. The proposed development plans for a variety of townhouse sizes, including three, four, and five-bedroom configurations, designed with cost-efficiency and ease of construction in mind, targeting solid investment returns.
Surrounded by a thriving community, the site’s proximity to essential amenities enhances its attractiveness. Residents will enjoy convenient access, being only 350 meters from Northbourne Public School and just over a kilometer from Elara Village Shopping Centre. Additionally, the location is approximately 6.5 kilometers from the Rouse Hill town centre, further enriching lifestyle convenience.
This development opportunity suits medium-density residential developers aiming to capitalize on Marsden Park’s growth. The combination of approved plans, sizeable land area, and an established community setting positions this project to meet diverse housing demands while capitalizing on the suburb’s infrastructural growth.
Local Market Insights
In Marsden Park, Quiet Listings observed 67 new parcels of land entering the market over the last 30 days, up from 18 during the previous 30-day period, with an average advertised asking price of $1,761,264. The property type mix of listed properties is predominantly Houses at 62%, followed by land (27%), and townhouses (5%). The most active agency for land in the Marsden Park area is currently Urban Real Estate, representing 37% of new listings, followed by Ray White with 16%. 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 Marsden Park NSW 2765
Other properties in this postcode
