A Badgerys Creek industrial development site in the heart of the Western Sydney International Airport precinct has sold for $10.23 million, including GST, with a 17 day settlement.
Sydney’s new 20-year strategic plan will influence where jobs, infrastructure and industrial activity are accommodated across the city. For commercial property owners and investors, the implications extend well beyond housing supply.
Sydney’s station precincts are being reshaped by Transport Oriented Development planning reforms. For commercial property owners, the changes make it increasingly important to understand how zoning, mixed-use potential and site configuration may affect future asset strategy.